Comprehensive Evaluation of Economic Indicators in Guangxi Economic Zone Based on Parallel Analysis
Guangdong, Zeng, Chunxiang, Zhao Zhao
Abstract
Guangdong, Zeng, Chunxiang, Zhao Zhao
Abstract
When making comprehensive evaluation on economy of an area,it is always hard to choose evaluation indicator system and composite indicators reasonably. This article uses parallel analysis to choose the number of principal component and classify indicators by R clustering and load rotation matrix to assess the economy of various cities in the economic zone and analyze economic status of each city,to provide a scientific basis for the government functional department to make correct decisions.
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When making comprehensive evaluation on economy of an area,it is always hard to choose evaluation indicator system and composite indicators reasonably. This article uses parallel analysis to choose the number of principal component and classify indicators by R clustering and load rotation matrix to assess the economy of various cities in the economic zone and analyze economic status of each city,to provide a scientific basis for the government functional department to make correct decisions.
Key concepts: Principal component analysis, Economic indicator, Government (linguistics), Special economic zone, Cluster analysis, Economic analysis, Business, Regional science