slugStudy on Competitive Power of the County Economy on the Basis of Factor Analysis--A Case Study of Shandong Province
Journal Title: International Journal of Academic Research in Management - Year 2014, Vol 3, Issue 3
Abstract
County economy is the important component, as well as the most basic regional unit of national economy. By the comprehensive evaluation of the competitiveness of county economy, we would find the variation law of the county economy competitiveness, which is significant to improve the competitiveness of county economy and promote the overall development of the national economy. Using factor analysis and principal component analysis method, this paper established the comprehensive evaluation system of the county economic competitiveness, and extracted four common factors which have a decisive influence on the development of competitiveness of county economy, then evaluated the competitiveness of ninety-one county economy in Shandong province. Finally, this paper also puts forward the suggestions on county economic development of Shandong province.
Authors and Affiliations
Xianyin Lee, Jiaojiao Guo and Wenchao Zuo
Keywords
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