An Empirical Analysis of Regional Economic Development Level in Fujian Province Based on PCA

DOI

10.2991/assehr.k.210407.002How to use a DOI?

Keywords

PCA, Fujian province, regional economy, economic development, empirical analysis

Abstract

Fujian, a coastal province which lies in southeast China, has already become the indispensable part of the economic boost of China due to its high-quality development of the market economy. However, differences still exist in the aspect of regional economic growth. According to this assumption, this paper firstly defines the GDP(Gross Domestic Product) of 9 cities of Fujian as the dependent variable, and uses principal component analysis (PCA) to simplify the multidimensional data into 17 comprehensive indicators to compare the development level of nine cities. Then, make statistical analysis and assess the outcomes to find out the differences of regional development in Fujian. Finally, consider the policy Fujian province may adopt and the road that the Fujian government can choose to achieve the harmonious development of the regional economy, as a reference to the Fujian government.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wangzi Xu
PY  - 2021
DA  - 2021/04/08
TI  - An Empirical Analysis of Regional Economic Development Level in Fujian Province Based on PCA
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 5
EP  - 10
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.002
DO  - 10.2991/assehr.k.210407.002
ID  - Xu2021
ER  -