Vol. 6 (06) pp. 542-549 DOI: 10.21474/IJAR01/7243

GREY RELATION ANALYSIS BETWEEN INDUSTRIAL STRUCTURE AND ECONOMIC GROWTH BASED ON PANEL DATA.

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  • School of Mathematics and Statistics, Shandong University of Technology, Zibo, China.
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Abstract

In the process of social economic development, the change of industrial structure is closely related to the economic development. This paper selects per capita gross product and the output value of three industries of seventeen prefecture-level cities of Shandong province in China from 2012 to 2016, and discusses the relationship between industrial structure and economic growth of Shandong province through the method of grey relation theory. Results show that the correlation between economic growth and the primary industry is greater than that between economic growth and the secondary industry and the tertiary industry.

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How to Cite This Article

Xuan Ni and Peng Lin. (2018); GREY RELATION ANALYSIS BETWEEN INDUSTRIAL STRUCTURE AND ECONOMIC GROWTH BASED ON PANEL DATA., Int. J. of Adv. Res., 6 (06), 542-549, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/7243

Corresponding Author

Peng Lin
School of Mathematics and Statistics ,Shandong University of Technology, Zibo, China.
Creative Commons Attribution 4.0 This work is licensed under a Creative Commons Attribution 4.0 International License.