Analysis and Decision of Regional Economic Vitality and Its Influencing Factors
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DOI: 10.23977/GEFHR2020.034
Author(s)
Zhihan Qiu, Qinyi Zhang, Lingyuan Xie
Corresponding Author
Zhihan Qiu
ABSTRACT
Based on the problem of regional economic vitality and its influencing factors, this paper introduces how to grasp the key factors and effectively improve the regional economic vitality. We first establish a reasonable model of the influencing factors of economic vitality and study the action plan to improve the regional economic vitality. Through correlation analysis, partial correlation analysis, and conduct independence test of independent variables to exclude their mutual influence. Then we analyze the short-term and long-term impact of economic policy transformation on regional (urban or provincial) economic vitality. Next the relevant model is obtained, and through regression analysis, linear simulation, continuous fitting, error analysis to get the appropriate mathematical model, and finally get the order of the city economic vitality. At last, it provides development suggestions for the region (city or province). By observing the influence of various factors on economic vitality, we can judge its weight, change the parameters with greater influence, and enhance regional competitiveness.
KEYWORDS
Regional economic vitality, influencing factors, regression analysis, linear simulation