The Effect of Central China’s Logistics Industry to Economic Development Based on Linear Regression Analysis

Abstract:

Promoting the central rise of China is one of the important development strategies for our country. It is also the objective needs for East-West Fusion and North-South butt joint, and for promoting regional economic development. This article used linear regression and other econometric methods, regarded the average gross domestic product (GDP) of the Six central provinces (Henan, Shanxi, Hunan, Hubei, Anhui and Jiangxi) as the explained variable to represent the average development level of economy, identified the average value of freight turnover in the six central provinces as explanatory variable to represent the average development level of the logistics industry in the six central provinces; and quantitative analyzed the relationship between the average GDP and the average value of freight turnover of the six central provinces with Eviews software, moreover, put some relevant recommendations for the future rapid development of economy in the Six central provinces.

• Periodical: Applied Mechanics and Materials (Volumes 55-57)
• Pages: 1851-1856
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.55-57.1851
• Online since: May 2011
• Authors: Hai Tao Su, Lu Ming Yang, Hu Ding
• Keywords: Eviews, GDP, Linear Regression, Value of Freight Turnover

References

[1] Jara Diaz: An empirical study of supply chain performance in transport logistics, International Journal of Production Economics, no. 5(2005), pp.321-331.

[2] Yuchen Song, Wenliang Lv: Research on Data Mining of Logistics and Economic Development, Computational Intelligence and Software Engineering(2009), pp.1-4.

[3] Dejun Song: The Role of Logistics Industry to Regional Economic Development, Proceedings of the 2nd International Conference on Transportation Engineering(2009), pp.1499-1504.

[4] Yanfeng Chu, Sifeng Liu: Researching on Grey Incidengce between Logistics Industry and Economic Development, Intelligent Information Technology Application Workshops(2008), pp.927-931.

DOI: 10.1109/iita.workshops.2008.109

[5] Li Li, Jianghua Li, Haiyan Zhou: The correlation analysis between the development of logistics industry and the overall improvement level of national economy, " Chinese mechanical engineering(2003), no. 5.

[6] Miaoyun Shi: The quantitatively analysis of the promotion function of modern logistics industry on the economy of Inner Mongolia, Science & technology and economy in Inner Mongolia(2008), pp.16-17.

[7] Zhenzhong Tian: An empirical analysis of the the development of logistics industry and economic growth of Henan province, Modern logistics, No. 1(2010), pp.50-52.

[8] Xueni Liu, Xuanxi Ning, Dongqing Zhang: An empirical analysis for the relationship between economic growth of the Yangtze River delta and development of logistics industry, Enterprise and Economy, No. 3(2007), pp.97-99.

[9] Shanmei Song, Huiqiang Xie: An empirical analysis of the development of regional logistics industry and regional economic growth – take Guizhou for example, Economist, No. 11(2009), pp.267-268.

[10] Feifei Shen, Jian Xu: An empirical analysis of logistics industry in central region and regional economic growth, Commercial economics, No. 35(2009), pp.23-24.

[11] Tiemei Gao, Econometric analysis and modeling: the application and instances of Eviews (Tsinghua University Publications, China 2009).