Title :
Research on the interactive relationship of resident income, consumption and economic growth based on grey relational analysis
Author :
Haiping, Shen ; Qiujing, Wu ; Ci, Zha
Author_Institution :
Coll. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
Considering the relational mechanism between resident income, consumption and economic growth based on Keynesian theory, this paper adopts the synthetic grey relational analysis method to quantitatively analyze the interactive relationship between China´s resident income, consumption and economic growth. Empirical study results show that there are positive cause-effect relations between resident income and consumption, resident income and economic growth, consumption and economic growth.
Keywords :
cause-effect analysis; economics; grey systems; Keynesian theory; cause-effect relations; consumption; economic growth; grey relational analysis; interactive relationship; resident income; Data mining; Economic indicators; Government; History; Intelligent systems; Monitoring; Remuneration; Technological innovation; Testing; Uncertain systems;
Conference_Titel :
Grey Systems and Intelligent Services, 2009. GSIS 2009. IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4914-9
Electronic_ISBN :
978-1-4244-4916-3
DOI :
10.1109/GSIS.2009.5408326