Notice of RetractionThe health cost estimation and empirical study in Shanghai—Basing on Principal Component Analysis

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

In recent years, people are paying more and more attention to health issues. World Bank “World Development Report 1993” regards that the good state of health can improve personal economic productivity and enhance national economic growth. Therefore, investment in health is a way to speed up the development. Basing on the analysis of a large amount of references, this article chooses 15 factors for health investment and build a health investment cost calculation models employing Principal Component Analysis of which the results suggest that health investment cost of shanghai from 2001 to 2007 shows an ascending trend. This indicates that health issue is paid more and more attention and the investment for it is increasing constantly. However, problems existed in the construction of health investment are also reflected.