Title :
Using grey Lotka-Volterra model to analyze the relationship between the gross domestic products and the foreign direct investment of Ningbo city
Author :
Lifeng Wu ; Sifeng Liu
Author_Institution :
Coll. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
The relationship between the economic growth and foreign direct investment (FDI) has been the concern of the researchers. The grey Lotka-Volterra model is employed to analyze the relationship between the gross domestic products (GDP) and FDI in Ningbo from 1999 to 2007. The discrete Lotka-Volterra model is applied to predict the GDP and the FDI in Ningbo respectively. The results demonstrate that there is mutually beneficial relationship between the GDP and the FDI in Ningbo in the long run, and the FDI of current year restricts economic development.
Keywords :
economic indicators; grey systems; investment; FDI; GDP; Gross Domestic Products; Ningbo City; economic development; economic growth; foreign direct investment; grey Lotka-Volterra model; Data models; Economic indicators; Investment; Mathematical model; Predator prey systems; Predictive models; Foreign Direct Investment; GDP; Lotka-Volterra Model; predator-prey system; win-win situation system;
Conference_Titel :
Grey Systems and Intelligent Services, 2013 IEEE International Conference on
Conference_Location :
Macao
Print_ISBN :
978-1-4673-5247-5
DOI :
10.1109/GSIS.2013.6714796
