Title :
Application of grey incidence analysis to economic index time difference analysis
Author :
Ping, Ji ; Kejia, Chen
Author_Institution :
Dept. of Ind. & Syst. Eng., Hong Kong Polytech Univ., China
Abstract :
In this paper, an economic cycle monitor and early warning index system is designed. The basic components of grey incidence analysis are introduced, and the approach is applied to economic index time difference analysis. On the basis of the monthly data from January 1998 to December 2001, leading indicators, coincident indicators and lagging indicators are then determined.
Keywords :
economic cycles; economic forecasting; economic indicators; grey systems; time-domain analysis; early warning index system; economic cycle monitoring; economic index time difference analysis; grey incidence analysis; Alarm systems; Control systems; Economic forecasting; Economic indicators; Industrial economics; Monitoring; Systems engineering and theory; Timing; Turning;
Conference_Titel :
Networking, Sensing and Control, 2005. Proceedings. 2005 IEEE
Print_ISBN :
0-7803-8812-7
DOI :
10.1109/ICNSC.2005.1461195