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Research on Rural Consumer Demand in Hebei Province Based on Principal Component Analysis AgEcon
Ma, Hui-zi; Zhao, Bang-hong; Xuan, Yong-sheng.
By selecting me time sequence data concerning influencing factors of rural consumer demand in Hebei Province from 2000 to 2010, this paper uses the principal component analysis method in multiplex econometric statistical analysis, constructs the principal component of consumer demand in Hebei Province, conducts regression on the dependent variable of consumer spending per capita in Hebei Province and the principal component of consumer demand so as to get principal component regression, and then conducts quantitative and qualitative analysis on the principal component. The results show that total output value per capita (yuan), employment rate, and income gap, are correlative with rural residents' consumer demand in Hebei Province positively; consumer...
Tipo: Journal Article Palavras-chave: Consumer demand; Principal component analysis; Regression analysis; Hebei Province; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/117256
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