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Analysis of the relationship between industrial agglomeration and regional economic growth based on the multi-objective optimisation model

   | 22. Nov. 2021

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Fig. 1

Quantitative trading strategy generation technology method based on multi-objective optimisation theory
Quantitative trading strategy generation technology method based on multi-objective optimisation theory

Fig. 2

Structure diagram of equation model
Structure diagram of equation model

Analysis of test results based on ADF unit root

Variable Test statistics P values Lag The whole order
Rjgdp −4.473965 0.0003 0 I(0)
Pjgz −5.019404 0.0002 0 I(0)
Rjczsr −4.965987 0.0003 0 I(0)
Gybz −3.573293 0.0068 11 I(0)
Cyrs −3.979609 0.0017 11 I(0)
Jjzs −5.419012 0 0 I(0)
Sjlywz −4.460539 0.0003 0 I(0)
Jgmybz −4.455309 0.0003 0 I(0)
Myycd −5.131048 0 0 I(0)
Gdzctz −4.145615 0.00015 0 I(0)
Rlzd −5.241372 0.00024 0 I(0)

Test and analysis results of normalised data

Pjgz Rigdp Jgmybz Silywz Mzzcd Gybz Cyrs Jjzs Rjczsr Gdzctz Rlzb
N 283 283 283 283 283 283 283 283 283 283 283
Mean 1.84 1.41 48.6 2.87 64.13 47.3 23.86 1.28 24.19 25.7 5.89
SD 1.0064 0.0539 0.1544 0.1915 0.0744 0.264 0.0038 0.0362 0.1464 0.1028 0.0546
Skewness 0.0001 0 0 0 0 0 0.0002 0 0 0 0
Kurtosis 2.9704 2.9714 2.9705 2.9725 2.9732 2.9687 2.9745 2.9709 2.9689 2.9704 2.9717
Jarque Bera 0.0120 0.0116 0.0118 0.0117 0.0124 0.0117 0.0106 0.0113 0.0116 0.0115 0.0135
Probability 0.9941 0.9942 0.9938 0.9924 0.9854 0.9868 0.9947 0.9944 0.9958 0.9524 0.9673

Connotation analysis of latent variables and observed variables

Latent variables Observed variables Variable meaning
Economic growth Per capita gross regional product (RJGDP) (yuan) Ratio of GDP to total population at year-end
Average salary (PJGZ) (Yuan) Weighted average wages of state-owned units, urban collective units and other units
Per capita fiscal revenue (RJCZSR) (yuan) Ratio of annual general budget revenue to year-end population
Industrial agglomeration Proportion of industrial added value (GYBZ) (%) The proportion of industrial added value in regional GDP
Proportion of Manufacturing Enterprises (CYRS) (%) Proportion of the number of manufacturing enterprises in the total number of regional enterprises
Agglomeration Index (JJZS) Calculate according to relevant formulas
Opening to the outside world Proportion of Actual Utilisation of Foreign Investment (SJLYWZ) (%) The proportion of FDI actually utilised in GDP
Proportion of Processing Trade (JGMYBZ) (%) Processing trade as a share of a region’s total foreign trade, which also measures the extent to which a region is integrated into the global production network
Trade Dependence (MyYCD) (%) Ratio of total regional imports and exports to GDP
Factor input Growth of Fixed Asset (Total Fixed Assets Investment of Current Year – Total Fixed
Investment (GDZCTZ ) (%) Assets Investment of Last Year)/Total Fixed Assets
Investment of Last Year – 1
Human capital (RLZB) (%) Growth rate of employment at year-end

Parameter estimation analysis results

The normalised path coefficient S.E C.R P
Industrial agglomeration < – Opening to the outside world 123 139 924 003
Factor input < – Industrial agglomeration 301 165 966 034
Economic growth < – Industrial agglomeration 467 302 2.877 004
Economic growth < – factor input 073 704 363 002
Economic growth < – Opening to the outside world 005 252 041 006
Jgmybz< – Opening to the outside world 301 215 2.066 039
Myycd< – Opening to the outside world 974 219 1.135 026
Sjlywz< – Opening to the outside world 378
Gybz< – Industrial agglomeration 830 161 8.294 ***
Jjzs< – Industrial agglomeration 847 268 8.476 ***
Pjgz< – Economic growth 648 120 4.246 ***
Rjgdp< – Economic growth 732
Gdzctz< – factor input 390
Rlzd< – factor input 644 2.888 944 045
Rjczsr< – Economic growth 706 193 4.385 ***
Cyrs< – Industrial agglomeration 871
eISSN:
2444-8656
Sprache:
Englisch
Zeitrahmen der Veröffentlichung:
Volume Open
Fachgebiete der Zeitschrift:
Biologie, andere, Mathematik, Angewandte Mathematik, Allgemeines, Physik