NDLI: Research on Application of Compensative GM (1, N) Model in Technical Input Analysis: Evidence from Henan Province in China

Content Provider	IEEE Xplore Digital Library
Author	Wuwei Li Yueru Wei Yuhong Wang
Copyright Year	2008
Description	Author affiliation: Dept. of Econ. & Manage., Zhengzhou Jiaotong Univ., Zhengzhou (Yueru Wei) \|\| Dept. of Bus. Adm., Zhengzhou Inst. of Aeronaut. Ind. Manage., Zhengzhou (Wuwei Li) \|\| Sch. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing (Yuhong Wang)
Abstract	Based on the statistics from 1998 to 2005 released by Henan Statistical Bureau in China, this paper applies the compensative GM (1, N) model to simulate the relationship between technical input and economic growth. In this paper, the parameters of the system are obtained via the principle of least square method. In the numerical experiment, the model simulates the GDP values of Henan province from 1998 to 2005. Research results show that the compensative GM (1, N) model has a high precision, and could provide valuable information to policy makers in their efforts to make efficient technical policies for promoting economic growth.
Starting Page	419
Ending Page	423
File Size	232298
Page Count	5
File Format	PDF
ISBN	9780769534800
DOI	10.1109/FITME.2008.57
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-11-20
Publisher Place	Loughborough
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Technological innovation Statistical analysis Information management Information technology Research and development Aerospace industry N) model GM(1 Information analysis Seminars Technology management Engineering management Economic growth Technical input
Content Type	Text
Resource Type	Article

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