Grey Correlation Analysis of Producer Services and Manufacturing Industry in Wuhan City

Zhao-Yang WANG

Abstract


This paper analyzes the relationship between the various producer services and manufacturing industry in Wuhan by using grey system theory. The results show that the correlation between various segments of the industry of Wuhan producer services and manufacturing industry are relatively large, the correlation coefficient from big to small is as follows: Wholesale and Retail Trade, Banking, Education, Transportation, Storage and Post and Telecommunication Services, Information Transmission, Computer Services and Software, minimum is Real Estate. On the basis of this, the paper puts forward the policy suggestions.

Keywords


Grey Correlation Analysis, Producer Services, Manufacturing Industry.


DOI
10.12783/dtssehs/icss2016/8943