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Comprehensive Evaluation on the Level of Agricultural Economic Development in Hubei Province Based on Principal Component Analysis

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  • LI, Simian

Abstract

[Objectives] Hubei Province has a superior geographical location, and is located in the middle and lower reaches of the Yangtze River, with pleasant climate and abundant natural resources. It is an important province of population, agriculture and resources in China. [Methods] Based on the data of Statistical Yearbook of Hubei 2018, the agricultural economic indicators of the cities and prefectures in Hubei Province were analyzed with principal component analysis method by using SPSS 19.0. [Results] The comprehensive scores and rankings of the agricultural economic development level of the 17 cities and prefectures in Hubei Province were obtained. They were divided into four agricultural development levels. [Conclusions] According to the analysis results, corresponding policy recommendations were put forward to promote the development of agricultural economy in Hubei Province.

Suggested Citation

  • LI, Simian, 2021. "Comprehensive Evaluation on the Level of Agricultural Economic Development in Hubei Province Based on Principal Component Analysis," Asian Agricultural Research, USA-China Science and Culture Media Corporation, vol. 12(08), August.
  • Handle: RePEc:ags:asagre:309815
    DOI: 10.22004/ag.econ.309815
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    Keywords

    Agribusiness;

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