IDEAS home Printed from https://ideas.repec.org/a/eee/chsofr/v128y2019icp25-33.html
   My bibliography  Save this article

Construction of indicator system of regional economic system impact factors based on fractional differential equations

Author

Listed:
  • Zhang, Jun
  • Fu, Xiaoming
  • Morris, Harry

Abstract

In the evaluation activities of various economic systems, the selection of the design of the indicator system is often subjective. In practice, these principles tend to focus on formalization, and there are big differences with the process of selecting specific indicators. The regional economic development has entered a critical period of transition to a high-quality development stage, but the contradiction of insufficient regional economic imbalance development is still a constraint factor for the high-quality development of the regional economy. Based on the fractional differential equation analysis method, it expounds the mechanism of high-quality development of regional economy from 10 dimensions such as GDP, tertiary industry added value, local fiscal revenue, scientific and technological innovation, and market mechanism. Combining the ideas of the new development concept to promote the high-quality development of regional economy, the system is evaluated by fractional differential equations. The best indicator system framework was selected to build an economic system impact factor indicator system. According to the SEM analysis results, the weights of each index are determined.

Suggested Citation

  • Zhang, Jun & Fu, Xiaoming & Morris, Harry, 2019. "Construction of indicator system of regional economic system impact factors based on fractional differential equations," Chaos, Solitons & Fractals, Elsevier, vol. 128(C), pages 25-33.
  • Handle: RePEc:eee:chsofr:v:128:y:2019:i:c:p:25-33
    DOI: 10.1016/j.chaos.2019.07.036
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960077919302887
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael J. Aitken & Angelo Aspris & Sean Foley & Frederick H. de B. Harris, 2018. "Market Fairness: The Poor Country Cousin of Market Efficiency," Journal of Business Ethics, Springer, vol. 147(1), pages 5-23, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Agapova, Anna & Madura, Jeff & Volkov, Nikanor, 2020. "Information leakage of ADRs Prior to company issued guidance," Research in International Business and Finance, Elsevier, vol. 54(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:chsofr:v:128:y:2019:i:c:p:25-33. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thayer, Thomas R.). General contact details of provider: https://www.journals.elsevier.com/chaos-solitons-and-fractals .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.