Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China

Research Article

Application of Factor Analysis and Cluster Analysis in Regional Economics A Case Study of Beijing Tianjin Hebei Urban Agglomeration

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  • @INPROCEEDINGS{10.4108/eai.9-12-2022.2327702,
    author={Jia  Li},
    title={Application of Factor Analysis and Cluster Analysis in Regional Economics A Case Study of Beijing Tianjin Hebei Urban Agglomeration},
    proceedings={Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China},
    publisher={EAI},
    proceedings_a={MSIEID},
    year={2023},
    month={3},
    keywords={cluster analysis; factor analysis; beijing-tianjin-hebei urban agglomeration},
    doi={10.4108/eai.9-12-2022.2327702}
}
  • Jia Li
    Year: 2023
    Application of Factor Analysis and Cluster Analysis in Regional Economics A Case Study of Beijing Tianjin Hebei Urban Agglomeration
    MSIEID
    EAI
    DOI: 10.4108/eai.9-12-2022.2327702
Jia Li1,*
  • 1: Beijing Jiaotong University
*Contact email: 20120524@bjtu.edu.cn

Abstract

This paper uses cluster analysis and factor analysis to study the economic status of Beijing Tianjin Hebei Urban Agglomeration. We include the variables such as the regional GDP and the general public budget income of 167 districts and counties in the urban agglomeration into the public factors, then use the public factors and their factor contribution rate to construct the comprehensive factor score, then conduct cluster analysis according to the comprehensive factor score ranking, and finally conduct comparative analysis.

Keywords
cluster analysis; factor analysis; beijing-tianjin-hebei urban agglomeration
Published
2023-03-14
Publisher
EAI
http://dx.doi.org/10.4108/eai.9-12-2022.2327702
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