A Study on the Competitiveness of Chinese Nonferrous Metals Industry Based on Principle Component Analysis
Based on the theories of regional economics and industrial economics, the paper analyzed the development of China nonferrous metals industry, made summary of the current research on industrial competitiveness, built an evaluation index system from the four areas: scale competitiveness, market competitiveness, benefit competitiveness and export competitiveness. Then, with the tool of SPSS, the paper conducted principal component analysis to evaluate the competitiveness of China’s nonferrous metals industry. The principal component analysis showed that 2 principle components, named as market competitiveness and benefit competitiveness, can be extracted to evaluate china’s nonferrous industrial competitiveness. It is concluded that the competitiveness of Chinese nonferrous metals industry has been improving, and it also came up some suggestions on how to further improve the competitiveness of Chinese nonferrous metals industry from the two areas: adjust the industrial structure and improve the technological level.
Sun, Lin; Kang, Canhua; and Sun, Yanlin, "A Study on the Competitiveness of Chinese Nonferrous Metals Industry Based on Principle Component Analysis" (2012). WHICEB 2012 PROCEEDINGS. 80.