Journals
Social Science Studies2020(1)
Analysis and Forecast of the Economic Development in Baiyun District, Guiyang, Guizhou Province
Author:Hongye Jia, Yun Tang
Author Unit: School of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang 500025, Guizhou, P.R. China
School of Geography and Environmental Science, Guizhou Normal University, Guiyang 550025, Guizhou, P.R. China
Abstract:The forecast of economy development situation has important practical meaning for adjusting the regional industrial structure and transforming the development mode. The data of the regional GDP and GDP growth rate of Baiyun District, Guiyang City, Guizhou from 2000 to 2019 and the ARIMA mode are used to analyze and forecast the economics development in Baiyun District. The empirical results show that in the next few years, the economy of Baiyun District in Guiyang City can still maintain a stable growth. It is expected that the GDP of Baiyun District can exceed 3.3 billion yuan in 2025.
Keywords:ARIMA model; GDP; Economic forecast; Non-stationary
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