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A Study on the Effect of the Development of Regional Pillar Industries on the Local Economy——A Case of Xianyang
Pages: 65-70
Year: Issue:  4
Journal: Xi'an Finance

Keyword:  pillar industryeconomic effect;
Abstract: On the basis of the literature of theoretical research and empirical analysis on the economic effect of pillar industries,taking Xianyang city as an example, combined with the present situation of the development of pillar industries in Xianyang, the paper selects a set of evaluation index system which can better reflect the economic development situation of pillar industries in Xianyang city, and makes a comprehensive evaluation on the system by using principal component analysis method. At the same time, choosing three pillar industries with highest scores, combined with economic development indexes GDP, the paper establishes the regression model, and scientifically analyzes the effect of pillar industries on the local economy by using the empirical method. Studies show that the pillar industries in Xianyang city support the local economic development and the economic effect is very obvious.
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