INTERNATIONAL COMPARATIVE STUDY ON THE PROCESS OF THE 2007-2009 FINANCIAL CRISIS

被引:0
|
作者
Li, Nan [1 ]
Hu, Yao [1 ]
Long, Wen [2 ]
Wang, Huiwen [1 ]
机构
[1] Beihang Univ, Sch Econ & Management, Beijing 100191, Peoples R China
[2] Chinese Acad Sci, Res Ctr Fictitious Econ & Data Sci, Beijing 100190, Peoples R China
关键词
Financial Crisis; Economic Growth Rate; Global Principal Component Analysis Functional Data Analysis;
D O I
暂无
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This paper compares the changes of economic growth rate of 36 countries during the whole process of the latest financial crisis (from its brewing, occurrence, development to recovery). Firstly, the Global Principle Component method is applied to synthesize the seven variables describing the economic growth rate to get a comprehensive variable. On this basis, we study the economic development process of different countries by the Functional Principle Component Analysis method, including the overall level of the economic growth rate of 36 countries during 2006-2009 and the gap of economic development speed because of financial crisis.
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页码:679 / +
页数:2
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