Proceedings of the 5th International Conference on Economics, Management, Law and Education (EMLE 2019)

Research on Economic Forecast of High-Tech Park Based on Combination Model: Taking the Zhongguancun Demonstration Zone as an Example*

Authors
Xiaofeng Wu, Da Li, Yanan Jin, Yaotong Chen
Corresponding Author
Xiaofeng Wu
Available Online 7 January 2020.
DOI
https://doi.org/10.2991/aebmr.k.191225.039How to use a DOI?
Keywords
high-tech park, economic forecast, combined model
Abstract
In recent years, the domestic high-tech park economy has achieved rapid development. The park economic forecast is the basis for formulating macroeconomic policies and improving risk management capabilities. The traditional time series forecasting model is more and more difficult in the increasingly complex national economic development to meet the needs of economic forecasting. Based on this, an EMD-SVM based on high-tech park total revenue error correction combined forecasting model is established. The data were selected from the 2009-2017 Zhongguancun High-tech Park total revenue monthly data as a sample to verify. The results show that the model can provide more effective predictions for the operational trends under the characteristics of economic fluctuations in China’s high-tech parks.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Xiaofeng Wu
AU  - Da Li
AU  - Yanan Jin
AU  - Yaotong Chen
PY  - 2020
DA  - 2020/01/07
TI  - Research on Economic Forecast of High-Tech Park Based on Combination Model: Taking the Zhongguancun Demonstration Zone as an Example*
BT  - Proceedings of the 5th International Conference on Economics, Management, Law and Education (EMLE 2019)
PB  - Atlantis Press
SP  - 220
EP  - 225
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.191225.039
DO  - https://doi.org/10.2991/aebmr.k.191225.039
ID  - Wu2020
ER  -