INTERNATIONAL COMPARATIVE STUDY ON THE PROCESS OF THE 2007-2009 FINANCIAL CRISIS
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.
financial crisis economic growth rate global principal component analysis functional data analysis
Nan Li Yao Hu Wen Long Huiwen Wang
School of Economics and Management, Beihang University, Beijing 100191, China Research Center on Fictitious Economy & Data Science, Chinese Academy of Sciences, Beijing 100190, C
国际会议
The Tneth International Conference on Industrial Management(第十届工业管理国际会议 ICIM 2010)
北京
英文
679-683
2010-09-16（万方平台首次上网日期，不代表论文的发表时间）