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Academic Journal of Business & Management, 2022, 4(2); doi: 10.25236/AJBM.2022.040213.

Research on the Influencing Factors of Gross Domestic Product in Jiangxi Province


Yaqing Zhu

Corresponding Author:
Yaqing Zhu

School of International Business and Economics, Jiangxi University of Finance and Economics, Nanchang, China


This paper is used the principal component analysis method to explore the relationship between 10 indicators and economic growth, including fixed investment, fiscal revenue, fiscal expenditure, total import, and export value, resident consumption level, financial investment in science and technology, the proportion of total labor resources in the population, and gender ratio. Results are indicated that all the above indicators have an impact on GDP. The first principal component is the comprehensive human level of economic development, and the second is the gender ratio. This paper analyzes the impact of different economic indicators on GDP, and it provides policy suggestions for economic development to promote the economic growth of Jiangxi Province.


Jiangxi Province; Economic Development; Principal Component Analysis; Influence Factor

Cite This Paper

Yaqing Zhu. Research on the Influencing Factors of Gross Domestic Product in Jiangxi Province. Academic Journal of Business & Management (2022) Vol. 4, Issue 2: 75-79. https://doi.org/10.25236/AJBM.2022.040213.


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