A summary of grey forecasting and relational models and its applications in marine economics and management
Purpose – Research on grey systems is becoming more sophisticated, and grey relational and prediction analyses are receiving close review worldwide. Particularly, the application of grey systems in marine economics is gaining importance. The purpose of this paper is to summarize and review literatur...
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Format: | Article |
Language: | English |
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Emerald Publishing
2019-12-01
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Series: | Marine Economics and Management |
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Online Access: | https://www.emerald.com/insight/content/doi/10.1108/MAEM-04-2019-0002/full/pdf?title=a-summary-of-grey-forecasting-and-relational-models-and-its-applications-in-marine-economics-and-management |
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author | Li Xuemei Yun Cao Junjie Wang Yaoguo Dang Yin Kedong |
author_facet | Li Xuemei Yun Cao Junjie Wang Yaoguo Dang Yin Kedong |
author_sort | Li Xuemei |
collection | DOAJ |
description | Purpose – Research on grey systems is becoming more sophisticated, and grey relational and prediction analyses are receiving close review worldwide. Particularly, the application of grey systems in marine economics is gaining importance. The purpose of this paper is to summarize and review literature on grey models, providing new directions in their application in the marine economy. Design/methodology/approach – This paper organized seminal studies on grey systems published by Chinese core journal database – CNKI, Web of Science and Elsevier from 1982 to 2018. After searching the aforementioned database for the said duration, the authors used the CiteSpace visualization tools to analyze them. Findings – The authors sorted the studies according to their countries/regions, institutions, keywords and categories using the CiteSpace tool; analyzed current research characteristics on grey models; and discussed their possible applications in marine businesses, economy, scientific research and education, marine environment and disasters. Finally, the authors pointed out the development trend of grey models. Originality/value – Although researches are combining grey theory with fractals, neural networks, fuzzy theory and other methods, the applications, in terms of scope, have still not met the demand. With the increasingly in-depth research in marine economics and management, international marine economic research has entered a new period of development. Grey theory will certainly attract scholars’ attention, and its role in marine economy and management will gain considerable significance. |
first_indexed | 2024-04-11T10:18:32Z |
format | Article |
id | doaj.art-a612440c29894bde954a385259995114 |
institution | Directory Open Access Journal |
issn | 2516-158X |
language | English |
last_indexed | 2024-04-11T10:18:32Z |
publishDate | 2019-12-01 |
publisher | Emerald Publishing |
record_format | Article |
series | Marine Economics and Management |
spelling | doaj.art-a612440c29894bde954a3852599951142022-12-22T04:29:53ZengEmerald PublishingMarine Economics and Management2516-158X2019-12-01228711310.1108/MAEM-04-2019-0002634450A summary of grey forecasting and relational models and its applications in marine economics and managementLi Xuemei0Yun Cao1Junjie Wang2Yaoguo Dang3Yin Kedong4Ocean University of China, Qingdao, ChinaOcean University of China, Qingdao, ChinaNanjing University of Aeronautics and Astronautics, Nanjing, ChinaNanjing University of Aeronautics and Astronautics, Nanjing, ChinaOcean University of China, Qingdao, ChinaPurpose – Research on grey systems is becoming more sophisticated, and grey relational and prediction analyses are receiving close review worldwide. Particularly, the application of grey systems in marine economics is gaining importance. The purpose of this paper is to summarize and review literature on grey models, providing new directions in their application in the marine economy. Design/methodology/approach – This paper organized seminal studies on grey systems published by Chinese core journal database – CNKI, Web of Science and Elsevier from 1982 to 2018. After searching the aforementioned database for the said duration, the authors used the CiteSpace visualization tools to analyze them. Findings – The authors sorted the studies according to their countries/regions, institutions, keywords and categories using the CiteSpace tool; analyzed current research characteristics on grey models; and discussed their possible applications in marine businesses, economy, scientific research and education, marine environment and disasters. Finally, the authors pointed out the development trend of grey models. Originality/value – Although researches are combining grey theory with fractals, neural networks, fuzzy theory and other methods, the applications, in terms of scope, have still not met the demand. With the increasingly in-depth research in marine economics and management, international marine economic research has entered a new period of development. Grey theory will certainly attract scholars’ attention, and its role in marine economy and management will gain considerable significance.https://www.emerald.com/insight/content/doi/10.1108/MAEM-04-2019-0002/full/pdf?title=a-summary-of-grey-forecasting-and-relational-models-and-its-applications-in-marine-economics-and-managementgrey system theorycitespacegrey forecasting and relational modelsmarine economy |
spellingShingle | Li Xuemei Yun Cao Junjie Wang Yaoguo Dang Yin Kedong A summary of grey forecasting and relational models and its applications in marine economics and management Marine Economics and Management grey system theory citespace grey forecasting and relational models marine economy |
title | A summary of grey forecasting and relational models and its applications in marine economics and management |
title_full | A summary of grey forecasting and relational models and its applications in marine economics and management |
title_fullStr | A summary of grey forecasting and relational models and its applications in marine economics and management |
title_full_unstemmed | A summary of grey forecasting and relational models and its applications in marine economics and management |
title_short | A summary of grey forecasting and relational models and its applications in marine economics and management |
title_sort | summary of grey forecasting and relational models and its applications in marine economics and management |
topic | grey system theory citespace grey forecasting and relational models marine economy |
url | https://www.emerald.com/insight/content/doi/10.1108/MAEM-04-2019-0002/full/pdf?title=a-summary-of-grey-forecasting-and-relational-models-and-its-applications-in-marine-economics-and-management |
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