Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysis

Purpose – Accurately judging the quality of marine economic development is the premise of grasping the level and status of marine economic development. In order to scientifically evaluate the development quality of regional marine economy, the purpose of this paper is to select the marine area of Qi...

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Main Authors: Peide Liu, Xiaoxiao Liu, Hongyu Yang
Format: Article
Language:English
Published: Emerald Publishing 2019-12-01
Series:Marine Economics and Management
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/MAEM-08-2019-0005/full/pdf?title=evaluation-of-the-marine-economic-development-quality-in-qingdao-based-on-entropy-and-grey-relational-analysis
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author Peide Liu
Xiaoxiao Liu
Hongyu Yang
author_facet Peide Liu
Xiaoxiao Liu
Hongyu Yang
author_sort Peide Liu
collection DOAJ
description Purpose – Accurately judging the quality of marine economic development is the premise of grasping the level and status of marine economic development. In order to scientifically evaluate the development quality of regional marine economy, the purpose of this paper is to select the marine area of Qingdao as the research object, and construct a marine economic development quality evaluation index system with 16 indicators. Design/methodology/approach – The raw data is normalized by the range conversion method, and the weight of the index is determined by the information entropy model. Further, the grey relational analysis (GRA) method is used to evaluate the quality of marine economic development of Qingdao from 2012 to 2017. Findings – The results show that the marine economic development capacity of Qingdao is with the generally increasing trend, the total marine economy is with on the rising trend, the marine storage and transportation capacity, and marine ecological environment are first decreased, and then increased. The utilization of marine resources is generally decreasing, and the comprehensive management of oceans varies with the changes of environment and economy. Therefore, in view of the development capacity of marine economy, the coordinated development of economy and environment should be carried out. Originality/value – This paper uses the GRA to evaluate the quality of marine economic development and provides a reference for the development of marine economy in Qingdao.
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spelling doaj.art-e7a59fa7ec024ea9ae3cb7ad3cd059682022-12-22T02:32:27ZengEmerald PublishingMarine Economics and Management2516-158X2019-12-0121293810.1108/MAEM-08-2019-0005634147Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysisPeide Liu0Xiaoxiao Liu1Hongyu Yang2School of Management Science and Engineering, Shandong University of Finance and Economics, Jinan, ChinaSchool of Management Science and Engineering, Shandong University of Finance and Economics, Jinan, ChinaSchool of Management Science and Engineering, Shandong University of Finance and Economics, Jinan, ChinaPurpose – Accurately judging the quality of marine economic development is the premise of grasping the level and status of marine economic development. In order to scientifically evaluate the development quality of regional marine economy, the purpose of this paper is to select the marine area of Qingdao as the research object, and construct a marine economic development quality evaluation index system with 16 indicators. Design/methodology/approach – The raw data is normalized by the range conversion method, and the weight of the index is determined by the information entropy model. Further, the grey relational analysis (GRA) method is used to evaluate the quality of marine economic development of Qingdao from 2012 to 2017. Findings – The results show that the marine economic development capacity of Qingdao is with the generally increasing trend, the total marine economy is with on the rising trend, the marine storage and transportation capacity, and marine ecological environment are first decreased, and then increased. The utilization of marine resources is generally decreasing, and the comprehensive management of oceans varies with the changes of environment and economy. Therefore, in view of the development capacity of marine economy, the coordinated development of economy and environment should be carried out. Originality/value – This paper uses the GRA to evaluate the quality of marine economic development and provides a reference for the development of marine economy in Qingdao.https://www.emerald.com/insight/content/doi/10.1108/MAEM-08-2019-0005/full/pdf?title=evaluation-of-the-marine-economic-development-quality-in-qingdao-based-on-entropy-and-grey-relational-analysisgraentropy weight methodeconomic development qualitymarine economies
spellingShingle Peide Liu
Xiaoxiao Liu
Hongyu Yang
Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysis
Marine Economics and Management
gra
entropy weight method
economic development quality
marine economies
title Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysis
title_full Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysis
title_fullStr Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysis
title_full_unstemmed Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysis
title_short Evaluation of the marine economic development quality in Qingdao based on entropy and grey relational analysis
title_sort evaluation of the marine economic development quality in qingdao based on entropy and grey relational analysis
topic gra
entropy weight method
economic development quality
marine economies
url https://www.emerald.com/insight/content/doi/10.1108/MAEM-08-2019-0005/full/pdf?title=evaluation-of-the-marine-economic-development-quality-in-qingdao-based-on-entropy-and-grey-relational-analysis
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AT xiaoxiaoliu evaluationofthemarineeconomicdevelopmentqualityinqingdaobasedonentropyandgreyrelationalanalysis
AT hongyuyang evaluationofthemarineeconomicdevelopmentqualityinqingdaobasedonentropyandgreyrelationalanalysis