Multi-dimension Monitoring System for Regional Economy: Exploration and Practice in Xinjiang Autonomous Region

Based on the concept of “economic cycle cube”, this research constructs the multi-dimension monitoring system for Xinjiang Autonomous Region. The system is able to monitor the main subjects of Xinjiang regional economy including economic growth, investment, consumption, trade, prices, industrial ent...

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Bibliographic Details
Published inProcedia computer science Vol. 31; pp. 318 - 327
Main Authors Yang, Haizhen, Li, Suxiao, Ye, Yanyi, Yang, Xiaoguang
Format Journal Article
LanguageEnglish
Published Elsevier B.V 2014
Subjects
decision support system
economy monitoring cube
multi-dimension monitoring system
regional economy
Xinjiang autonomous region
Xinjiang autonomous region
economy monitoring cube
multi-dimension monitoring system
regional economy
decision support system
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Summary:Based on the concept of “economic cycle cube”, this research constructs the multi-dimension monitoring system for Xinjiang Autonomous Region. The system is able to monitor the main subjects of Xinjiang regional economy including economic growth, investment, consumption, trade, prices, industrial enterprises, coal industry and services, with the tools like diffusion index, composite index, signal lamp, comprehensive monitoring index and business cycle tracer. Then, this research tries to combine the different signals into a comprehensive views of economic trends presented in a unified platform. A decision support system is developed to connect the dynamic coming data, methods for generating index, interpretation of results, and insightful interface. The multi-dimension monitoring system has been used in the decision making and policy support by the Economic Research Academy of Xinjiang Uygur Autonomous Region Development and Reform Commission.
ISSN:1877-0509
1877-0509
DOI:10.1016/j.procs.2014.05.274