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Study On The Correlation Between Non-ferrous Metals Enterprises And The Economic Cycle

Posted on:2018-10-29Degree:DoctorType:Dissertation
Country:ChinaCandidate:S Z ShanFull Text:PDF
GTID:1319330542451724Subject:Resource industries economy
Abstract/Summary:PDF Full Text Request
Economic cyclical fluctuation is the inherent attribute of the market economy,with the deepening of reform and opening up,China's economy has greatly enhanced the market,the macro economy is also showing increasingly strong cyclical characteristics.Some of the industry boom by the impact of the economic cycle fluctuations,with the fluctuations in the economic cycle and volatility,we put these industries into a strong cycle of the industry,which is increasingly becoming the market demand forecast heavy and difficult.In particular,iron and steel,energy,non-ferrous smelting,construction machinery,real estate and other industries.These industries constitute the most important part of the national economy,the ability to seize the opportunity in a complex market environment,timely prevention and response to the impact of the economic cycle on the industry and industry enterprises,is essential.The combination of qualitative and quantitative analysis,the establishment of early warning system of the financial dimension,industry configuration dimension,resource dimension,price dimension four dimensions for study on the hypothesis using SPSS statistical software,the relationship between the different dimensions of factors in regression analysis,graph analysis and correlation analysis,to determine the dimensions and latitude factors of priority then,using the AHP to determine the weight of each priority factors,provide information support for nonferrous metal enterprises.The conclusion of the study shows that the financial dimension index,resource allocation,resource value dimension index dimension table,price trend reaching dimensions close to GDP curves are roughly the same,the decline in the 2008-2009 indicators have different amplitude,the peak reached 2010-2012,in accordance with the deferred peaks and troughs,under a trough in 2017 is expected to near.In the index of the four factors,the weight of financial indicators of GDP accounted for a significant proportion of industrial resources allocation and weight equivalent in predicting the GDP trend,the economic situation changes,enterprises should first pay attention to the profit model,sales arrangements,timely adjustment of the economic wave period,profit model and the sales plan wave valley time.Also,should focus on resource allocation and output adjustment in the peak period,increasing the weight ofthe larger metal(precious metals and heavy metals)configuration and yield in the trough period appropriate to reduce the allocation and yield heavy metals,to adapt to the adjustment of the economic cycle.In the face of economic cycle change,the government should build a strategy of non-ferrous metal resources and create a good environment.Non-ferrous metal enterprises should allocate resources in multiple dimensions and predict the economic cycle ahead of time,and do well in early warning.The four dimensions of the research of nonferrous metal enterprises associated with the economic cycle,and advance warning of enterprise operations,but a lot of factors affect the economic cycle and business ability,this thesis attribution perspective is still not widely,but also to build a further analysis of the factors set,to be perfect.
Keywords/Search Tags:business cycle, nonferrous metal enterprises, correlation, analytic hierarchy process, early warning
PDF Full Text Request
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