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Web of Proceedings - Francis Academic Press

Research on Applications of Data Science in Macroeconomics

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DOI: 10.25236/ssehr.2018.066

Author(s)

Jingru Sun

Corresponding Author

Jingru Sun

Abstract

Undoubtedly, it is meaningful to study China's macroeconomic system. It can not only analyze the advantages and disadvantages of the economic construction in the present region, but also provide a reference for formulating the future economic development strategy. In this paper, thirty provinces in China were selected to analyze the efficiency of Chinese macroeconomy based on BCC model of DEA. The results show that PTE is relatively high and SE is low. It is required to maintain PTE and enhance SE by the means of the development of science and technology and the expansion of investment.

Keywords

Data Science, Macroeconomics, Statistics