Empirical Analysis of Liaoning Provincial Rural Economic Growth Influential Factors Based on Ridge Regression

Haijun Xie, Yinli Zhai


Taking Liaoning Province as an example, this article analyzes quantificationally rural economic growth influential factors by the ridge regression technology and the standard SPSS statistical software, and the result indicates the key factors of Liaoning rural economic development rest with investment, consumption and foreign trade, and we advise Liaoning Province should extend educational investments, enhance the quality of human resource and expedite steps of industrial structure updating and independent innovation to ensure sustainable quick development of Liaoning Provincial rural economy and complete vitalization of the old industrial base.

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DOI: https://doi.org/10.5539/ass.v4n4p93

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