Evaluation the Development of China's Regional Logistics Industry Using Cluster Principal Component Analysis and Entropy Weight Method

Abstract

The analysis and evaluation of the development of logistics industry plays an important role in a country's economic development. However, previous studies in constructing evaluation models still need to be improved. Therefore, this study uses clustering principal component analysis and entropy weight method to construct logistics industry model based on and evaluates regional logistics industry of China. And the empirical results show that (1) logistics industry of Guangdong Province ranks in the first; (2) the comprehensive development level of logistics industry of eastern region is stronger than that of western region and central region. Finally, some suggestions are provided to promote the rapid development of regional logistics industry of China.