Abstract

In China, the choice of key industries (KI) is one of the most important issues for administrative authorities and is also an important topic in economics. In China, this task is carried out in two ways: one is on the basis of decision-maker's own experiences; the other is based on criteria raised by economics. Both methods are far from satisfactory. The author has used the simple analytical hierarchy process (AHP) created by Prof. Saaty (1987) to choose KI; therefore the shortcomings in the above-mentioned two methods are remedied. However, in the AHP model, the influences of the one-to-one input-output relationships between the industries on the choice of KI are not reflected adequately. In this paper, AHP models with inner dependent hierarchies, in which the dependent relationships between industries are considered, are built up to choose KI. The corresponding formulae are derived and the choice of Guangzhou KI is made by using these models. The calculated results, based on the models, have been approved and adopted by the Guanzhou municipal authorities. >

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.