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     Advance Journal of Food Science and Technology


Correlation Analysis between Chinese Agricultural Price and Food Price Based on Grey Relational Analysis

Huang Xiao-Zhou
School of Statistics, Hubei University Economics, Wuhan, Hubei Province, 430205, China
Advance Journal of Food Science and Technology  2016  1:73-76
http://dx.doi.org/10.19026/ajfst.10.1755  |  © The Author(s) 2016
Received: May ‎3, ‎2015  |  Accepted: May ‎10, ‎2015  |  Published: January 05, 2016

Abstract

In order to analyze the correlation characteristics between the Chinese agriculture price and food price, the grey relational analysis is applied in it. Firstly, the basic situation of agricultural price and food price is discussed. Secondly, the basic theory of grey relational analysis is studied and the corresponding algorithm is designed. Thirdly, the food price index and seven agricultural price indexes are used as the analysis variables and the corresponding correlation analysis is carried out based on grey relation analysis and results show the relationship between food price and other agricultural prices.

Keywords:

Agriculture price, food price, grey relational analysis,


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Competing interests

The authors have no competing interests.

Open Access Policy

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Copyright

The authors have no competing interests.

ISSN (Online):  2042-4876
ISSN (Print):   2042-4868
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