A study of multi-dimension business climate index approach and its application
by Guihuan Zheng, Jiawei Zhang, Ai Han, Shouyang Wang
International Journal of Society Systems Science (IJSSS), Vol. 2, No. 1, 2010

Abstract: This paper proposes a multi-dimension business climate index, which is constructed theoretically grounded on the FHLR method and involves the vector space approach and probability analysis of multi-dimension impact point for analysing the business climate index from the multi-dimension. The proposed index improves the celebrated leading indicator in that it considers the presence of multi-reference cycles due to the economic complexity. An empirical study based on the proposed index concerning Chinese multi-dimension business climate index provides valid results.

Online publication date: Fri, 05-Feb-2010

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