Research on the Prediction and Mechanism of Exhibition Scale Based on Grey Prediction
Publication: ICCREM 2022
ABSTRACT
As urban development shifts from quantitative expansion to stock-based construction, the convention and exhibition industry, as a comprehensive integration of the real estate industry and modern service industry, has a great pulling effect on the industrial economy, so its scale prediction is very necessary. By exploring the mechanism of the exhibition industry’s effect on economic operation, this paper draws a logical framework for the synergistic combination of the two, and selects 10 main indicators that affect the demand for exhibitions. After screening the indicators using grey correlation, the scale of exhibitions in China from 2011 to 2020 was simulated based on the GM (1, N) model, and its prediction accuracy was better than AIRMA and GM-RBF models. And use it to predict the scale of exhibitions during the 14th Five-Year Plan. Finally, the above results are applied to the strategic choice of government layout and enterprise development.
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Published online: Dec 15, 2022
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