The establishment of human all-around development evaluation indicators system based on correlation-principle component analysis.

According to the meaning of scientific development: insisting on human-oriented, comprehensive, coordinated and sustainable development, this paper chooses human all-around development evaluation indicators extensively from four guidelines which include the economics, society, the quality of life, the quality of human. Based on the principle that indicators should be observable, this paper screens the initial indicators, after that, it uses correlation analysis together with principle component analysis to screen the indicators, and at last establishes the evaluation indicators system of human all-around development. The special and contributions of this paper lie on five aspects: firstly, it uses correlation analysis to screen the indicators, deleting the indicators with high correlation coefficient to ensure the indicators cover comprehensive information and not repeat. Secondly, it uses principle component analysis to delete indicators which have no significant impact on evaluation results. Thirdly, the study result reveals that final indicators system uses 17% of initial indicators to reflect 99% of original information. Fourthly, it uses indicators such as Per capita GDP, Gross National Happiness and Gini Coefficient to reflect the human-orientation and the meaning of and the characterized by comprehensive, coordinated and sustainable development. Fifthly, the indicators system through quantitative screening based on authorities' typical and high-frequency indicators have double information of experts' knowledge and objective reality. [ABSTRACT FROM AUTHOR]