Analysis of Regional Economic Vitality Based on Panel Mode

Regional economic vitality is an important component of regional comprehensive competitiveness. First, through the analysis of regional economic theory and panel data, determine the key factors affecting regional economic vitality: technical level, labor, transportation, foreign economic trade and investment. A first-level panel evaluation model was established to study the influence of various factors on regional economic vitality. To ensure that macroeconomic policies are more effective and accurate, industrial policies will have an important impact on the adjustment of their economic structure. Therefore, carry out innovation, determine the secondary panel evaluation model, and analyze the role of industrial policy transition in regional economic vitality. Finally, we formulated some effective measures to improve regional competitiveness.