A new grey relational analysis model of cross-sequences

Abstract

Purpose The purpose of this paper is to explore a new approach to solve the problem of positive and negative offset in the calculation process of integral elements, then propose a series of new grey relational degree model for cross sequences. Design/methodology/approach The definitions of cross sequences and area elements have been proposed at first. Then the concept of difference degree between sequences has been put forward. Based on the definition of difference degree between sequences, various modified grey relational degree models for cross sequences have been proposed to solve the measurement problem of cross sequence correlation relationships. Findings (1) The new definition of cross sequences; (2) The area element; (3) Various modified grey relational degree models for cross sequences based on the definition of difference degree between sequences. Practical implications The grey relational analysis model of cross sequences is a difficult problem in grey relational analysis. The new model proposed in this article can effectively avoid the calculation deviation of grey relational analysis model for cross sequences, and reasonably measure the correlation between cross sequences. The new model was used to analyse the food consumer price index in Shaanxi Province, clarifying the relationship between different types of food consumer price indices, some interesting results that are not completely consistent with general economic theory were obtained. Originality/value The new definition of cross sequences, the area element and various modified grey relational degree models for cross sequences were proposed.

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