Author:
Xu Mingshen,Jiang Runji,Wang Zihan
Abstract
Regarding the issue of Olympic Games hosting strategy, first, the entropy weight method and grey correlation analysis are used to construct the overall model. Secondly, the CGE model is used to comprehensively analyze the impacts of the two Olympic policies on production, national income, and national trade by considering land, income, and trade. Thirdly, the Transformer algorithm is used to make predictions to avoid the limitations of the CGE model. Finally, the predicted growth rates of Olympic tourism and GDP for the next year are used to comprehensively evaluate the two strategies of hosting the Olympics by season and by a fixed location. The study concludes that, based on the comprehensive impact of land, income, trade, and tourism, the weights for these factors are 0.26, 0.24, 0.24, and 0.26, respectively. Meanwhile, the comprehensive scores for hosting the Olympics by season and by a fixed location are 1.3569 and 1.2414, respectively.
Publisher
Darcy & Roy Press Co. Ltd.
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