Research on the Relationship between Business Cycle and Industrial Fluctuations in Northeast China Based on Complete Ensemble Empirical Mode Decomposition with Adaptive Noise

Table 5

Correlation between industrial and economic cycle components of Liaoning Province.

Industrial	Industrial component	Economic component
		Political economic cycle	Juglar cycle	Kuznets cycle
Primary industry	Kitchin cycle	0.16	0.27	−0.04
	Political economic cycle	0.12	−0.50	0.03
	Juglar cycle	−0.02	−0.27	0.14
	Kuznets cycle	−0.13	0.01	0.91
Secondary industry	Kitchin cycle	0.90	0.26	−0.07
	Juglar cycle	0.13	0.98	0.18
	Kuznets cycle	−0.08	0.11	0.96
	Kondratiev cycle	−0.11	0.04	0.48
Tertiary industry	Kitchin cycle	0.13	0.28	0.00
	Juglar cycle	0.11	0.12	0.24
	Kuznets cycle	0.12	0.38	0.35
	Kuznets cycle	0.01	0.10	0.59

Note. Asterisks mean that the figure is statistically significant; , , and indicate  < 0.1,  < 0.05, and  < 0.1, respectively.