Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/320046 
Year of Publication: 
2019
Citation: 
[Journal:] Marine Economics and Management (MAEM) [ISSN:] 2516-158X [Volume:] 2 [Issue:] 2 [Year:] 2019 [Pages:] 87-113
Publisher: 
Emerald, Leeds
Abstract: 
Purpose - Research on grey systems is becoming more sophisticated, and grey relational and prediction analyses are receiving close review worldwide. Particularly, the application of grey systems in marine economics is gaining importance. The purpose of this paper is to summarize and review literature on grey models, providing new directions in their application in the marine economy. Design/methodology/approach - This paper organized seminal studies on grey systems published by Chinese core journal database - CNKI, Web of Science and Elsevier from 1982 to 2018. After searching the aforementioned database for the said duration, the authors used the CiteSpace visualization tools to analyze them. Findings - The authors sorted the studies according to their countries/regions, institutions, keywords and categories using the CiteSpace tool; analyzed current research characteristics on grey models; and discussed their possible applications in marine businesses, economy, scientific research and education, marine environment and disasters. Finally, the authors pointed out the development trend of grey models. Originality/value - Although researches are combining grey theory with fractals, neural networks, fuzzy theory and other methods, the applications, in terms of scope, have still not met the demand. With the increasingly in-depth research in marine economics and management, international marine economic research has entered a new period of development. Grey theory will certainly attract scholars' attention, and its role in marine economy and management will gain considerable significance.
Subjects: 
Grey system theory
CiteSpace
Grey forecasting and relational models
Marine economy
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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