Evaluating the Development Level of Digital Economies Using the Topsis Comprehensive Assessment Approach

-- A Case Study of China's Provincial Regions

Authors

  • Yanlin Liu

DOI:

https://doi.org/10.62051/apcbrq38

Keywords:

Digital Economy; Influencing Factors; Topsis Comprehensive Evaluation Method; Analytic Hierarchy Process.

Abstract

The digital economy, as a pivotal engine of global economic advancement, reached a valuation of 50.2 trillion yuan in China in 2022, making up 41.5% of the GDP. This research established an evaluative framework for digital economy progress featuring 1 primary indicator, 4 secondary indicators, and 17 tertiary indicators. Weights were assigned using the Analytic Hierarchy Process, and the development of the digital economy across China's 31 provincial regions in 2022 was assessed through the Topsis comprehensive assessment method. The findings indicate that Guangdong is at the forefront of digital economy development, whereas Qinghai remains relatively underdeveloped. Drawing on these observations, the paper proposes targeted policy measures aimed at encouraging equitable growth of the digital economy and inclusive regional economic development.

Downloads

Download data is not yet available.

References

The State Council of the People’s Republic of China.China's digital economy grew to 50.2 trillion yuan in 2022[EB/OL]. [2023-04-28]. https://www.gov.cn/yaowen/2023-04/28/content_ 57535 61. htm.

CAICT.Research Report on the Development Index of China's Digital Economy (2023)[EB/OL]. [2023-04-27].https://13115299.s21i.faiusr.com/61/1/ABUIABA9GAAg1c2ypwYotKiqzQQ.pdf.

Lin B, Tang J, Zhong Y, Dai C, Lu B. Spatial effect of digital economy on the coordinated development of Port cities [J]. Research in Transportation Economics, 2024.

Okpalaoka C. Research on the digital economy: Developing trends and future directions [J]. Technol Forecast Soc Change, 2023.

European Commission. Digital Economy and Society Index 2021: overall progress in digital transition but need for new EU-wide efforts [EB/OL]. [2021-11-12]. https: //ec. europa.eu/ commission/ presscorner/ api/files/ document/ print/ en/ip_21_5481/IP_21_5481_EN.pdf

OECD. OECD Digital Economy Outlook 2020 [EB/OL]. [2020-06-10]. https://www.oecd.org/digital/oecd-digital-economy-outlook-2020-bb167041-en.htm.

Ge W, Qi J, Xu H. Empirical Analysis of the Digital Economy Efficiency in Central China Based on DEA-Malmquist Model[J]. Science Technology and Industry,2020,20(09):68-73.

Liu J, Yang Y, Zhang S. Research on the Measurement and Driving Factors of China's Digital Economy[J]. Shanghai Journal of Economics,2020(06):81-96.

Wang B, Tian J, Cheng L, et al. Spatial Differentiation of Digital Economy and Its Influencing Factors in China[J]. Scientia Geographica Sinica,2018,38(06):859-868.

Yang X, Liu L, Zhang C. Measurement and Improvement Research on the Development Level of Digital Economy in Shenyang[J]. Co-operative Economy & Science,2024(05):21-23.

Xu Y, Li T. Measuring digital economy in China [J]. Natl Account Rev, 2022, 4(3): 251-272.

Shi Y, Gao Y, Luo Y, Hu J. Fusions of industrialisation and digitalisation (FID) in the digital economy: Industrial system digitalisation, digital technology industrialisation, and beyond [J]. J Digit Econ, 2022, 1(1):73-88.

Javaid M, Haleem A, Singh RP, Sinha AK. Digital economy to improve the culture of industry 4.0: A study on features, implementation and challenges [J]. Green Technol Sustain, 2024.

Wang J, Zhu J, Luo Q. Research on the Measurement of China's Digital Economy Development and the Characteristics[J]. Journal of Quantitative & Technological Economics,2021,38(07):26-42.

Wu X, Zhang Y. An analysis of the status quo and international competitiveness of China's digital economy[J]. Science Research Management, 2020,41(05): 250-258.

Chen C, Xu W, Lan Z, et al.A Study on the Internal and External Environment of China's Development in the 14th Five-Year Plan Period[J]. Journal of Management World,2020,36(10):15.

Ministry of Commerce of the People's Republic of China. Digital China Development Report (2022) [EB/OL]. [2023-05-24]. https://www.cac.gov.cn/2023-05/22/c_1686402318492248.htm.

Jiangsu Provincial People’s Government News Office. Riding the Digital Wave! 2022 Digital Jiangsu Construction "Report Card" Released [EB/OL]. [2023-10-24]. http://jiangsu.people.com.cn/n2/2023/1024/c202262-34489597. html.

Zhejiang Provincial Bureau of Statistics, Economy and Information Technology Department of Zhejiang. Digital Empowerment Fully Advances Rapid Development of Zhejiang's Digital Economy [EB/OL]. [2021-12-21]. http://www.zjstats. gov.cn/tjxx/ 202112/ t20211221_ 10512999.htm.

Anhui News. Creating a New Highland for Digital Economy Development [EB/OL]. [2021-09-07]. http:// www. ahwangshi.com/2021-09/07/c_1376208.htm.

The Paper. GDPGDP Makes Historic Entry into Top Ten, Why is Anhui Developing So Rapidly? [EB/OL]. [2022-11-26]. https://www.thepaper.cn/newsDetail_forward_48295243.

Fujian Provincial Government. Promoting Deep Integration of Digital Technology and Real Economy to Create a New Highland for Digital Industry Development in Our Province [EB/OL]. [2023-11-14]. http://www.fujian. gov. cn/ xxgk/ gzdt/202311/t20231114_5234901.htm.

Liaoning Provincial Government. Several Measures to Accelerate the Development of Core Industries in Liaoning's Digital Economy [EB/OL]. [2022-12-12]. http://www.ln.gov.cn/2022-12/12/c_1333875273.htm.

General Office of the People's Government of Gansu Province. Gansu Province's 14th Five-Year Plan for Innovative Development of the Digital Economy [EB/OL]. [2021-09-21]. https:// www. gansu. gov.cn/gsszf/c100055/ 202109/ 1829631.shtml.

Department of Industry and Information Technology of Shanxi Province. Notice on Issuing the "2022 Action Plan for Leading the Development and Growth of the Digital Economy with 5G" [EB/OL]. [2022-02-23]. https:// gxt. shanxi. gov.cn/zcwj/wjfb/202203/t20220301_5177855.shtml.

Downloads

Published

05-06-2024

How to Cite

Liu, Y. (2024). Evaluating the Development Level of Digital Economies Using the Topsis Comprehensive Assessment Approach: -- A Case Study of China’s Provincial Regions. Transactions on Economics, Business and Management Research, 7, 323-332. https://doi.org/10.62051/apcbrq38