Analysis and study of digital economy level measurement index

Purpose This study aims to assess the level of development of the digital economy by constructing a comprehensive measurement system. It explores regional differences within China’s digital economy, highlighting the varying degrees of digital infrastructure, industrialization, governance and innovation capabilities across provinces. Design/methodology/approach A multidimensional analytical framework including digital infrastructure, industrialization, digitization, governance and innovation was developed. Entropy methods were used to calculate the weights of each dimension. The coupled coordination degree model and the Tobit model with random effects panel are applied to analyze the current situation, discrepancies and influencing factors. Findings This study reveals significant regional differences in the development of China’s digital economy, characterized by a pattern of “strong in the east, weak in the west; high in the south, low in the north.” This geographical imbalance exacerbates the “polarization effect” and the “siphon effect,” where resources and growth tend to concentrate in already developed areas, further intensifying regional inequalities. The development of the digital economy is driven by principles of innovation, coordination and sharing, which facilitate the creation and dissemination of new technologies and collaboration across different sectors. However, this progress is also constrained by considerations of environmental sustainability (green) and economic openness. Originality/value This paper contributes to the body of knowledge by providing a novel multidimensional measurement system for the level of digital economy development. The unique application of the coupled coordination degree model and Tobit model to analyze regional differences and influencing factors provides insights into the dynamics of China’s digital economy.

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Institutions

Publication Details

Journal
Journal of Internet and Digital Economics
Published
2024-10-16
DOI
https://doi.org/10.1108/jide-05-2024-0020
Citations
11
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
5.81

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article

Analysis and study of digital economy level measurement index

Hongchang He, Xiaodong Nie, Zirui He
11 citations
Journal of Internet and Digital Economics
Big Data and Business Intelligence
5.81
article

Analysis and study of digital economy level measurement index

Hongchang He, Xiaodong Nie, Zirui He
article en
11 citations

Abstract

Purpose This study aims to assess the level of development of the digital economy by constructing a comprehensive measurement system. It explores regional differences within China’s digital economy, highlighting the varying degrees of digital infrastructure, industrialization, governance and innovation capabilities across provinces. Design/methodology/approach A multidimensional analytical framework including digital infrastructure, industrialization, digitization, governance and innovation was developed. Entropy methods were used to calculate the weights of each dimension. The coupled coordination degree model and the Tobit model with random effects panel are applied to analyze the current situation, discrepancies and influencing factors. Findings This study reveals significant regional differences in the development of China’s digital economy, characterized by a pattern of “strong in the east, weak in the west; high in the south, low in the north.” This geographical imbalance exacerbates the “polarization effect” and the “siphon effect,” where resources and growth tend to concentrate in already developed areas, further intensifying regional inequalities. The development of the digital economy is driven by principles of innovation, coordination and sharing, which facilitate the creation and dissemination of new technologies and collaboration across different sectors. However, this progress is also constrained by considerations of environmental sustainability (green) and economic openness. Originality/value This paper contributes to the body of knowledge by providing a novel multidimensional measurement system for the level of digital economy development. The unique application of the coupled coordination degree model and Tobit model to analyze regional differences and influencing factors provides insights into the dynamics of China’s digital economy.

Journal of Internet and Digital EconomicsVol. 4(3)
Guangdong University of Technology (CN), Guangdong University Of Finances and Economics (CN)
Guangdong University of Technology
Openalex Percentile: Top 4%
Big Data and Business Intelligence
5.81
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