The Digital Economy and Real Economy: The Dynamic Interaction Effect and the Coupling Coordination Degree DOI Open Access
Zhaozhi Wang, Shoufu Lin, Yang Chen

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(13), P. 5769 - 5769

Published: July 6, 2024

This article aims to analyze the interplay between digital economy (DE) and real (RE), examining how they impact each other in terms of empowerment supply effects. The study object is China from 2011 2021. applies panel vector autoregressive model (PVAR). study’s findings underscore a delayed effect within DE. While DE growth has potential substantially enhance future overall expansion tangible economy, it might concurrently dampen short-term structural balance latter. However, RE mode exhibits similar delay. time-lagged factors relating economy’s total fine-tuning play pivotal role fostering progress Self-enhancement mechanisms significantly influence economy. this mechanism does not have same significance regard enhancing coordination. Although can catalyze refinement, inverse relationship—where enhancement profoundly fuels economic growth—does hold true substantial extent. By assessing degree coupling coordination becomes apparent that these two domains are tightly integrated. Instead, exist fundamentally coordinated state, with year-on-year upwards trend their alignment, albeit at modest pace. Furthermore, displays progressively diminishing southeastern coastal regions western interior, revealing pronounced spatial imbalance. contribution paper lies its comprehensive theoretical framework empirical research integration energy addressing sustainable development, regional disparities, practical policy implications support strategies for blending advancement renewable utilization.

Language: Английский

The Digital Economy and Real Economy: The Dynamic Interaction Effect and the Coupling Coordination Degree DOI Open Access
Zhaozhi Wang, Shoufu Lin, Yang Chen

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(13), P. 5769 - 5769

Published: July 6, 2024

This article aims to analyze the interplay between digital economy (DE) and real (RE), examining how they impact each other in terms of empowerment supply effects. The study object is China from 2011 2021. applies panel vector autoregressive model (PVAR). study’s findings underscore a delayed effect within DE. While DE growth has potential substantially enhance future overall expansion tangible economy, it might concurrently dampen short-term structural balance latter. However, RE mode exhibits similar delay. time-lagged factors relating economy’s total fine-tuning play pivotal role fostering progress Self-enhancement mechanisms significantly influence economy. this mechanism does not have same significance regard enhancing coordination. Although can catalyze refinement, inverse relationship—where enhancement profoundly fuels economic growth—does hold true substantial extent. By assessing degree coupling coordination becomes apparent that these two domains are tightly integrated. Instead, exist fundamentally coordinated state, with year-on-year upwards trend their alignment, albeit at modest pace. Furthermore, displays progressively diminishing southeastern coastal regions western interior, revealing pronounced spatial imbalance. contribution paper lies its comprehensive theoretical framework empirical research integration energy addressing sustainable development, regional disparities, practical policy implications support strategies for blending advancement renewable utilization.

Language: Английский

Citations

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