Modeling Analysis of the Contribution of Digital Technology to Economic Quality Development
This paper first starts with the positive impact of digital technology on both industry and society levels and puts forward the hypothesis that digital technology has a facilitating effect on economic quality development. Secondly, the evaluation system of economic quality development is established...
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| Format: | Article |
| Language: | English |
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Sciendo
2024-01-01
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| Series: | Applied Mathematics and Nonlinear Sciences |
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| Online Access: | https://doi.org/10.2478/amns.2023.2.00644 |
| _version_ | 1797340724994244608 |
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| author | Pan Xiangyan |
| author_facet | Pan Xiangyan |
| author_sort | Pan Xiangyan |
| collection | DOAJ |
| description | This paper first starts with the positive impact of digital technology on both industry and society levels and puts forward the hypothesis that digital technology has a facilitating effect on economic quality development. Secondly, the evaluation system of economic quality development is established, and the BP neural network algorithm is used to synthesize each basic index in the evaluation index system. Then the basic measurement model is constructed based on the hypothesis, and the objective indicators are given weights by CRITIC-entropy combination weighting model and TOPSIS method. Finally, the hypotheses are analyzed empirically using benchmark regression while robustness tests are conducted. The study shows that for every 1 standard deviation increase in the digital development index, the logarithmic value of economic quality development will increase by 2.38%. |
| first_indexed | 2024-03-08T10:07:24Z |
| format | Article |
| id | doaj.art-12dbccf392ac448c81b9cd26549dbefe |
| institution | Directory Open Access Journal |
| issn | 2444-8656 |
| language | English |
| last_indexed | 2024-03-08T10:07:24Z |
| publishDate | 2024-01-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Applied Mathematics and Nonlinear Sciences |
| spelling | doaj.art-12dbccf392ac448c81b9cd26549dbefe2024-01-29T08:52:34ZengSciendoApplied Mathematics and Nonlinear Sciences2444-86562024-01-019110.2478/amns.2023.2.00644Modeling Analysis of the Contribution of Digital Technology to Economic Quality DevelopmentPan Xiangyan01Shunde Polytechnic, Foshan, Guangdong, 528300, China.This paper first starts with the positive impact of digital technology on both industry and society levels and puts forward the hypothesis that digital technology has a facilitating effect on economic quality development. Secondly, the evaluation system of economic quality development is established, and the BP neural network algorithm is used to synthesize each basic index in the evaluation index system. Then the basic measurement model is constructed based on the hypothesis, and the objective indicators are given weights by CRITIC-entropy combination weighting model and TOPSIS method. Finally, the hypotheses are analyzed empirically using benchmark regression while robustness tests are conducted. The study shows that for every 1 standard deviation increase in the digital development index, the logarithmic value of economic quality development will increase by 2.38%.https://doi.org/10.2478/amns.2023.2.00644digital technologyeconomic quality developmentbenchmark regression analysiscritic-entropy portfoliomodeling analysis91-02 |
| spellingShingle | Pan Xiangyan Modeling Analysis of the Contribution of Digital Technology to Economic Quality Development Applied Mathematics and Nonlinear Sciences digital technology economic quality development benchmark regression analysis critic-entropy portfolio modeling analysis 91-02 |
| title | Modeling Analysis of the Contribution of Digital Technology to Economic Quality Development |
| title_full | Modeling Analysis of the Contribution of Digital Technology to Economic Quality Development |
| title_fullStr | Modeling Analysis of the Contribution of Digital Technology to Economic Quality Development |
| title_full_unstemmed | Modeling Analysis of the Contribution of Digital Technology to Economic Quality Development |
| title_short | Modeling Analysis of the Contribution of Digital Technology to Economic Quality Development |
| title_sort | modeling analysis of the contribution of digital technology to economic quality development |
| topic | digital technology economic quality development benchmark regression analysis critic-entropy portfolio modeling analysis 91-02 |
| url | https://doi.org/10.2478/amns.2023.2.00644 |
| work_keys_str_mv | AT panxiangyan modelinganalysisofthecontributionofdigitaltechnologytoeconomicqualitydevelopment |