Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model
By constructing an endogenous growth model, this paper reveals the inner path of its development based on the rural cultural and creative economy. Secondly, by rationally allocating social resources and combining physical capital and cultural and creative capital, the inter-period optimization of co...
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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 |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/amns.2023.2.01035 |
| _version_ | 1797340627184123904 |
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| author | Wang Xiaona |
| author_facet | Wang Xiaona |
| author_sort | Wang Xiaona |
| collection | DOAJ |
| description | By constructing an endogenous growth model, this paper reveals the inner path of its development based on the rural cultural and creative economy. Secondly, by rationally allocating social resources and combining physical capital and cultural and creative capital, the inter-period optimization of consumption utility can be realized to the greatest extent. Finally, the endogenous economic growth model analyzes the economic effects of GDP and the H-village cultural creative tourism model in Guizhou Province. The results show that the correlation coefficient of the endogenous growth model of rural cultural creativity and economic development is R=0.979. The goodness of fit is R2 = 0.967, and the adjusted goodness of fit is R2 = 0.983, which indicates that the degree of proximity of the fitted equations to reality is extremely high. This paper provides the theoretical basis and practical guidance for developing a rural cultural and creative economy, which is of great significance for promoting the sustainable development of the regional economy. |
| first_indexed | 2024-03-08T10:05:51Z |
| format | Article |
| id | doaj.art-96f47c900b5247ca866c236d4cc2bbfe |
| institution | Directory Open Access Journal |
| issn | 2444-8656 |
| language | English |
| last_indexed | 2024-03-08T10:05:51Z |
| publishDate | 2024-01-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Applied Mathematics and Nonlinear Sciences |
| spelling | doaj.art-96f47c900b5247ca866c236d4cc2bbfe2024-01-29T08:52:38ZengSciendoApplied Mathematics and Nonlinear Sciences2444-86562024-01-019110.2478/amns.2023.2.01035Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth modelWang Xiaona01School of Business, Henan Institute of Economics and Trade, Zhengzhou, Henan, 450046, China.By constructing an endogenous growth model, this paper reveals the inner path of its development based on the rural cultural and creative economy. Secondly, by rationally allocating social resources and combining physical capital and cultural and creative capital, the inter-period optimization of consumption utility can be realized to the greatest extent. Finally, the endogenous economic growth model analyzes the economic effects of GDP and the H-village cultural creative tourism model in Guizhou Province. The results show that the correlation coefficient of the endogenous growth model of rural cultural creativity and economic development is R=0.979. The goodness of fit is R2 = 0.967, and the adjusted goodness of fit is R2 = 0.983, which indicates that the degree of proximity of the fitted equations to reality is extremely high. This paper provides the theoretical basis and practical guidance for developing a rural cultural and creative economy, which is of great significance for promoting the sustainable development of the regional economy.https://doi.org/10.2478/amns.2023.2.01035rural cultureendogenous growth modelconsumption utilityeconomic effectscreative tourism model68t05 |
| spellingShingle | Wang Xiaona Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model Applied Mathematics and Nonlinear Sciences rural culture endogenous growth model consumption utility economic effects creative tourism model 68t05 |
| title | Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model |
| title_full | Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model |
| title_fullStr | Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model |
| title_full_unstemmed | Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model |
| title_short | Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model |
| title_sort | theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model |
| topic | rural culture endogenous growth model consumption utility economic effects creative tourism model 68t05 |
| url | https://doi.org/10.2478/amns.2023.2.01035 |
| work_keys_str_mv | AT wangxiaona theoryandmodeloptimisationofruralcreativeeconomydevelopmentinlessdevelopedregionsbasedonendogenousgrowthmodel |