Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Evaluation on the Synergy Degree of Digital Finance and Regional Economic Development

Authors
Jiongcheng Lu1, *, Xiangding Hou2
1College of Business & Public Management, Wenzhou-Kean University, 325060, Wenzhou, China
2School of Accounting, Zhongnan University of Economics and Law, 430073, Wuhan, China
*Corresponding author: lujiongcheng0908@163.com
Corresponding Author
Jiongcheng Lu
Available Online 15 December 2021.
DOI
https://doi.org/10.2991/assehr.k.211209.552How to use a DOI?
Keywords
Digital financial index; Regional economy; Coordination degree; Order degree
Abstract

To measure the level of coordinated development of digital finance and regional economy, understand the development trend of digital finance and regional economy. Based on the synergistic effect of digital finance and regional economic development, the study selects the 4 order parameters of the regional digital finance subsystems reflecting the breadth of digital finance, the depth of digital finance, and the level of digitalization and 7 order parameters of the regional economic subsystems reflecting economic structure, total economic volume, and economic benefits. Thus, the study applies the order parameter method of system synergy measure to construct the synergy evaluation model of digital finance and regional economic development and adopt the model to Peking University Hewlett-Packard Financial Index and the coordinated development of the regional economy. As a result, the synergy of digital finance and regional economy in Beijing shows an M-shaped development trend of alternating increases and decreases. The overall level of synergy is at a low level.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
https://doi.org/10.2991/assehr.k.211209.552How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Jiongcheng Lu
AU  - Xiangding Hou
PY  - 2021
DA  - 2021/12/15
TI  - Evaluation on the Synergy Degree of Digital Finance and Regional Economic Development
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 3396
EP  - 3402
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.552
DO  - https://doi.org/10.2991/assehr.k.211209.552
ID  - Lu2021
ER  -