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The Research of Coupling Coordination Mechanism for Digital Economic Development Environment and Inclusive Finance and Regional Economic Innovation Capability

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DOI: 10.23977/accaf.2024.050208 | Downloads: 2 | Views: 71

Author(s)

Zhenhan Chen 1, Jiaru Wang 2

Affiliation(s)

1 School of Economics, Xinjiang University of Finance and Economics, Urumqi, 830000, China
2 School of Applied Mathematics, Shanxi University of Finance and Economics, Taiyuan, 030000, China

Corresponding Author

Zhenhan Chen

ABSTRACT

Exploring the coupling coordination mechanism of regional economic innovation, digital economic development environment and inclusive finance is of great significance to promote the overall and sustainable development of economy. Based on provincial data from 2013-2020, the study used an entropy weight-based composite index method to measure regional economic innovation ability, digital development level, and inclusive finance synthesis level, respectively. The time difference between regions was also studied based on discrete coefficients, variability factors, and Theil index. Then, the coupling coordination degree between the three systems is measured by the coupling coordination degree model, and the influence degree of all indexes in the three subsystems on the coupling coordination degree is obtained by using the random forest model. The empirical results show that: First of all, in terms of the digital economy development environment and inclusive finance, the development gap between different regions is gradually narrowing over time, but the difference level of regional economic innovation ability still fluctuates. Secondly, the coupling and coordination between the three systems in each region have been consistently enhancing annually, with a decreasing trend in regional disparities. In addition, the input of R&D personnel and R&D funds has a great impact on the coupling and coordination between the three systems.  Finally, based on the above conclusions and from the perspective of high-quality economic development, this paper puts forward relevant policy recommendations.

KEYWORDS

Digital Economic Development environment, Digital Economic Development environment, Inclusive Finance, Comprehensive Measurement, Coupling and Coordination

CITE THIS PAPER

Zhenhan Chen, Jiaru Wang, The Research of Coupling Coordination Mechanism for Digital Economic Development Environment and Inclusive Finance and Regional Economic Innovation Capability. Accounting, Auditing and Finance (2024) Vol. 5: 49-59. DOI: http://dx.doi.org/10.23977/accaf.2024.050208.

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