scholarly journals E-Government Development & Digital Economy: Relationship

2020 ◽  
Vol 6 (1) ◽  
pp. 39-54
Author(s):  
Mohammad Gias Uddin ◽  
Mohin Uddin
Keyword(s):  
Economic System ◽  
Financial System ◽  
Demographic Variables ◽  
Digital Economy ◽  
High Quality ◽  
Digital Infrastructure ◽  
Sample Information ◽  
The Look ◽  
The Impact ◽  
Government Development

The main objective of this examine is to explore the elements that influencing the digital economic system and E-government courting. Commonly, the examiner is to analyze the impact of demographic variables are gender and schooling stage; as well as digital infrastructure, virtual readiness, virtual content material, and offerings on the digital economy in Malaysia. A minimum overall of 384 questionnaires could be disbursed to the goal respondents to collect the sample information. Four hypotheses helping to the developed to survey the particular targets of the examiner. Demographic variables expected to have a high-quality enormous relationship with the virtual financial system. Last however now not least, the findings of the look at shall offer statistics to E-government to understand what factors will affect the virtual economic system. Except, it shall additionally provide useful information for E-government to higher fit their people’s needs. The elements decided to boom high-quality dating among E-government and virtual financial system in Malaysia.

scholarly journals Financial system and growth and economic development

VUZF Review ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 160-170
Author(s):  
Małgorzata Hala
Keyword(s):  
Economic Growth ◽  
Economic System ◽  
Financial Institutions ◽  
Financial System ◽  
Financial Sector ◽  
Real Sector ◽  
The Real ◽  
State And Local ◽  
The Impact

The aim of the article is to present the role of the financial system in economic growth and development. The first part presents the traditional understanding of the relationship between the economic system and economic growth. The second part presents the experience of financial crises and their impact on the conversation on the mutual relations between the financial sector and the real sector. The third part shows the role of the state in the financial system. The article describes the arrangement of interrelated financial institutions, financial markets and elements of the financial system infrastructure.  It shows what part of the economic system the financial system is, and whether it enables the provision of services allowing the circulation of purchasing power throughout the economy. The article presents the important role of the financial system, the role related to the transfer of capital from entities with savings to entities that need capital for investments. It shows the financial system as a set of logically related organizational forms, legal acts, financial institutions and other elements enabling entities to establish financial relations in the real sector and the financial sector, and this system forms the basis of activity for entities using money, enabling the conclusion of various economic transactions, in which money performs various functions. The article also presents the concept of a financial crisis as a situation in which there are rapid changes in the financial market, usually associated with insufficient liquidity or insolvency of banks or financial institutions, and as a result, a decrease in production or its deepening. The article also includes issues related to the impact of public authorities (state and local authorities) on the financial system in the economy.

scholarly journals Study on the effect of digital economy on high-quality economic development in China

PLoS ONE ◽  
2021 ◽  
Vol 16 (9) ◽  
pp. e0257365
Author(s):  
Wei Zhang ◽  
Siqi Zhao ◽  
Xiaoyu Wan ◽  
Yuan Yao
Keyword(s):  
Economic Development ◽  
Technological Progress ◽  
Digital Economy ◽  
Mediating Effect ◽  
Eastern Region ◽  
Factor Productivity ◽  
High Quality ◽  
Digital Infrastructure ◽  
Digital Integration ◽  
Development Level

At present, the digital economy, which takes information technology and data as the key elements, is booming and has become an important force in promoting the economic growth of various countries. In order to explore the current dynamic trend of China’s digital economy development and the impact of the digital economy on the high-quality economic development, this paper measures the digital economic development index of 30 cities in China from the three dimensions of digital infrastructure, digital industry, and digital integration, uses panel data of 30 cities in China from 2015 to 2019 to construct an econometric model for empirical analysis, and verifies the mediating effect of technological progress between the digital economy and high-quality economic development. The results show that (1) The development level of China’s digital economy is increasing year by year, that the growth of digital infrastructure is obvious, and that the development of the digital industry is relatively slow. (2) Digital infrastructure, digital industry and digital integration all have significant positive effects on regional total factor productivity, and the influence coefficients are 0.2452, 0.0773 and 0.3458 respectively. (3) Regarding the transmission mechanism from the digital economy to the high-quality economic development, the study finds that the mediating effect of technological progress is 0.1527, of which the mediating effect of technological progress in the eastern, northeast, central and western regions is 1.70%, 9.25%, 28.89% and 21.22% respectively. (4) From the perspective of spatial distribution, the development level of the digital economy in the eastern region is much higher than that in other non-eastern regions, and the development of digital economy in the eastern region has a higher marginal contribution rate to the improvement of the total factor productivity. This study can provide a theoretical basis and practical support for the government to formulate policies for the development of the digital economy.

scholarly journals The influence of digital economy on the upgrading of industrial structure

2021 ◽  
Vol 275 ◽  
pp. 01047
Author(s):  
Siyu Liu
Keyword(s):  
Industrial Structure ◽  
Empirical Test ◽  
Digital Economy ◽  
Practical Significance ◽  
Entropy Weight ◽  
High Quality ◽  
Starting Point ◽  
Entropy Weight Method ◽  
Weight Method ◽  
The Impact

Digital economy is an important starting point for China’s high-quality economic development, which may have an impact on the level of industrial structure. This paper calculates the development level of digital economy by entropy weight method, selects the relevant data of 31 provinces and cities in China from 2012 to 2019, and uses the method of empirical test to analyze the impact of the development of digital economy on the upgrading of China’s industrial structure. The result shows that the development of digital economy can promote the upgrading of China’s overall industrial structure, which is significant at the level of 1%. Further research shows that the development of digital economy has regional heterogeneity on the upgrading of industrial structure in the eastern, central and western regions of China. The research of this paper has important practical significance for the high-quality development of China’s economy.

scholarly journals Threshold Effect of Financial System on High-Quality Economic Development

2022 ◽  
Vol 2022 ◽  
pp. 1-14
Author(s):  
Lu Shen ◽  
Guohua He
Keyword(s):  
Economic Development ◽  
Industrial Structure ◽  
Positive Impact ◽  
Threshold Model ◽  
Financial System ◽  
Threshold Effect ◽  
High Quality ◽  
Optimal Interval ◽  
Development Level ◽  
The Impact

The relationship between financial system and economic development is not a simple linear relationship. In some cases, the development of finance may not improve the economic development level. This paper studies the influence of the financial system on the high-quality economic development, constructs the comprehensive index of the financial system by the factor analysis method, and calculates the green total factor productivity as the index of high-quality economic development by the CRS multiplier model. Empirically, this paper takes the panel data of 30 provinces, municipalities, and autonomous regions in China from 2005 to 2018 as samples, constructs the panel threshold model, and applies the financial system, economic development level, infrastructure, and industrial structure as threshold variables to study the nonlinear relationship between the financial system and high-quality economic development. The results demonstrate that the impact of the financial system on the high-quality economy presents an inverted U-shaped relationship when the financial system and industrial structure are the threshold variables, indicating that there is an optimal interval, that is, when the financial system threshold is between 0.1355 and 0.1377 and the industrial structure threshold is between 0.1364 and 0.1408, the financial system plays a greater role in the allocation of funds and has the most obvious positive impact on high-quality economic development. Meanwhile, the impact of the financial system on the high-quality shows a marginal decreasing trend when the economic development level and infrastructure are the threshold variables; when the economic development threshold is less than 0.1409 and the basic setting threshold is less than 0.1167, the financial system has the greatest effect on promoting high-quality economic development. Based on the research results, targeted policy suggestions are put forward.

scholarly journals An empirical study on the impact of digital economy development on the upgrading and optimization of industrial structure

2021 ◽  
Vol 275 ◽  
pp. 01046
Author(s):  
Chao Zhang
Keyword(s):  
Kinetic Energy ◽  
Empirical Study ◽  
Driving Force ◽  
Industrial Structure ◽  
Digital Economy ◽  
Real Economy ◽  
High Quality ◽  
Countermeasures And Suggestions ◽  
Optimization And Upgrading ◽  
The Impact

As an important driving force and new kinetic energy, digital economy is promoting the development of economy in the direction of high quality, and brings new opportunities and challenges to the development of real economy and the upgrading and optimization of industrial structure. Therefore, this paper measures the digital economy from the two aspects of “digital industrialization” and “industrial digitization”, and selects the data of 30 provinces and cities from 2012 to 2019 to empirically study its impact on the upgrading and optimization of China’s industrial structure. Through the research, it is found that digital economy can indeed improve the level of upgrading and optimization of industrial structure. At the same time, further analysis shows that the degree and mechanism of improving the level of eastern, central and western regions will be different according to different regions. Finally, according to the research results, this paper puts forward some countermeasures and suggestions to promote the development of digital economy and the optimization and upgrading of industrial structure in China.

scholarly journals Evaluation of Key Factor of Digital Economy in European Union

2021 ◽  
Vol 18 (2) ◽  
pp. 41-50
Author(s):  
Ugnius Jakubelskas
Keyword(s):  
European Union ◽  
Digital Technologies ◽  
Digital Economy ◽  
The Internet ◽  
Panel Regression ◽  
High Quality ◽  
Steady Growth ◽  
Digital Infrastructure ◽  
Key Factor ◽  
Quality Infrastructure

Abstract Research purpose. This article presents insights on the concept and key factors of the digital economy based on a literature review. The article focuses on the identification of the factors of the digital economy and evaluation of their importance in terms of the European Union countries. The aim of the article is to determine the factors of the digital economy and evaluate their importance. Design / Methodology / Approach. Panel regression analysis was used to evaluate which indicator of selected digital economy indicators is the most important. Panel regression was chosen to have an overall view of all European Union as one unit. Findings. Digital technologies are radically changing the way society, business or the whole economy operates. The survey of this article reveals that the high-quality infrastructure of the internet plays an essential role in the digital economy. In order to create value and improve the ICT sector performance in the whole economy, high-quality infrastructure in terms of the internet is needed. Only fast and high-stability connection ensures needed infrastructure and development in the digital economy. Business and government should invest in high-quality internet infrastructure to ensure the steady growth of the digital economy. To take full advantage of digital infrastructure and the digital economy, individuals should use it daily. Daily usage of the internet has a positive effect on the percentage for the ICT sector in GDP regardless of activities on the internet. Originality / Value / Practical implications. Definition of the digital economy was suggested: the digital economy is considered to be all economic activities that include using or creating digital technologies to generate value-added of digital enablers and development of digital infrastructure, which is the key factor of the digital economy. High quality and available for everyone internet access is crucial for steady growth and the best performance of the digital economy. This study has several practical contributions. This survey may serve as a guide for understanding the concept and the factors of the digital economy for other researchers. We also propose a potential explanation why countries should invest in high technology infrastructure, and these results can help to create a new strategy for ICT sector expansion in different countries.

scholarly journals Digital Economy, Technological Innovation and High-Quality Economic Development: Based on Spatial Effect and Mediation Effect

2021 ◽  
Vol 14 (1) ◽  
pp. 216
Author(s):  
Chenhui Ding ◽  
Chao Liu ◽  
Chuiyong Zheng ◽  
Feng Li
Keyword(s):  
Economic Development ◽  
Technological Innovation ◽  
Path Dependence ◽  
Digital Economy ◽  
Mediation Effect ◽  
Practical Significance ◽  
Quality Development ◽  
High Quality ◽  
Effective Manner ◽  
The Impact

Technological innovation and high-quality economic development are inevitable requirements of sustainable development, and the digital economy has gradually become a new engine to enhance technological innovation and the high-quality development of China’s economy. Deeply discussing the effect of digital economy on high-quality economic development and clarifying the mechanism behind it can effectively grant the boosting power of digital economy to China’s high-quality development, which is of great practical significance to China’s sustainable economic development. In this study, the mechanism, effect, and regional heterogeneity of the impact of the digital economy on the level of high-quality economic development in 30 Chinese provinces from 2011–2019 were measured and empirically tested using a mediating effects model and a spatial Durbin model, among others. The results showed that the overall level of digital economy and high-quality development is not high, and there were both high agglomeration and low agglomeration, with obvious spatial path dependence and spatial lock-in. Digital economy could promote the high-quality development level of the economy, and the spatial spillover effect was remarkable. In addition, the function of digital economy in promoting high-quality economic development in the eastern, central, and western regions was gradually weakened. Besides, the technological innovation was an important transmission path of digital economy to high-quality economic development. Based on these findings, it is proposed that decision-makers should strengthen digitalization efforts so that the digital economy can become a powerful tool to narrow the digital divide. Further, the dynamic and differentiated digital economy development strategy should be implemented to reduce regional development imbalances in an effective manner.

scholarly journals The Influence of the Digitalization of the Banking System on the Transformation of Cash and Money Circulation in the Russian Federation

2021 ◽  
pp. 55-68
Author(s):  
Yuri N. Bazhenov ◽  
Svetlana T. Rumiantceva
Keyword(s):  
Russian Federation ◽  
Banking Sector ◽  
Banking System ◽  
Financial System ◽  
Digital Technologies ◽  
Cash Flows ◽  
Digital Economy ◽  
Statistical System ◽  
The Russian Federation ◽  
The Impact

The purpose: to investigate the impact of digital technologies in the banking sector on the transformation of cash circulation in the Russian Federation.Methods: comparative-statistical, system, expert-analytical.Results: the reasons that determine the possibilities for expanding the use of non-cash payments are noted, the advantages of non-cash payments and QR payments are determined.Conclusions: the author substantiates the development and implementation of the digital economy and its impact on the control of cash flows of all counterparties of the financial system.

scholarly journals Small Business in Digital Economy

2019 ◽  
Vol 62 ◽  
pp. 04003 ◽  
Author(s):  
N.V. Molotkova ◽  
D.L. Khazanova ◽  
E.V. Ivanova
Keyword(s):  
Economic Development ◽  
Small Business ◽  
Economic System ◽  
Value Added ◽  
Digital Economy ◽  
Regional Level ◽  
Special Role ◽  
Large Network ◽  
Distinctive Features ◽  
The Impact

Business plays a special role in the mechanism of sustainable economic development, since it provides not only the realization of innovative potential, but also the creation of decentralized jobs, as well as additional revenues to budgets of different levels. Periods of economic instability for small business at the local level are a big challenge, because unlike large network structures, small business does not have the ability to diversify risks due to economies of scale. Changing the vector of the national economy development has a special impact on small business, which in developed countries is a driver of economic development. Thus, the digitalization of the economic system entails fundamental changes in the processes of value-added formation: industries are being modernized, trade and procurement procedures, related financial and logistics operations are changing, and consumption patterns are changing against the background of penetration of information technologies. The article considers two key aspects: “small business”, “digitalization of the economic system”. The concept of “digital economy” is considered, its key elements, distinctive features, level of development in various countries are defined. The authors also clarify the distinctive features and structure of small business in the Russian Federation. A comparative analysis of the share of small business in some countries is given, and a model for the functioning of small business at the regional level is described. The authors identify the problems and prospects for the development of small business in a digital economy. The article tackles the issues of the impact of the digital economy on the development of small business and the role of education in this process. The article formulates the main trends of digital transformation that have a significant role for small business at the regional level; the essence of this influence is detailed, possible barriers, new challenges and prospects for the development of small business are indicated.

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