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Academic Journal of Business & Management, 2024, 6(6); doi: 10.25236/AJBM.2024.060628.

Influence of Circular Economy Financial Marketization on Development of Private Economy Based on Input-Output Model


Xiaomeng Su

Corresponding Author:
Xiaomeng Su

Business School, Qingdao Hengxing University of Science and Technology, Qingdao, Shandong, 266100, China


The private economy can be said to be one of the most important sources of power for rapid economic development and an indispensable force in promoting economic development. The private economy not only provided more than half of the tax revenue, but also provided 80% of the jobs for the market and created more than 60% of the gross domestic product. Therefore, it is of great significance to continuously improve the development environment of the private economy for building a new development pattern. It can be clearly said that the modern private economy is not only an important part of the modern economic system, but the development of the private economy is also related to the progress of high-quality social and economic development. Especially under the influence of factors such as the escalating global and regional frictions and the continued spread of the COVID-19 epidemic, the overall economic development environment is already very bad, and the development of the private economy is particularly important at this time. At present, the main problems that need to be overcome in vigorously developing the private economy are as follows: financing constraints, social credit assessment and legal-related risks. If people want to overcome these problems in a short period of time, they need not only policy backing. Meanwhile, it is necessary to introduce new technologies to promote the growth of the private economy. The circular economy financial marketization based on the input-output model can not only effectively solve the problems related to the development of the private economy, but also propose a set of economic development models to help the development of small private enterprises. This paper studied the various effects of the circular economy financial marketization based on the input-output model on the growth of the private economy, and tested the feasibility of the circular economy financial marketization based on the input-output model to promote the development of the private economy. At the same time, relevant control experiments were designed to simulate the development speed of the private economy itself under the same background and the growth speed of the private economy combined with the circular economy financial marketization based on the input-output model. Comparing the two sets of data, it is found that the impact coefficient of circular economy financial marketization on the growth of the private economy based on the input-output model was about 28.5%.


Private Economy; Circular Economy; Financial Marketization; Input-Output Model; Economic Development

Cite This Paper

Xiaomeng Su. Influence of Circular Economy Financial Marketization on Development of Private Economy Based on Input-Output Model. Academic Journal of Business & Management (2024) Vol. 6, Issue 6: 183-192. https://doi.org/10.25236/AJBM.2024.060628.


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