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Academic Journal of Business & Management, 2022, 4(7); doi: 10.25236/AJBM.2022.040711.

Research on Coordination of Digital Economy and Common Prosperity in Zhejiang Province Based on Entropy Weight TOPSIS and Coupling Mechanism

Author(s)

Yuhang Li, Mingjie Hu, Yifu Zhao

Corresponding Author:
Yuhang Li
Affiliation(s)

Shanghai University of Finance and Economics, Zhejiang College, Jinhua, Zhejiang, 321000, China

Abstract

With the development of the digital economy, it should mutually promote the development level of shared prosperity in theory. Therefore, it is of great significance to study the coordination degree between the digital economy and shared prosperity to narrow the regional economic gap and promote the overall high-level development of cities. This paper takes all provinces and cities in Zhejiang Province in 2020 as the research object. It constructs the measurement index system of the digital economy and shared prosperity, respectively. The digital economic index and the development level of shared prosperity are measured by the Entropy -TOPSIS method. Then, the degree of coordination between the digital economy and shared prosperity is studied by using the coupling mechanism. The empirical results show that the development level of the digital economy, the level of shared prosperity, and the level of coupling coordination show a stepped distribution of "high in the north and low in the south" and "high in the east and low in the west." The digitalization and standard prosperity levels of neighboring cities are similar, but regional differences in agglomeration exist. The digitalization level and average prosperity level of Hangzhou and Ningbo lead in the whole Province. Finally, we provide relevant suggestions for Zhejiang Province to enhance the status of the digital economy, promote shared prosperity, and improve the development of new patterns.

Keywords

Digital economy, Shared prosperity, Coupling coordination

Cite This Paper

Yuhang Li, Mingjie Hu, Yifu Zhao. Research on Coordination of Digital Economy and Common Prosperity in Zhejiang Province Based on Entropy Weight TOPSIS and Coupling Mechanism . Academic Journal of Business & Management (2022) Vol. 4, Issue 7: 68-71. https://doi.org/10.25236/AJBM.2022.040711.

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