How does ICT capital stock affect high-quality economic growth? Evidence from China
As an essential driving force to promote industrial upgrading and technological innovation, ICT has gradually become the technological support for high-quality economic growth. This paper adopts the improved perpetual inventory method and entropy weight TOPSIS method to measure China’s ICT capital...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2024-11-01
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| Series: | Technological and Economic Development of Economy |
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| Online Access: | https://journals.vilniustech.lt/index.php/TEDE/article/view/22119 |
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| author | Pengfei Guo Zihua Hu Xinyun Hu |
| author_facet | Pengfei Guo Zihua Hu Xinyun Hu |
| author_sort | Pengfei Guo |
| collection | DOAJ |
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As an essential driving force to promote industrial upgrading and technological innovation, ICT has gradually become the technological support for high-quality economic growth. This paper adopts the improved perpetual inventory method and entropy weight TOPSIS method to measure China’s ICT capital stock and economic high-quality growth index, respectively, and experimentally examines the effect of the former on the latter. The findings show that the south has a more extensive ICT capital stock than the north, and the coastal region has a better high-quality growth index than the inland region. Meanwhile, high-quality economic growth, which has increased since 2009 and is incredibly robust in the south, positively correlates with ICT capital stock. Further research finds that ICT capital stock can boost high-quality economic growth by raising marketization and human capital. The results provide policy recommendations for enhancing high-quality economic growth.
First published online 19 November 2024
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| format | Article |
| id | doaj-art-461cf6b2fd8e4543a106e2eab719c8c2 |
| institution | Kabale University |
| issn | 2029-4913 2029-4921 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Technological and Economic Development of Economy |
| spelling | doaj-art-461cf6b2fd8e4543a106e2eab719c8c22024-11-19T16:29:06ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212024-11-0110.3846/tede.2024.22119How does ICT capital stock affect high-quality economic growth? Evidence from ChinaPengfei Guo0Zihua Hu1Xinyun Hu2Institute for Chengdu-Chongqing Economic Zone Development, Chongqing Technology and Business University, Chongqing, China; Chengdu-Chongqing Economic Zone Data Analysis and Intelligent Decision Making Laboratory, Chongqing Technology and Business University, Chongqing, ChinaSchool of Economics, Yunnan University, Kunming, ChinaSchool of Management, Chongqing University of Science and Technology, Chongqing, China As an essential driving force to promote industrial upgrading and technological innovation, ICT has gradually become the technological support for high-quality economic growth. This paper adopts the improved perpetual inventory method and entropy weight TOPSIS method to measure China’s ICT capital stock and economic high-quality growth index, respectively, and experimentally examines the effect of the former on the latter. The findings show that the south has a more extensive ICT capital stock than the north, and the coastal region has a better high-quality growth index than the inland region. Meanwhile, high-quality economic growth, which has increased since 2009 and is incredibly robust in the south, positively correlates with ICT capital stock. Further research finds that ICT capital stock can boost high-quality economic growth by raising marketization and human capital. The results provide policy recommendations for enhancing high-quality economic growth. First published online 19 November 2024 https://journals.vilniustech.lt/index.php/TEDE/article/view/22119ICT capital stockhigh-quality economic growthmarketization degreehuman capital |
| spellingShingle | Pengfei Guo Zihua Hu Xinyun Hu How does ICT capital stock affect high-quality economic growth? Evidence from China Technological and Economic Development of Economy ICT capital stock high-quality economic growth marketization degree human capital |
| title | How does ICT capital stock affect high-quality economic growth? Evidence from China |
| title_full | How does ICT capital stock affect high-quality economic growth? Evidence from China |
| title_fullStr | How does ICT capital stock affect high-quality economic growth? Evidence from China |
| title_full_unstemmed | How does ICT capital stock affect high-quality economic growth? Evidence from China |
| title_short | How does ICT capital stock affect high-quality economic growth? Evidence from China |
| title_sort | how does ict capital stock affect high quality economic growth evidence from china |
| topic | ICT capital stock high-quality economic growth marketization degree human capital |
| url | https://journals.vilniustech.lt/index.php/TEDE/article/view/22119 |
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