Research on the Efficiency of Digital Economy Development of Huzhou from an Input-Output Perspective

Abstract

Using the DEA-BCC model and the Malmquist index model, this article empirically analyzed the efficiency of digital economy development of Huzhou during 2016-2021 from an input-output perspective. The results show that, from the static efficiency analysis, the input of digital economic resources in Huzhou has not been fully utilized in some years, and PTE is the main factor limiting the efficiency of digital economy development of Huzhou; From the perspective of dynamic efficiency, TFP of the digital economy of Huzhou has generally shown a trend of fluctuation, which is mainly driven by TC. Moreover, there is a huge disparity in the effectiveness of digital economic development among counties/districts. It is suggested that the government departments should make a master plan, rationally allocate resources, accelerate digital technology innovation, optimize talent services, focus on the complementary and coordinated development of each county/district, and promote a high-level efficiency of digital economy development of Huzhou.