Economic Development Transformation Research Articles

Research on the Evaluation and Spatial Difference of China's Regional Logistics Digital Innovation Ability Based on Entropy Weight — Toptsis

With the transformation of economic development and the innovation and promotion of high-tech, the logistics industry is also entering an important stage of transformation and upgrading. With the progress of science and technology, the traditional logistics industry is bound to transform to the direction of digital logistics. In this process, the digital innovation ability of logistics is the key to transformation and upgrading. After combing the relevant research, this paper constructs the evaluation index system of logistics digital innovation ability, uses entropy weight method to calculate the comprehensive weight of each index, and uses TOPSIS method to calculate the score, analyzes the index panel data of 30 provinces and cities in China from 2016 to 2020, and compares the four plates in space According to the logistics digital innovation ability of the eight special economic zones, this paper analyzes the spatial differences of China's logistics digital innovation ability, and puts forward the existing problems and future prospects.

Analyzing inclusive green growth in China: a perspective of relative efficiency.

Inclusive Green Growth (IGG) has important reference value for China's ecological civilization construction and transformation of economic development. Therefore, this study assesses China's IGG level from the perspective of relative efficiency. The IGG efficiency (IGGE) was measured at the provincial level in China from 2000 to 2020 by using Super-Epsilon-Based Measure (EBM) model that considers undesirable outputs. The spatiotemporal pattern of IGGE was analyzed by kernel density estimation and spatial autocorrelation. The results indicate a fluctuating trend from 2000 to 2020 for the IGGE of China, and significant differences between regional and interprovincial IGGE were observed. On average, the eastern region presented the highest efficiency, while the level in the central regions was lowest. There is a positive spatial autocorrelation in the IGGE distribution, and the agglomeration of spatial distribution fluctuated during the study period. The IGGE has spatial spillover effects at the provincial level according to the spatial Durbin model. Among the influencing factors, the spatial spillover effects of industrial structure, government administrative capability, and industrialization level are significant. The regression results also confirm the Environmental Kuznets Curve effect between IGG and economic growth in China. Finally, some implicit policies can be established based on the empirical analysis.

The Design of a Remediation Device for Heavy Metal Contaminated Soil Under Digital Economy

Since entering the new era, the economy has grown rapidly and the economic strength has improved significantly, but it is accompanied by resource and environmental problems caused by the high pollution and high energy consumption growth model. Realizing the transformation of economic development from “incremental” to “increasing quality” and promoting economic green transformation has become one of the main development goals of China in the next stage. With the rapid development of China’s social economy, the changes of industrialization, urbanization and agricultural intensification are getting faster and faster. The discharge of industrial “three wastes” and urban domestic wastewater has gradually increased, and a large amount of chemical fertilizers and pesticides have been applied to rural arable land. It accelerates soil heavy metal pollution. Electrodynamic remediation technology, as an emerging soil in situ remediation technology, has attracted wide attention due to its advantages of wide range of pollutant removal, low cost and good effect. In this paper, a remediation device for heavy metal-contaminated soil is designed based on electrodynamic remediation technology. That is, on the basis of the digital economy, an electrolyte circulation mechanism with high adsorption of heavy metal ions is introduced. In this paper, the feasibility of electrokinetic remediation of the contaminated soil was investigated, and the effects of electrolyte type, voltage, and remediation time on the removal of heavy metals were studied. The following results were obtained through a series of experimental studies: the pH values of region A in E1, E2, and E3 were 3.24, 3.18, and 3.09, respectively. The current peak values of E1, E2 and E4 are 0.44, 0.68 and 0.75 mA respectively. E4 had the best adsorption effect on heavy metal cadmium ions, with an average adsorption rate of 7.3%. The results show that the electrodynamic remediation device can effectively remove heavy metals in soil. It can also recycle the electrolyte solution, which is an environmentally friendly repair device.

Improvement Pathway of Energy Transition: From the Perspective of Directed Technical Change

Energy transition can effectively promote the green transformation of economic development. With capital, traditional fossil energy, clean energy generation, thermal power generation, and the GDP of the provinces, we built a stochastic production frontier model based on a translog production function, which measures the bias of directed technical changes and substitution elasticities of 30 provinces in mainland China from 2000 to 2017. The results show that the directed technical change in China is more biased to thermal power generation and deviated from clean energy generation. In addition, except for traditional fossil generation and thermal power generation with a complementary relationship, there is a substitution relationship between other energy factors. At the regional level, the production patterns of 9 provinces (Beijing, Fujian, Hainan, Tianjin, Chongqing, Gansu, Neimenggu, Ningxia, and Xinjiang) are conducive to the external electric transition, and nine provinces (Beijing, Fujian, Guangxi, Hainan, Hubei, Jilin, Jiangsu, Qinghai, and Zhejiang) are beneficial to the internal electric transition. We find that there is a large room for improvement in external and internal electric transitions in most provinces. We propose that the Chinese government should promote the reform of the market-oriented energy pricing mechanism according to different production modes in different regions. Furthermore, the results from the analysis of China show that it is also possible for other countries to treat their energy transition differently due to their characteristic production patterns.

Institutional environment, development model transformation and North–South economic disparity in China

AbstractFrom the perspective of the institutional environment, this study explores the reasons and mechanisms behind the widening of the economic disparity between China's North and South during the economic development transformation from a factor expansion model to an innovation‐driven model. By defining the institutional environment in terms of the government–market relationship and the non‐state‐owned economy development, the theoretical analysis shows that compared with the South, the government intervenes more in the market and the proportion of state‐owned economy is higher in the North. The differences in the institutional environment are an important reason for the widening of the North–South economic disparity in China during the transformation of China's development model. Taking this transformation after the 2008 international financial crisis as a quasi‐natural experiment, this study constructs a difference‐in‐difference model for empirical testing based on the differences in the regional impact of the economic development model transformation on different institutional environments. It was found that after the economic development model entered the innovation‐driven stage, those regions with a better institutional environment significantly promoted their economic growth. Further mechanism tests have found that innovation capability is an important mechanism for the institutional environment that affects the North–South economic disparity.

The Economic Analysis on the Competitiveness of Small Towns with Sports Characteristics under the Guidance of “Diamond Model” Theory

The sunrise industry of sports characteristic town under the transformation of economic development and the change of social demand contradiction is also a new growth point of sports industry economy. If we avoid homogeneous competition and improve the comprehensive competitiveness of small towns with sports characteristics, it will be a hot issue studied by scholars at home and abroad. The “Diamond Model” theory finds out the shortcomings of the development of sports characteristic towns by analyzing the factors of production, demand conditions, relevant supporting industries, and development strategies and puts forward the corresponding countermeasures. MATLAB simulation results show that the “Diamond Model” theory can improve the comprehensive competitiveness of sports characteristic towns, reduce the consumption of existing resources, and make a good prediction of the future development trend. Therefore, Porter’s “Diamond Model” theory can provide guidance for the improvement of the comprehensive competitiveness of sports characteristic towns, and this study can provide theoretical and case support for relevant domestic research.

ФАКТОРИ КОНСОЛІДАЦІЇ КАПІТАЛУ В БАНКІВСЬКОМУ СЕКТОРІ В УМОВАХ ІНДУСТРІЇ 4.0 ТА COVID-19

Анотація. Присвячено дослідженню факторів консолідації капіталу в банківському секторі в умовах Індустрії 4.0 i складних світових умовах, пов’язаних iз глобальної пандемією викликаною COVID-19. Визначено, що процеси консолідації в банківській сфері особливо активізувались у ХХ століття. Поштовхом до цього стали: укрупнення промислового капіталу і розширення місткості глобальних ринків, зростання масштабів діяльності транснаціональних корпорацій, необхідність підвищення ринкової капіталізації банків для розширення потенціалу у сфері кредитування, загострення конкуренції на глобальному ринку банківських послуг. У процесі дослідження встановлено відповідність етапів розвитку банківського сектору до хвиль «операцій злиттів і поглинань» і «промислових революцій» (Індустрій 1.0 — 4.0). Обґрунтовано, що вплив Індустрії 4.0 в епоху COVID-19 дозволяє очікувати подальший ріст як кількості, так і вартості трансакцій у банківському секторі. Дослідивши процеси консолідації банків в умовах глобальної трансформації економічного розвитку, установлено, що основні фактори впливу Індустрії 4.0 та пандемії COVID-19 на процеси злиттів та поглинань у банківському секторі такі: вплив технологій, запровадження штучного інтелекту в процесах обслуговування клієнтів, розвиток необанків, віртуального банкінгу та підпорядкування цілей діяльності банківських установ суспільним цінностям. Зазначено, що в умовах активізації сучасних глобалізаційних процесів і науково-технічного прогресу спостерігається негативний вплив кризових явищ на досягнення бажаного економічного результату, тому з урахуванням особливостей процесів консолідації в банківському секторі варто враховувати низку факторів актуальної економічної динаміки, які будуть залежати від якості оцінки економічної ситуації в різні проміжки часу. З огляду на це були розглянуті численні методичні підходи до оцінки факторів впливу на економічні процеси, що відрізняються за якістю інформаційного забезпечення, алгоритмами проведення та математичною складністю. Методичний інструментарій визначено, як напрям подальших досліджень. У результаті дослідження авторам вдалося встановити, що для розуміння успішності процесів консолідації банківського капіталу потрібно мати певний критерій, що може демонструвати ступінь адаптації банківського сектору до факторів актуального економічного середовища. Отримані результати вказують на те, що таким критерієм варто обрати системну ефективність. Вважаємо, що в сучасному технологічному укладі актуальною концепцією управління діяльністю економічних суб’єктів буде саме «управління ефективністю», а не управління бізнесом у цілому чи його окремими бізнес-процесами. Ключові слова: банківський сектор, COVID-19, Індустрія 4.0, індустріальний розвиток, злиття і поглинання, консолідація. Формул: 0; рис.: 3; табл.: 1; бібл.: 24.

Fluctuation in the transformation of economic development and the coupling mechanism with the environmental quality of resource-based cities – A case study of Northeast China

In the developmental process of resource-based cities, environmental problems are easy to ignore, which can make ecological environmental protection and governance sluggish and bring adverse effects to subsequent economic development. Northeast China is the birthplace of China's industry and is still an important strategic energy base in China. This paper selects resource-based cities in Northeast China as the research object and analyzes them with data from 2000 to 2019. By using the H-P filtering and regression model, the fluctuation characteristics and influencing factors of economic development in different types of resource cities are explored, and then the coupling coordination model and VAR model are used to analyze the coupling relationship and interactive response mechanism between the transformation of economic development and environmental quality in sample cities. The results show that (1) the transformation of economic development of resource-based cities in Northeast China has significant cyclical fluctuations; (2) although the economic development and environmental quality of resource-based sample cities at different life stages have the tendency of self-reinforcing and inertia growth, the interaction between the economic development and environmental quality differs among these cities. The economic development of mature-type cities has a positive enhancement effect on environmental quality, and the economic development of regenerative-type cities involves a negative and then positive effect on environmental quality. However, the effect direction of recession-type cities is the opposite. Their environmental quality has a first negative and then positive effect on economic development. Such different effects have guiding value for the follow-up adoption of differentiated regulatory policies.

Research on the contribution rate of scientific and technological progress to Chongqing’s economic growth Based on the Solow Growth model

In the context of current proposed transformation of economic development of the region are actively rely on capital from investment to promote economic growth mode to a mode relying on technological progress to promote economic growth up. Therefore, this paper selects the sample data of Chongqing from 2010 to 2017, and based on the empirical analysis of the Solow residual value model, using SPSS statistics 25 software, studies the contribution of Chongqing’s capital investment and labor input, especially technological progress, to economic growth. The research shows that the contribution rate of Chongqing’s capital input to economic growth has always been at a relatively high level, but it has shown a general downward trend. At the same time, the elasticity coefficient of capital input is small, indicating that its contribution to economic growth is small; the contribution rate of labor input fluctuates greatly but the impact is small; the contribution rate of scientific and technological progress to economic growth shows an overall upward trend, which has become an important factor for driving Chongqing’s economic growth after capital investment. Therefore, governments must accelerate the transformation of the economic development mode, vigorously promote the development of science and technology, and rely more on scientific and technological progress to promote economic growth and achieve sustainable economic development.

Game behavior among multi stakeholders in the process of haze control*

The contradiction between economic development and pollution control is becoming increasingly prominent, which is a huge problem that China’s economic development transformation must face and solve at this stage. Among them, the governance of haze is the crux because of its great impact on health. The game behavior of haze governance involves many subjects. After considering the specific situation of the game in reality, this paper constructs a mixed strategy model of multi stakeholders, including the central government, local government, enterprises and the public. In addition to the direct participation of local governments and enterprises in the game, the central government and the public indirectly participate in the final game results through supervision and public opinion. Based on the analysis of the game results, in order to better control the haze and achieve green development, enterprises should strengthen environmental self-discipline, local government and central government should cooperate effectively, and the public should actively participate in it to form a strong influence of public opinion.

The Transformation of Economic Development in the Border Regions of Russia and Kazakhstan in the Post-Soviet Period

The prospects and trends for the development of border regions of the former Soviet Union have become one of the profound research areas in the field of economic geography recently. In the conditions of planned economy in the Republics of the USSR, a vertical system of industrial complexes was formed, with the focus on performing national economic tasks. There have been some significant changes in the border regions of independent post-Soviet States in the process of transition to the market economy model. The analysis of the industrial and territorial structure is done on the example of Russia and Kazakhstan. The formation of a common market on the basis of the Eurasian Economic Union allowed the border regions to make the most of their competitive advantage in attracting investments. The unique geographical particularity of the research object is manifested in the fact that there are no analogues of the longest land border in the world as between Russia and Kazakhstan. The new forms of production organisation are implemented in the border regions of the studied countries over more than 7,000 km. More than a quarter of a century later, transformation processes are clearly observed in the mining and manufacturing industries, agriculture, transport and services. As a result, the “regional asymmetry” of industrial development can be observed when manufacturing regions with high added value become the “cores” of economic development of cross-border relations between Russia and Kazakhstan.

Applicability of Negative Interest Rate Policy under China’s New Normal<br/>—Based on the Comparison of European Negative Interest Rate Policy

The Chinese economy has entered a new normal, superimposing the impact of the trade war. The financial support of Chinese commercial banks for small and medium-sized enterprises is still insufficient, leading to the problem of financing difficulties for small and medium-sized enterprises and the poor transmission of monetary policy. In order to study how to promote Chinese commercial banks to follow the monetary policy orientation, increase financial support for small and medium-sized enterprises, and promote the transformation of economic development, this paper uses a comparative analysis method, through the comparative analysis of the economic environment of China and the EU. The author believes that the negative nominal interest rate policy of the euro zone countries can be of reference to China and can have a positive economic impact.

Exploration of an Optimal Policy for Water Resources Management Including the Introduction of Advanced Sewage Treatment Technologies in Zaozhuang City, China

Water shortage and water pollution are important factors restricting sustainable social and economic development. As a typical coal resource-exhausted city and a node city of the South-to-North Water Transfer East Route Project in China, Zaozhuang City’s water resources management faces multiple constraints such as transformation of economic development, restriction of groundwater exploitation, and improvement of water environment. In this paper, we develop a linear optimization model by input–output analysis to study water resources management with the introduction of three advanced sewage treatment technologies for pollutant treatment and reclaimed water production. The simulation results showed that from 2014 to 2020, Zaozhuang City will realize an annual GDP growth rate of 7.1% with an annual chemical oxygen demand (COD) emissions reduction rate of 5.5%. The proportion of primary industry, secondary industry, and tertiary industry would be adjusted to 5.6%, 40.8%, and 53.6%, respectively. The amount of reclaimed water supply could be increased by 91% and groundwater supply could be decreased by 6%. Based on the simulation, this model proposes a scientific reference on water resources management policies, including water environment control, water supply plan, and financial subsidy, to realize the sustainable development of economy and water resources usage.

Characteristics and mechanism of spatial-temporal differentiation in Jiangsu province during the period of industrial transformation

Industry upgrading is an important way for speeding up economic development transformation, which is in accordance with economic growth. Based on the GIS spatial technology, the paper analyzes the temporal- spatial evolution characteristics in Jiangsu province during the industrial transformation period from 2000 to 2012 using the methods of industrial transformation coefficient, high- level industrial index, Gini- coefficient index, and specialization index and shift- share analysis. Major findings of this research are:(1) the industrial transformation advancement demonstrates a slowdown increase after a period of rapid development, while the industrial structure upgrade is always advancing quickly in the past 10 years. At the same time, the growth rates of industries are different and the competitive superiority industries are replaced by the capital and technology intensive industries, as well as the leading industries which are mainly chemical industry, electronic appliances, instrument and meters. The fastest growing industry covers advanced manufacturing and environmental protection industries.(2) In spatial structure, the industrial transformation coefficient gradually reduces from North Jiangsu to Middle Jiangsu, followed by South Jiangsu. The advancement of industry structure shows the trend of dish distribution with the high periphery and the low Hongze Lake- surrounded area. The industrial agglomeration demonstrates the pattern of high north- south and low central Jiangsu, and three main highlands of industrial agglomeration including Suzhou, Nanjing and Xuzhou. In addition, this article also finds out that industrial specialization level turns on a circle- shaped pattern in Jiangsu province, with the level of industrial technology gradually reducing with South Jiangsu as the core radiating to its neighboring regions.(3) Resource endowment, technology innovation, market demand and regional policy are the main driving forces for spatial and temporal variations of industrial transformation.(4) The proposals of advancing industrial transformation are put forward, such as promoting the advancement of industry structure, optimizing industrial space layout,promoting the specialized labor division, improving the scientific and reasonable industrial transformation mechanism.

On Activating the Scientific and Technological Innovation Vitality of the Transportation Enterprises Under the "New Normal"

As a traditional industry, transportation enterprises are easy to fall into a self-enclosed smallscale circle on technology innovation due to their inherent natural monopoly characteristics. Although there is a certain degree of improvement given that most restructuring of transportation enterprises has been completed around 2010, transportation enterprises still haven’t reached great technological breakthroughs, are heavily dependent on the government and lack innovation ability and motivation. In addition, a fair, just and open technology market and management system haven’t been formed. There is a gap to meet the "18th" requirement that enterprise technology innovation should break significant technical bottlenecks and speed up the research, development and application of new techniques, products and technology. Compared with the requirement of the "New Normal" that transportation industry should gradually transform from a way of extensive development into a, sustainable model of development with high efficiency and low cost, current situations still need to be improved. Besides, the supporting and leading role of technology in the transformation of economic development and restructuring of economy isn’t obvious. This paper starts from the analysis of the characteristics of the transport sector,analyzes the current situation and challenges in the technology research and development of traditional transportation enterprises, puts forward the new requirement for technology enterprises under the "New Normal" , takes information technology as an example to explain how to break the industry’s self-closed state, and provides measures and suggestions to stimulate the technological innovation of transportation enterprises.