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Evaluation of digital economy development level based on multi-attribute decision theory

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  • Jinqi Su
  • Ke Su
  • Shubin Wang

Abstract

The maturity and commercialization of emerging digital technologies represented by artificial intelligence, cloud computing, block chain and virtual reality are giving birth to a new and higher economic form, that is, digital economy. Digital economy is different from the traditional industrial economy. It is clean, efficient, green and recyclable. It represents and promotes the future direction of global economic development, especially in the context of the sudden COVID-19 pandemic as a continuing disaster. Therefore, it is essential to establish the comprehensive evaluation model of digital economy development scientifically and reasonably. In this paper, first on the basis of literature analysis, the relevant indicators of digital economy development are collected manually and then screened by the grey dynamic clustering and rough set reduction theory. The evaluation index system of digital economy development is constructed from four dimensions: digital innovation impetus support, digital infrastructure construction support, national economic environment and digital policy guarantee, digital integration and application. Next the subjective weight and objective weight are calculated by the group FAHP method, entropy method and improved CRITIC method, and the combined weight is integrated with the thought of maximum variance. The grey correlation analysis and improved VIKOR model are combined to systematically evaluate the digital economy development level of 31 provinces and cities in China from 2013 to 2019. The results of empirical analysis show that the overall development of China’s digital economy shows a trend of superposition and rise, and the development of digital economy in the four major economic zones is unbalanced. Finally, we put forward targeted opinions on the construction of China’s provincial digital economy.

Suggested Citation

  • Jinqi Su & Ke Su & Shubin Wang, 2022. "Evaluation of digital economy development level based on multi-attribute decision theory," PLOS ONE, Public Library of Science, vol. 17(10), pages 1-39, October.
    • Handle: RePEc:plo:pone00:0270859
    DOI: 10.1371/journal.pone.0270859
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    References listed on IDEAS

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    1. Kevin J. Stiroh, 2002. "Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say?," American Economic Review, American Economic Association, vol. 92(5), pages 1559-1576, December.
    2. Choi, Changkyu & Hoon Yi, Myung, 2009. "The effect of the Internet on economic growth: Evidence from cross-country panel data," Economics Letters, Elsevier, vol. 105(1), pages 39-41, October.
    3. Erik Brynjolfsson & Brian Kahin (ed.), 2002. "Understanding the Digital Economy: Data, Tools, and Research," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262523302, December.
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