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Research on the Coordinated Development of Big Data, Financial Agglomeration and Regional Economy in Guizhou Province

In: Proceedings of the 10th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2022)

Author

Listed:
  • Shan Wei

    (College of Big Data Application and Economics, Guizhou University of Finance and Economics (Guiyang College of Big Data Finance)
    Guizhou Science and Technology Innovation and Venture Capital Research Institute)

  • Hongmei Zhang

    (College of Big Data Application and Economics, Guizhou University of Finance and Economics (Guiyang College of Big Data Finance)
    Guizhou Science and Technology Innovation and Venture Capital Research Institute)

Abstract

After the concept of big data was put forward, and the first national-level big data comprehensive experimental zone in China was approved, Guizhou Province made great efforts to promote the development of big data and make preparations for the realization of "counting the east and calculating the west". The development of big data can't be separated from financial support, and a large amount of financial support in demand promotes the formation and development of regional financial agglomeration. To explore the relationship among big data development, financial agglomeration and regional economic development in Guizhou Province, this paper first measures the level of big data development, financial agglomeration and regional economic development in Guizhou from 2013 to 2020 by principal component analysis, and then measures the coupling degree and coupling coordination degree of big data development, financial agglomeration and regional economic development by coupling degree and coupling coordination model. The empirical results show that: on the whole, the coupling degree and coupling coordination degree of the three systems are rising, and the span is obvious; In terms of time, the coupling degree and coupling coordination degree of the three systems have an important turning point in 2014 and 2016, which indicates that the coordinated development of big data development, financial agglomeration and regional economic development level is more conducive to economic development and risk reduction.

Suggested Citation

  • Shan Wei & Hongmei Zhang, 2023. "Research on the Coordinated Development of Big Data, Financial Agglomeration and Regional Economy in Guizhou Province," Advances in Economics, Business and Management Research, in: Sen Qiao & Hongbin Cao & Aiwen Liu & Xueliang Chen & Tiefei Li (ed.), Proceedings of the 10th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2022), pages 140-146, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-194-4_20
    DOI: 10.2991/978-94-6463-194-4_20
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