IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v15y2024i3d10.1007_s13132-023-01533-0.html
   My bibliography  Save this article

Revolutionizing Economic Growth Analysis: a Novel Computational Approach to Assessing the Influence of Technological Financial Efficiency on Real Economic Growth

Author

Listed:
  • Chunyan Jiang

    (Shenzhen Institute of Information Technology)

Abstract

In the pursuit of comprehending the intricate relationship between scientific and technological financial efficiency and real economic growth, traditional methodologies have often encountered limitations arising from historical data induction. This study introduces a novel approach by leveraging a computer data association algorithm as a cornerstone for calculating this impact. The efficiency of science and technology finance is quantified by meticulously selecting pertinent indicators and employing the data envelopment analysis method. The utilization of a multi-objective data association tracking algorithm, rooted in fuzzy clustering, allows the extraction of synchronous data change patterns. This research further constructs an intermediary effect analysis model, guided by the principle of intermediary effect analysis, and subsequently validates the results through a Bootstrap intermediary effect test. The empirical analysis illuminates that at the national level, the regression coefficient of science and technology financial efficiency stands at 0.259, underscoring its role in promoting real economic growth. This innovative methodology not only addresses historical limitations but also advances our understanding of the symbiotic relationship between finance, science, and technology, thus offering a robust foundation for future research and policy decisions.

Suggested Citation

  • Chunyan Jiang, 2024. "Revolutionizing Economic Growth Analysis: a Novel Computational Approach to Assessing the Influence of Technological Financial Efficiency on Real Economic Growth," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 11286-11317, September.
  • Handle: RePEc:spr:jknowl:v:15:y:2024:i:3:d:10.1007_s13132-023-01533-0
    DOI: 10.1007/s13132-023-01533-0
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-023-01533-0
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s13132-023-01533-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jknowl:v:15:y:2024:i:3:d:10.1007_s13132-023-01533-0. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.