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An Evaluation System Based on the Improved BCC Algorithm for Evaluating the Development Level of the Low-Carbon Economy

In: INTERNET FINANCE AND DIGITAL ECONOMY Advances in Digital Economy and Data Analysis TechnologyThe 2nd International Conference on Internet Finance and Digital Economy, Kuala Lumpur, Malaysia, 19 – 21 August 2022

Author

Listed:
  • Lantian Zhao

Abstract

Economic development aims to follow the development mechanism of the market economy, produce more social wealth with low consumption, and keep the economy growing steadily. In this paper, the particle swarm algorithm is used to improve the BCC algorithm so that the improved BCC algorithm has a stronger optimization ability. Therefore, the improved BCC algorithm is used to search for evaluation indicators (EI) suitable for evaluating the development level (DL) of the low-carbon economy (LCE), and the integrated index system builds an LCE. Based on the three subsystems in the system, the LCE development level of a province is studied. The result is that the province’s LCE development level has realized certain achievements. In general, to achieve an LCE, it is necessary to promote economic and social development to achieve sustainable development through energy structure transformation and economic transformation.

Suggested Citation

  • Lantian Zhao, 2023. "An Evaluation System Based on the Improved BCC Algorithm for Evaluating the Development Level of the Low-Carbon Economy," World Scientific Book Chapters, in: Faruk Balli (ed.), INTERNET FINANCE AND DIGITAL ECONOMY Advances in Digital Economy and Data Analysis TechnologyThe 2nd International Conference on Internet Finance and , chapter 66, pages 883-893, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811267505_0066
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    Keywords

    Internet Economy; Online Finance; Financial Engineering; Big Data; Blockchain; Supply Chain; E-commerce;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • G2 - Financial Economics - - Financial Institutions and Services

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