scholarly journals The Penetration of New Generation Information Technology and Sustainable Development of Regional Economy in China—Moderation Effect of Institutional Environment

2021 ◽  
Vol 13 (3) ◽  
pp. 1163
Author(s):  
Long Cheng ◽  
Shiyuan Zhang ◽  
Xuming Lou ◽  
Yang Yang ◽  
Weifeng Jia

Sustainable economic development is an important force to enhance the comprehensive national strength. It mainly depends on the breakthrough and innovation of science and technology. The new generation of information technology (NGIT) is the most active field in scientific and technological innovation. It is of great significance to deeply consider the relationship between the new generation of information technology and the sustainable development of a regional economy. In this study, 29 provinces and cities in China from 2009 to 2018 were selected and use the feasible generalized least squares (FGLS) method to empirically analyze the impact of the new generation of information technology on the sustainable development of regional economy. Simultaneously, it analyzes the differences between NGIT and economy sustainable development of the regional economy under different institutional environments. According to the research results, there is a positive correlation between new-generation information technology and the sustainable development of a regional economy. There is a positive U-shaped relationship between the penetration depth of NGIT and the sustainable development of a regional economy. Simultaneously, the higher the institutional environment’s level, the stronger the positive relationship between the penetration of NGIT and the sustainable development of a regional economy.

2018 ◽  
Vol 10 (11) ◽  
pp. 4173 ◽  
Author(s):  
Feifei Wu ◽  
Xinyu Yan

The knowledge about the relations between domestic institutional quality and the sustainable development of exports in emerging markets remains limited, since most research into the relations between the institutional environment and the sustainable development of exports has been conducted in developed market economies, especially in those of North America and Europe. With dynamic changes in the institutional environment of emerging countries over the years, this paper provides a novel perspective for investigating the relations above. This is the first paper to investigate the impact of institutional quality on the sustainable development of industries’ exports in emerging countries from a comprehensive perspective of multiple institutional environments and multi-dimensional industries’ heterogeneity. On the basis of defining institutional quality and industry heterogeneity, this paper explores the underlying mechanisms of institutional quality affecting sustainable development of industries’ exports and conducts empirical analyses by using the data from China’s 20 industries’ exports to 117 countries for the period of 1996–2011. The results show that: (a) Industries with higher degrees of financial dependence or higher product technical complexities have export comparative advantages in better financial environments; (b) Industries with higher research and development (R&D) intensity or a higher concentration of intermediate inputs have export comparative advantages in better legal environments; (c) The differences in the level of financial development or in the efficiency of legal system would influence the effects of interactions between institutional quality and industry heterogeneity on the sustainable development of industries’ exports. The present paper provides new evidence that institutional quality does promote the sustainable development of industries’ exports in emerging countries. These results indicate that exports of heterogeneous industries in emerging economies are an adaptive response to the specific institutional environment, as well as a continuous release of institutional dividends with the improvement of the institutional environment.


2020 ◽  
Vol 12 (17) ◽  
pp. 7217
Author(s):  
Tamara Teplova ◽  
Tatiana Sokolova ◽  
Mariya Gubareva ◽  
Kristina Galenskaya ◽  
Andrey Teplov

Financial market imperfections constrain firms’ ability to obtain funds. This is especially true for the former communist bloc countries. However, the restrictions on access to financing and the attitudes of management in these geographies remain overlooked by academic research and represent an important obstacle on the roadmap to sustainable development. The objective of this paper is to fill this gap by analyzing the impact of ownership structure, institutional environment development, and debt market profile on the perception of financial constraints by the representatives of corporate top management from 28 countries of the former communist bloc. Our analysis spans over the period 2002–2013. We apply the probit and Heckman models to investigate nonlinear and multicast effects of the considered factors. We evidence that during the crisis and post-crisis periods, foreign ownership alleviates the restrictions on access to financial resources. We also discuss the role of state ownership. We find that the volume of local currency bond market has a nonlinear U-shape relationship. Our results are useful for policy makers focused on sustainable development of the former communist economies by means of improving access of businesses to financing.


2021 ◽  
Vol 2021 ◽  
pp. 1-15
Author(s):  
Haiman Liu ◽  
Jiancheng Long ◽  
Zunhuan Shen

Ecological deterioration, air pollution, and resource depletion have shrouded the vast regions of China, raising widespread concerns about the sustainable development of the domestic economy. Although financial agglomeration has become a pivotal approach for China to realize green transformation, there is a lack of evidence against the causal correlation between financial agglomeration and sustainable development of the regional economy. To fill this gap, using the data of 29 provincial capital cities in China spanning from 2009 to 2019 and adopting individual time bidirectional fixed effect model, IV-GMM approach, and alternative modeling techniques, this paper investigates the impact of financial agglomeration on sustainable development of the regional economy for the first time. The results indicate that there is a significant positive correlation between financial agglomeration and the sustainable development of the regional economy. Financial agglomeration facilitates the improvement of regional energy efficiency, and the latter further mediates the relationship between financial agglomeration and sustainable development of the regional economy. In addition, the empirical results also demonstrate that the higher the economic policy uncertainty, the weaker the positive relationship between financial agglomeration and energy efficiency. The present study is of great significance for China to implement energy-saving and emission-reduction tasks and achieve sustainable urban construction.


2019 ◽  
Vol 11 (12) ◽  
pp. 3316 ◽  
Author(s):  
Jihong Chen ◽  
Kai Zhang ◽  
Yuan Zhou ◽  
Yufei Liu ◽  
Lingfeng Li ◽  
...  

The combination of new-generation information technology and manufacturing technology has had in a significant and profound impact on the future development paradigm of manufacturing. Machine tools are the basis of virtually everything that is manufactured in the industry, exploring the development of the machine tool domain is of considerable significance to identify the opportunity to develop manufacturing industry and promote the sustainable development of manufacturing in the current tightening constraints of resource environment. Although much attention has been paid to development studies of a specific domain in recent years, it is challenging to conduct a multidimensional study related to the development status of the machine tool domain using existing methods. To solve this challenge, we propose an integrating framework combining topic models, bibliometric, trend analysis and patent analysis to mine multi-source literature within the machine tool domain, including papers, funds, patents, and news. Specifically, papers and funds provided two different perspectives to explore the development status in the research of machine tools. Furthermore, the technology development of machine tools was investigated through patents analysis. Finally, news related to the machine tool industry in recent years was analyzed to examine business focuses on machine tools. The integration of above various analytical methods and multi-dimensional mining of literature enabled analyzing the development of the machine tool domain systematically from multi-perspectives that include research, technology development and industry to provide inspirations about the implications of sustainable development of this domain. The conclusions obtained in this paper is beneficial to different communities of machine tools, in terms of determining the research directions for researchers, identifying industry opportunities for corporations and developing reasonable industry policy for policy makers.


2020 ◽  
Vol 2020 ◽  
pp. 1-9
Author(s):  
Bin Hu ◽  
Jianlin Lv ◽  
Kun Yang

The integration of the new-generation information technology and the automobile manufacturing industry has significantly improved the production efficiency of the automobile manufacturing industry, but it will also increase the technology application cost of the automobile manufacturing industry. The boundary value of the income change of the automobile manufacturing industry can be obtained by examining the influence of new-generation information technology on the price of parts, the price of automobiles, and the quantity of production in the upstream and downstream of the automobile manufacturing industry chain. The study found that the benefit of the automobile manufacturing industry that meets the conditions of technology application costs has increased. The value added to the downstream enterprises in the industrial chain is greater than the value added to the upstream companies. The lower the cost of technology application, the greater the impact on the number of automobile production. In the end, an example is used to verify the reliability of the research results.


2020 ◽  
Vol 18 (5) ◽  
pp. 891-908
Author(s):  
T.A. Smirnova

Subject. This article deals with the issues of functioning of the region as a system. Objectives. The article aims to identify the problems of the region's functioning as a system, develop methodological tools to monitor the sustainable development of the Siberian Federal District territories, and determine the the impact of socio-economic and environmental factors on the sustainable development of the region as a whole. Methods. For the study, I used the methods of theoretical, statistical, and empirical analyses taking into account an integrated approach. Results. The article reveals the impact of some individual components of regional development on the sustainability of the territorial system as a whole. Relevance. The results of the study can be used to analyze the sustainability of regions' development.


Author(s):  
L.Z. Khalishkhova ◽  
◽  
A. Kh. Temrokova ◽  
I.R. Guchapsheva ◽  
K.A. Bogаtyreva ◽  
...  

Ensuring the sustainable development of agroecosystems requires research into the justification of the impact of environmental factors on the formation of territorial agroecosystems and identifies ways to take them into account in order to justify management decisions and ensure environmental safety. The main goal of the research within the article is to identify the most significant environmental factors in predicting the formation of agroecosystems. Provisions are devoted to the study of the laws governing the functioning of agroecosystems in order to increase their stability. The methods of comparative analysis, generalization, abstraction, logical analysis are applied. A number of provisions are formulated regarding ways to account for the influence of factors on the formation of key elements of agroecosystems.


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