Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19–21, 2023, Hangzhou, China

Research Article

Research and analysis of a new model of economic development based on the context of big data

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  • @INPROCEEDINGS{10.4108/eai.19-5-2023.2334322,
        author={Haoran  Zheng and Enping  Yu},
        title={Research and analysis of a new model of economic development based on the context of big data},
        proceedings={Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19--21, 2023, Hangzhou, China},
        publisher={EAI},
        proceedings_a={ICBBEM},
        year={2023},
        month={7},
        keywords={big data support; economic development; big data algorithms; a new model for economic development},
        doi={10.4108/eai.19-5-2023.2334322}
    }
    
  • Haoran Zheng
    Enping Yu
    Year: 2023
    Research and analysis of a new model of economic development based on the context of big data
    ICBBEM
    EAI
    DOI: 10.4108/eai.19-5-2023.2334322
Haoran Zheng1,*, Enping Yu1
  • 1: Shanghai University
*Contact email: zhenghaoran88888@163.com

Abstract

Economic growth is usually defined as the change in the level of total output (level of income per capita) of a country or region over a certain period of time and is often used to measure the economic strength of a particular country or region. From classical economic growth theory to endogenous growth theory, the impact of factors such as labour productivity, capital accumulation and technological progress on economic growth has been discussed. With the rapid development of urbanisation and industrialisation, the problems of resource shortage and environmental pollution have gradually come to the fore, and scholars at home and abroad have realised the problems of measuring social progress by GDP. This paper combines a certain amount of research and analysis in this field based on the foundation of big data technology, making a breakthrough and progress in a new research direction. It also lays a solid foundation for the combined research in the western field.