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Scientific Article details

Title Synergistic Evolution of China's Green Economy and Digital Economy Based on LSTM-GM and Grey Absolute Correlation
ID_Doc 61844
Authors Xu, GT; Peng, S; Li, CJ; Chen, X
Title Synergistic Evolution of China's Green Economy and Digital Economy Based on LSTM-GM and Grey Absolute Correlation
Year 2023
Published Sustainability, 15.0, 19
DOI 10.3390/su151914156
Abstract This study aims to understand the synergistic evolution of the green and digital economies towards sustainable development. Previous research lacked quantitative analysis, which hindered the development of a comprehensive understanding. An evaluation index system is established using the CRITIC and entropy weight combination methods. The TOPSIS model is utilized to evaluate indicators and derive a comprehensive development index for both economies. The LSTM-GM model is employed to predict the evolutionary trends for the next five years. The absolute grey correlation model is applied to analyze historical and future synergistic evolutionary trends. Findings show increasing levels of green and digital economic development. The digital economy promotes green economic development by enhancing efficiency through innovation and upgrades. The green economy facilitates the structural adjustment of the digital economy by reducing emissions and enhancing resource utilization. Predictions indicate a steady growth in both economies and an increasing synergistic evolution. Based on the analysis, policy recommendations are proposed to promote the integration and development of the digital and green economies, facilitating high-quality synergistic growth.
Author Keywords green economy; digital economy; TOPSIS; grey relation analysis; long short-term memory neural network
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:001083081400001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/15/19/14156/pdf?version=1695633816
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