East Asian Journal of Multidisciplinary Research (EAJMR)
Vol. 3 No. 6 (2024): June 2024

Evaluation of Digital Economy Growth: the Validity of the Data Envelopment Analysis (DEA) Method

Adinata, Patrick Vivid (Unknown)



Article Info

Publish Date
30 Jun 2024

Abstract

This research aims to provide methodological insights that can be used in related studies, as well as offer guidance for the development and improvement of urban digital economies. Gross Domestic Product (GDP)-based scale measurement methods and input-output methods show significant variations in the measurement of digitalisation and the contribution of the digital economy. While index techniques offer convenience in the calculation and expansion of indicators, their accuracy and scientific validity are often in doubt due to subjectivity in the weighting and selection of indicators. DEA offers great flexibility by allocating input and output weights endogenously, reducing the influence of subjectivity. DEA is able to identify fast-growing cities in the digital economy, assess effectiveness, and provide strong support for managerial decision-making, as well as provide guidance for the development of smarter and more efficient cities in the future. This research makes a practical contribution to the development of more appropriate and effective digital economy policies and strategies.

Copyrights © 2024






Journal Info

Abbrev

eajmr

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering

Description

East Asian Journal of Multidisciplinary Research (EAJMR) is a scientific multidisciplinary research journal published by Yayasan Pendidikan Penelitian Pengabdian Algero. The aim of this journal publication is to disseminate the research results, conceptual thoughts, improved research methodologies ...