The Relationship Between The Virtual Economy And The Real Economy

It is important for maintaining the stability of the national economy through correctly handling the relationship and promoting the coordinated development between the virtual and real economy.Effectively playing the role of healthy development of virtual economy in promoting the growth of real economy is also significance.Based on these,this paper carries out related study on the coordinated development of virtual and real economy.Firstly,based on the real economy,this paper redefines the connotation of virtual economy and reviews the development of it.Then,it discusses the relationship between virtual and real economy from the theoretical and empirical sides on the basis of accurately grasping the connotation of virtual economy.From theoretical side,the relationship model between virtual and real economy is constructed,which based on the neoclassical growth model.This theoretical model makes the steady point as the most advantageous development,and the specific limited area adjacent to it is used as the coordination area between virtual and real economy.In order to avoid the error caused by objective and subjective weighting,this paper applies the entropy weight-analytic hierarchy process to determine the comprehensive evaluation index of virtual and real economy.Also,the coupling and coordination degree model is used to analyze the relationship between virtual and real economy.The theoretical model shows that there is a harmonious development relationship between the virtual and real economy.The best advantage of coordinated development can be obtained,and the adjacent interval is the optimal coordinated development interval.The empirical analysis shows that from 1999 to 2017,the relationship between the virtual and real economy in China has evolved from dysfunction to good coordination,which is confirmed by the results of the theoretical model.However,according to the metrics of this paper,the relationship between the two economy has not yet reached the optimal level of coordination.China needs to further strengthen the supervision of the relationship between the virtual and real economy.Furthermore,we must constantly improve the credit system and strengthen risk control and legal supervision.