Abstract
Based on Internet of things ‘‘wisdom city’’ based on the development of emerging information technology industry, such as operation system connected cities of all levels with wisdom, to achieve the production and the life convenient, the wisdom of the new urban development pattern, it can not only bring short-term economic growth, can also bring the progress of the society as a whole and economic all-round development. With the expansion of the construction of smart cities, it becomes very important to study whether the development of smart cities plays a driving role in economic growth. The purpose of this paper is to study the role of smart city development in promoting social and economic growth. This paper first expounds the smart city, and then, based on the empirical analysis of Cobb-Douglas production function, establishes an econometric model to promote economic growth by developing smart city, and obtains the output promoting elasticity index of smart city to economic growth by linear regression. The empirical results show that the construction of smart cities can indeed drive economic growth. This paper obtains that the sum of the coefficients of labor force, capital and smart city for the gross national product is greater than 1.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Yeh, H.: The effects of successful ICT-based smart city services: from citizens’ perspectives. Gov. Inf. Q. 34(3), 556–565 (2017)
Sholla, S., Naaz, R., Chishti, M.A.: Ethics aware object oriented smart city architecture. China Commun. 14(05), 160–173 (2017)
Nonko, E.: Smart city dreams. Metropolis 38(5), 106–112 (2019)
Dainow, B.: Smart city transcendent -understanding the smart city by transcending ontology. ORBIT J. 1(1), 1–5 (2017)
Zentz, K.: Planning the smart city. Public Utilities Fortnightly 157(3), 48–51 (2019)
Dandrea, J.: Smart city. Am. Cranes Transp. 13(8), 55 (2017)
Yuen, B.: Singapore: smart city, smart state. J. Southeast Asian Stud. 49(2), 349–351 (2018)
Dillon, N.: Intelligent smart city upgrades. Intertraffic World 2018, 172–173 (2018)
Macke, J., Casagrande, R.M., Sarate, J.A.R., et al.: Smart city and quality of life: citizens' perception in a Brazilian case study. J. Cleaner Prod. 182(MAY 1), 717–726 (2018)
Stone, M., Knapper, J., Evans, G., et al.: Information management in the smart city. Bottom Line 31(3–4), 234–249 (2018)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Xie, W. (2021). The Empirical Analysis on Role of Smart City Development in Promoting Social and Economic Growth. In: Atiquzzaman, M., Yen, N., Xu, Z. (eds) Big Data Analytics for Cyber-Physical System in Smart City. BDCPS 2020. Advances in Intelligent Systems and Computing, vol 1303. Springer, Singapore. https://doi.org/10.1007/978-981-33-4572-0_32
Download citation
DOI: https://doi.org/10.1007/978-981-33-4572-0_32
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-33-4573-7
Online ISBN: 978-981-33-4572-0
eBook Packages: Computer ScienceComputer Science (R0)