Research on the action mechanism of circular economy development and green finance based on entropy method and big data

• Published in: Journal of enterprise information management Vol. 35; no. 4/5; pp. 988 - 1010
• Main Author: Xiaofei, Yan
• Format: Journal Article
• Language: English
• Published: Bradford Emerald Publishing Limited 20.06.2022; Emerald Group Publishing Limited
• Subjects: Analytic hierarchy process; Big Data; Circular economy; Consumption; Economic development; Economic growth; Entropy; Entropy (Information theory); Finance; Growth models; Sustainable development; Systems analysis; China; Big data; Circular economy; Green finance; System model; Entropy method
• ISSN: 1741-0398; 1758-7409
• DOI: 10.1108/JEIM-01-2021-0024

PurposeBy calculating the information entropy of the indicator and measuring the amount of information in the data, this paper determines the weight of the indicator according to the impact of the relative change of the indicator on the whole.Design/methodology/approachIn order to study the action mechanism of circular economy development and green finance, based on the entropy method, this paper constructs a system analysis model based on event research.FindingsMoreover, this paper uses the analytic hierarchy process to obtain subjective weights based on expert opinions and then uses the entropy method to obtain objective weights and finally combines the two. In addition, an intelligent model is constructed based on the action mechanism of circular economy development and green finance to improve the system structure.Originality/valueFinally, this paper designs experiments to verify the performance of the system model. The research results show that the system model constructed in this paper meets the actual situation.