ORIGINAL RESEARCH
Sustainable Coordination and Development of S&T
Innovation and New Urbanization: An Empirical
Study of Cheng-du-Chongqing Dual-City
Economic Circle, China
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1
School of International Business and Management, Sichuan International Studies University, Chongqing 400031, China
2
College of Finance and Economics, Sichuan International Studies University, Chongqing 400031, China
3
International College, Krirk University, Bangkok 10220, Thailand
Submission date: 2023-04-27
Final revision date: 2023-10-30
Acceptance date: 2023-11-08
Online publication date: 2024-02-06
Publication date: 2024-03-18
Corresponding author
Jiafu Su
International College, Krirk University, Thailand
Pol. J. Environ. Stud. 2024;33(3):2847-2860
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ABSTRACT
Scientific and technological innovation and the sustainable development of new urbanization are
the key factors to promote national economic growth, and have a very important role in promoting
regional development and international competitiveness. Based on the panel data of 16 cities in
Chengdu-Chongqing dual-city economic circle from 2015 to 2022, this paper uses entropy weight
method to determine the weight of each index and constructs a coupling coordination model to explore
the sustainable development of scientific and technological innovation and new urbanization, the Panel
Vector Autoregression (PVAR) model was used to further verify the interaction between the two.
The empirical results show that the coupling coordination degree of scientific and technological
innovation and new urbanization in Chengdu-Chongqing economic circle is increasing year by year.
There is a balanced relationship between scientific and technological innovation and new urbanization,
and the two are two-way Granger causality. Therefore, the conclusion puts forward the practical
enlightenment of increasing investment in scientific and technological innovation, guiding enterprises
to carry out scientific and technological innovation to feedback new urbanization and accelerate the
construction of new urbanization, and actively integrating with urban development.