2014Journal of Shandong University of Science and TechnologyRequires access

Optimal Proportion of Virtual Economy and Real Economy in China

LU Min-fen

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Abstract

Virtual economy is a natural outcome of economic development,which,together with real economy,plays an important role in overall economic development.However,its excessive development brings about a series of problems,and even leads to financial crisis.The paper explores the optical proportion of virtual economy and real economy by combining theoretical research and empirical study and concludes that China's present proportion of virtual economy and real economy is not reasonable,and excessive development of virtual economy shall have an adverse effect on its economic growth.

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Virtual economy is a natural outcome of economic development,which,together with real economy,plays an important role in overall economic development.However,its excessive development brings about a series of problems,and even leads to financial crisis.The paper explores the optical proportion of virtual economy and real economy by combining theoretical research and empirical study and concludes that China's present proportion of virtual economy and real economy is not reasonable,and excessive development of virtual economy shall have an adverse effect on its economic growth.

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Available abstract

Virtual economy is a natural outcome of economic development,which,together with real economy,plays an important role in overall economic development.However,its excessive development brings about a series of problems,and even leads to financial crisis.The paper explores the optical proportion of virtual economy and real economy by combining theoretical research and empirical study and concludes that China's present proportion of virtual economy and real economy is not reasonable,and excessive development of virtual economy shall have an adverse effect on its economic growth.

Key concepts: Virtual economy, Information economy, China, Real economy, Post-industrial economy, Economics, Digital economy, Economy

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