<abstract xmlns="http://www.w3.org/1999/xhtml">

By constructing an endogenous growth model, this paper reveals the inner path of its development based on the rural cultural and creative economy. Secondly, by rationally allocating social resources and combining physical capital and cultural and creative capital, the inter-period optimization of consumption utility can be realized to the greatest extent. Finally, the endogenous economic growth model analyzes the economic effects of GDP and the H-village cultural creative tourism model in Guizhou Province. The results show that the correlation coefficient of the endogenous growth model of rural cultural creativity and economic development is R=0.979. The goodness of fit is <italic>R</italic>2 <italic>=</italic> 0.967, and the adjusted goodness of fit is <italic>R</italic>2 = 0.983, which indicates that the degree of proximity of the fitted equations to reality is extremely high. This paper provides the theoretical basis and practical guidance for developing a rural cultural and creative economy, which is of great significance for promoting the sustainable development of the regional economy.
</abstract>

By constructing an endogenous growth model, this paper reveals the inner path of its development based on the rural cultural and creative economy. Secondly, by rationally allocating social resources and combining physical capital and cultural and creative capital, the inter-period optimization of consumption utility can be realized to the greatest extent. Finally, the endogenous economic growth model analyzes the economic effects of GDP and the H-village cultural creative tourism model in Guizhou Province. The results show that the correlation coefficient of the endogenous growth model of rural cultural creativity and economic development is R=0.979. The goodness of fit is R2 = 0.967, and the adjusted goodness of fit is R2 = 0.983, which indicates that the degree of proximity of the fitted equations to reality is extremely high. This paper provides the theoretical basis and practical guidance for developing a rural cultural and creative economy, which is of great significance for promoting the sustainable development of the regional economy.

Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

By constructing an endogenous growth model, this paper reveals the inner path of its development based on the rural cultural and creative economy. Secondly, by...

Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model

Published Online: Nov 08, 2023

Page range: -

Received: Dec 07, 2022

Accepted: May 19, 2023

DOI: https://doi.org/10.2478/amns.2023.2.01035

Keywords
Rural culture, Endogenous growth model, Consumption utility, Economic effects, Creative tourism model

© 2023 Xiaona Wang, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Theory and model optimisation of rural creative economy development in less developed regions based on endogenous growth model

Published Online: Nov 08, 2023

Page range: -

Received: Dec 07, 2022

Accepted: May 19, 2023

DOI: https://doi.org/10.2478/amns.2023.2.01035

KeywordsRural culture, Endogenous growth model, Consumption utility, Economic effects, Creative tourism model

© 2023 Xiaona Wang, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Rural culture, Endogenous growth model, Consumption utility, Economic effects, Creative tourism model