Study on the effect of digital economy on high-quality economic development in China.

At present, the digital economy, which takes information technology and data as the key elements, is booming and has become an important force in promoting the economic growth of various countries. In order to explore the current dynamic trend of China's digital economy development and the impa...

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Autores principales: Wei Zhang, Siqi Zhao, Xiaoyu Wan, Yuan Yao
Formato: article
Lenguaje:EN
Publicado: Public Library of Science (PLoS) 2021
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Acceso en línea:https://doaj.org/article/b78e3b58c1b94c49a3dd1275d4f42eb3
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spelling oai:doaj.org-article:b78e3b58c1b94c49a3dd1275d4f42eb32021-12-02T20:06:11ZStudy on the effect of digital economy on high-quality economic development in China.1932-620310.1371/journal.pone.0257365https://doaj.org/article/b78e3b58c1b94c49a3dd1275d4f42eb32021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0257365https://doaj.org/toc/1932-6203At present, the digital economy, which takes information technology and data as the key elements, is booming and has become an important force in promoting the economic growth of various countries. In order to explore the current dynamic trend of China's digital economy development and the impact of the digital economy on the high-quality economic development, this paper measures the digital economic development index of 30 cities in China from the three dimensions of digital infrastructure, digital industry, and digital integration, uses panel data of 30 cities in China from 2015 to 2019 to construct an econometric model for empirical analysis, and verifies the mediating effect of technological progress between the digital economy and high-quality economic development. The results show that (1) The development level of China's digital economy is increasing year by year, that the growth of digital infrastructure is obvious, and that the development of the digital industry is relatively slow. (2) Digital infrastructure, digital industry and digital integration all have significant positive effects on regional total factor productivity, and the influence coefficients are 0.2452, 0.0773 and 0.3458 respectively. (3) Regarding the transmission mechanism from the digital economy to the high-quality economic development, the study finds that the mediating effect of technological progress is 0.1527, of which the mediating effect of technological progress in the eastern, northeast, central and western regions is 1.70%, 9.25%, 28.89% and 21.22% respectively. (4) From the perspective of spatial distribution, the development level of the digital economy in the eastern region is much higher than that in other non-eastern regions, and the development of digital economy in the eastern region has a higher marginal contribution rate to the improvement of the total factor productivity. This study can provide a theoretical basis and practical support for the government to formulate policies for the development of the digital economy.Wei ZhangSiqi ZhaoXiaoyu WanYuan YaoPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 9, p e0257365 (2021)
institution DOAJ
collection DOAJ
language EN
topic Medicine
R
Science
Q
spellingShingle Medicine
R
Science
Q
Wei Zhang
Siqi Zhao
Xiaoyu Wan
Yuan Yao
Study on the effect of digital economy on high-quality economic development in China.
description At present, the digital economy, which takes information technology and data as the key elements, is booming and has become an important force in promoting the economic growth of various countries. In order to explore the current dynamic trend of China's digital economy development and the impact of the digital economy on the high-quality economic development, this paper measures the digital economic development index of 30 cities in China from the three dimensions of digital infrastructure, digital industry, and digital integration, uses panel data of 30 cities in China from 2015 to 2019 to construct an econometric model for empirical analysis, and verifies the mediating effect of technological progress between the digital economy and high-quality economic development. The results show that (1) The development level of China's digital economy is increasing year by year, that the growth of digital infrastructure is obvious, and that the development of the digital industry is relatively slow. (2) Digital infrastructure, digital industry and digital integration all have significant positive effects on regional total factor productivity, and the influence coefficients are 0.2452, 0.0773 and 0.3458 respectively. (3) Regarding the transmission mechanism from the digital economy to the high-quality economic development, the study finds that the mediating effect of technological progress is 0.1527, of which the mediating effect of technological progress in the eastern, northeast, central and western regions is 1.70%, 9.25%, 28.89% and 21.22% respectively. (4) From the perspective of spatial distribution, the development level of the digital economy in the eastern region is much higher than that in other non-eastern regions, and the development of digital economy in the eastern region has a higher marginal contribution rate to the improvement of the total factor productivity. This study can provide a theoretical basis and practical support for the government to formulate policies for the development of the digital economy.
format article
author Wei Zhang
Siqi Zhao
Xiaoyu Wan
Yuan Yao
author_facet Wei Zhang
Siqi Zhao
Xiaoyu Wan
Yuan Yao
author_sort Wei Zhang
title Study on the effect of digital economy on high-quality economic development in China.
title_short Study on the effect of digital economy on high-quality economic development in China.
title_full Study on the effect of digital economy on high-quality economic development in China.
title_fullStr Study on the effect of digital economy on high-quality economic development in China.
title_full_unstemmed Study on the effect of digital economy on high-quality economic development in China.
title_sort study on the effect of digital economy on high-quality economic development in china.
publisher Public Library of Science (PLoS)
publishDate 2021
url https://doaj.org/article/b78e3b58c1b94c49a3dd1275d4f42eb3
work_keys_str_mv AT weizhang studyontheeffectofdigitaleconomyonhighqualityeconomicdevelopmentinchina
AT siqizhao studyontheeffectofdigitaleconomyonhighqualityeconomicdevelopmentinchina
AT xiaoyuwan studyontheeffectofdigitaleconomyonhighqualityeconomicdevelopmentinchina
AT yuanyao studyontheeffectofdigitaleconomyonhighqualityeconomicdevelopmentinchina
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