Download pdf
Research on the Role of Digital Economy in Industrial Structure Optimization –Evidence from China's Provincial Panel
- 1 Beijing Wuzi University
- 2 Beijing Wuzi University
- 3 Beijing Wuzi University
* Author to whom correspondence should be addressed.
Abstract
The development of digital economy not only promotes economic growth, but also promotes the optimization and development of industrial structure. Using the panel data of 31 provinces provided by China Statistical Yearbook, this paper constructs two indicators of digital economy and industrial structure optimization, and uses two-way fixed effect model to study the impact effect, heterogeneity analysis and mechanism analysis of digital economy on industrial structure optimization. The research shows that the development of digital economy has significantly optimized the industrial structure; In different regions of China, the role of digital economy in the optimization of industrial structure is different. The improvement of innovation level and social division of labor will significantly promote the optimization effect of digital economy on industrial structure. The results of this study show that it is necessary to further promote the integration of digital economy and the traditional three industries, and give full play to the enabling role of digital economy with higher quality. We should pay attention to the different impacts of digital economy on industrial structure optimization in different regions and take measures according to local conditions. It is necessary to refine the social division of labor in the region and strengthen the regional innovation ability, so as to give full play to the optimization efficiency of digital economy on industrial structure.
Keywords
digital economy, optimization of industrial structure, social division of labor, ability to innovate
[1]. Wang, J. & Zhou, Shengjia. The current situation, characteristics and spillover effect of China's digital industry development [J]. Journal of Quantitative & Technical Economics, 2021,38(03): 103-119.
[2]. ZHANG X W. Research on the evolution of innovation mode under the condition of digital economy. Economist, 2019,No.247(07):32-39.
[3]. Cao Zhengyong. Research on the new manufacturing mode to promote the high-quality development of China 's industry under the background of digital economy [ J ].Theoretical discussion, 2018 (02):99-104.
[4]. Liu Yang, Chen Xiaodong. The Impact of China 's Digital Economy Development on Industrial Structure Upgrading [J].Economic and Management Research, 2021,42 ( 08 ) : 15-29
[5]. Li Zhiguo, Che Shuai, Wang Jie. Digital economy development and industrial structure transformation and upgrading: based on the heterogeneity test of 275 cities in China [J]. Journal of Guangdong University of Finance and Economics, 2021,36(05):27-40.
[6]. Zuo, P., Jiang, Q. & Chen, J. The development of Internet, Urbanization and the Transformation and upgrading of China's Industrial Structure [J]. Journal of Quantitative & Technical Economics, 2020,37(07):71-91.
[7]. Qian Chunhui, Zheng Ruogu, Yu model. The impact of China 's industrial structure change on economic growth and volatility [ J ].Economic Research, 2011,46 (05):4-16.
[8]. Zhao, T., Zhang, Z. & Liang, S. K. Digital economy, entrepreneurial activity and high-quality development: empirical evidence from Chinese cities [J]. Management World, 2020,36(10):65-76.
[9]. Nunn, N.and N. Qian. U.S. Food Aid and Civil Conflict[J]. American Economic Review，2014，104(6):1630-1666.
[10]. Yiming, Weng Liying, Xu Changsheng. Financial friction, innovation and entrepreneurship, and economic growth-from the perspective of division of labor [J].World Economic Exchange, 2019, No.251 (04):1-17.
Cite this article
Wang,B.;Yang,J.;Che,H. (2023). Research on the Role of Digital Economy in Industrial Structure Optimization –Evidence from China's Provincial Panel. Advances in Economics, Management and Political Sciences,44,63-72.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).