HOW CAN DIGITAL ECONOMY DEVELOPMENT EMPOWER HIGH-QUALITY ECONOMIC DEVELOPMENT?

被引:22
作者
Chen, Wen [1 ]
DU, Xiaoyu [2 ]
Lan, Wei [3 ]
Wu, Weili [4 ]
Zhao, Murong [5 ]
机构
[1] Nanjing Agr Univ, Coll Finance, 1 Weigang, Nanjing 210095, Jiangsu, Peoples R China
[2] Tencent Res Inst, 5-F, Block,China Technol Exchange Bldg,66 North 4t, Beijing 100080, Peoples R China
[3] Southwestern Univ Finance & Econ, Sch Stat, 555 Liutai Ave, Chengdu 611130, Sichuan, Peoples R China
[4] Cent Univ Finance & Econ, Sch Finance, 39 Xueyuan South Rd, Beijing 100081, Peoples R China
[5] Wuhan Univ, Econ & Management Sch, 16 Luojia Mt, Wuhan 430072, Hubei, Peoples R China
基金
中国国家自然科学基金;
关键词
digital economy; TFP; innovation and entrepreneurship; active government; effective; market; judicial protection; TECHNOLOGY;
D O I
10.3846/tede.2023.18784
中图分类号
F [经济];
学科分类号
02 ;
摘要
The role of the digital economy in economic transformation is increasingly prominent. This paper empirically examines how the digital economy affects TFP and its mechanism using Chinese provincial panel data. The results show that the impact of the digital economy on regional TFP is U-shaped. Further studies show that digital economy development may improve regional TFP through two channels: stimulating innovation and promoting entrepreneurship. In addition, we also discuss the role of active government, effective market, and high-level judicial protection in digital economic policies improving economic growth. Based on our research results, we put forward some policy recommendations.
引用
收藏
页码:1168 / 1194
页数:27
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