How the Digital Economy Enables Regional Sustainable Development Using Big Data Analytics

Abstract

The development of the cultural industry cannot be isolated from the efficient integration with the digital economy and digital technology at the current stage of the technological and industrial revolution. This paper constructs an indicator system to measure the sustainable development of the cultural industry and tests the relationship between the digital economy and the sustainable development of the cultural industry using an OLS model based on China’s provincial panel data from 2011 to 2021. The findings of this study suggest that the digital economy can significantly aid in the long-term growth of cultural companies. The process of promoting sustainable development of the cultural industry through the digital economy has also advanced thanks to the government’s strong support. This report also suggests governmental recommendations based on these findings for the sustainable development of China’s cultural industry in the age of the digital economy. This paper theoretically elucidates the mechanism of the role of the digital economy on the sustainable development of the cultural industry, constructs a system of indicators to measure the sustainable development of the cultural industry, and tests the impact of the digital economy on the sustainable development of the cultural industry.

How the Digital Economy Empowers the Structural Upgrading of Cultural Industries—An Analysis Based on the Spatial Durbin Model

“…Research on cultural industries can be summarized from both macro and micro perspectives. From the macro level, cultural industries have a huge contribution to the national economy and even the global economy as a whole [1,4,[38][39][40][41]. The development of artistic industries is also strongly associated with the state of the local economy and cultural resources, and the level of innovation efficiency of cultural industries is much greater in the central and eastern regions than in the central and western regions due to regional differences [42].…”

Boosting Regional Sustainability under Digital Economy Environment: Exploring the Moderating Role of Digital Finance in China

“…Furthermore, there are many studies that have focused on the role of the digital economy in sustainable development, innovation, economic development, etc. [38][39][40][41][42][43]. The current study provided some helpful insights; however, there are still some unanswered questions that need to be addressed.…”