Research on the Impact of Digital Economy on Total Factor Productivity in China

Pan, Wenrong; Xie, Tao; Wang, Zhuwang; Ma, Lisha

doi:10.2139/ssrn.3868020

Cited by 3 publications

(4 citation statements)

References 25 publications

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“…The process of the digital economy formed by digital technology combined with economic development and its integration function is socially recognized, forming a siphon effect of human capital and providing a guarantee for the manpower base of R&D investment. The development of the digital economy enhances social innovation participation, innovation vitality, and the innovation talent pool, which in turn increase R&D investment, and R&D activities bring technological progress [49]. China has been emphasizing increasing R&D investment, with all 30 of its provinces increasing their R&D investments between 2006 and 2017.…”

Section: Digital Economy Randd Investment and Regional Green Innovationmentioning

confidence: 99%

Digital Economy, R&D Investment, and Regional Green Innovation—Analysis Based on Provincial Panel Data in China

et al. 2022

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The digital economy plays an important role in promoting regional green innovation. Based on the panel data of 30 provincial administrative regions in mainland China (except Tibet) from 2011 to 2018, this paper constructs a comprehensive development index of the digital economy and explores the potential path of the digital economy affecting regional green innovation through factor analysis and regression analysis. The results show the following: Firstly, the digital economy can effectively promote regional green innovation capability. The causal relationship is mainly realized through scientific research funds and human resources. Secondly, in terms of regional heterogeneity, the role of the digital economy in promoting green innovation and R&D investment in eastern China is stronger than that in central and western China. Thirdly, further analysis showed that the digital economy has a significant nonlinear influence on regional green innovation capability. This feature is mainly reflected in the influence of R&D personnel on regional green innovation. Therefore, the rational allocation of R&D resources is conducive to the development of regional green innovation. Finally, it is suggested to improve the two mechanisms of R&D funds and personnel investment to actuate regional green innovation development.

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Section: Digital Economy Randd Investment and Regional Green Innovationmentioning

confidence: 99%

Digital Economy, R&D Investment, and Regional Green Innovation—Analysis Based on Provincial Panel Data in China

et al. 2022

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“…The evaluation of the development level of the digital economy in China is roughly the same, the most important is to evaluate the development level of digital infrastructure or Internet, and then measure the output or transaction related to digital (J. Liu et al, 2020), the application of digital technology (Wan & Luo, 2022), and digital financial inclusion (T. Zhao et al, 2020). To sum up, this paper argues that the digital economy is an economic activity that takes data as the core and relies on Internet technology to promote industrial digitization and digital industrialization, so as to improve efficiency and optimize economic structure.…”

Section: Literature Review On the Digital Economymentioning

confidence: 99%

The Impact of Digital Economy on the High Quality Development of Agricultural Enterprises: Evidence From Listed Agricultural Enterprises in China

Ma,

Wang

2024

Sage Open

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As the most active field in China’s economic development, the digital economy is crucial to the high-quality development of enterprises. Taking Chinese-listed agricultural enterprises as research samples, this paper discusses the effect of the digital economy on promoting the high-quality development of agricultural enterprises and the mechanism behind it from the perspective of total factor productivity of enterprises. The study found that the digital economy significantly promoted the improvement of total factor productivity of agricultural enterprises and enabled the high-quality development of agricultural enterprises, and this conclusion remained valid after controlling for endogeneity and conducting robustness tests. In terms of action mechanisms, the digital economy is conducive to promoting green innovation and promoting the high-quality development of agricultural enterprises; However, entrepreneurial activity has a masking effect. Further analysis shows that the digital economy plays a more significant role in promoting non-resource-intensive agricultural enterprises located in northern China. At the same time, the higher the industrial structure and financial development level of the region, the more positive impact the digital economy can play. This study verifies the impact mechanism of the digital economy on the high-quality development of agricultural enterprises and provides enlightenment for China’s the digital economy policy-making and enterprises’ the high-quality development strategy decision-making.

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“…The White Paper on China's Digital Economy Development and Employment (2019) identified "digital industrialization" and "industry digitization" as key characteristics of China's digital economy. Yang and Jiang (2021) developed an indicator system for the digital economy's development level using principal component analysis.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Based on Yang (2021), this paper uses the entropy method to construct a comprehensive measurement index system for the digital economy with 31 indicators in eight dimensions, including electronic information manufacturing, infrastructure, software and information technology service industries, tertiary industries, agriculture, infrastructure investment and digital talents. As an objective weighting method, the entropy method can largely avoid subjective and objective limitations in determining weights and can effectively solve the problem of overlapping information among multi-index variables.…”

Section: Variable Descriptionmentioning

confidence: 99%

Digital economy and regional innovation: unveiling the spatial dynamics and human capital influence in China

Bu,

Yu,

2024

DPRG

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Purpose The paper aims to examine the digital economy's influence on China's regional innovation and development. It focuses on direct effects and spatial spillover across regions, and the mediating role of human capital. This analysis is vital for policy and strategic planning in the digital era. Design/methodology/approach This study uses panel data from 30 Chinese provinces (2004–2019) and uses the entropy method to quantify the digital economy's development. It investigates its impact on regional innovation using a dynamic spatial Durbin model (SDM) and mediation effect model, assessing direct effects, spatial spillover and human capital's mediating role. Various control variables are included for comprehensive analysis. Findings Findings show the digital economy significantly boosts regional innovation, acting as a growth driver. However, impacts vary regionally, with the central region gaining more than the eastern and western areas. Spatial spillover effects are mixed, showing negative short-term and positive long-term impacts under different weight matrices. Human capital is crucial for fostering innovation through the digital economy. Originality/value The paper offers unique insights into the spatial dynamics of the digital economy's impact on regional innovation in China. It advances understanding of the digital economy's role in regional development using innovative methods like the entropy method and dynamic SDM. Highlighting human capital as a key mediating factor enriches discussions on digital economy strategies for regional innovation.

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Research on the Impact of Digital Economy on Total Factor Productivity in China

Cited by 3 publications

References 25 publications

Digital Economy, R&D Investment, and Regional Green Innovation—Analysis Based on Provincial Panel Data in China

Digital Economy, R&D Investment, and Regional Green Innovation—Analysis Based on Provincial Panel Data in China

The Impact of Digital Economy on the High Quality Development of Agricultural Enterprises: Evidence From Listed Agricultural Enterprises in China

Digital economy and regional innovation: unveiling the spatial dynamics and human capital influence in China

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