This study aims to explore the impact of the digital economy on common prosperity. For this reason, a bidirectional fixed effect model based on panel data of 30 provinces (cities and autonomous regions) in China is empirically tested. The results show that the digital economy can significantly improve the level of common prosperity, and has a positive impact on green and sustainable economic activities such as promoting environmental improvement, coping with climate change and resource conservation and efficient utilization, which is still valid after a series of robustness tests. It also demonstrates the role of green finance as a partial intermediary in the process of shared prosperity and as a negative regulator of environmental pollution. Analysis of regional heterogeneity shows that the enabling effect of the digital economy on common prosperity is more significant in eastern and central provinces, but not significant in western provinces. The results of this study have some reference significance for some countries, where the gap between rich and poor has widened during the epidemic, to narrow the income gap and provide ideas for the parties that made commitments at the Glasgow Climate Summit (COP26) to curb warming and reduce CO2 emissions. That is, continuous improvement of digital infrastructure; emphasis on the intermediary role of green finance and the negative regulating role of local environmental pollution levels; following the relative comparative advantages of regions and formulating differentiated policies for the development of the digital economy, etc.
This study conduct regressions of panal data with OLS and test with IV, empirically examines the COVID-19 epidemic's impact on the import of medical products from China from the perspective of the importing countries, exporting country, and other trading partners, and analyzes the inter-temporal impact across different product categories. The empirical results reveal that, in importing countries, the COVID-19 epidemic increased the import of medical products from China. In China, as an exporting country, the epidemic inhibited the export of medical products; by contrast, for other trading partners, it promoted the import of medical products from China. Among them, key medical products were most affected by the epidemic, followed by general medical products and medical equipment. However, the effect was generally found to wane after the outbreak period. Additionally, we focus on how political relations shape China's medical product export pattern and how the Chinese government is using trade means to improve external relations. In the post-COVID-19 era, countries should prioritize the stability of supply chains for key medical products and actively engage in international cooperation on health governance to further combat the epidemic.
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