2022
DOI: 10.3390/su141811378
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Study on the Impact of the Digital Economy on the Upgrading of Industrial Structures—Empirical Analysis Based on Cities in China

Abstract: This paper used the entropy method to measure the comprehensive level of China’s urban regional digital economy development and measured the transformation and upgrading of industrial structures from both quantitative and qualitative dimensions. Based on the panel data of 271 prefecture-level cities in China from 2011 to 2018, this paper investigated the impact and transmission mechanisms of digital economy development on the transformation and upgrading of industrial structures through a fixed effects model, … Show more

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Cited by 47 publications
(33 citation statements)
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“…On the one hand, the digital economy promotes economic growth from the perspective of industrial structure, and research finds that the digital economy will bring industrial innovation effects, industrial integration effects, and industrial correlation effects and ultimately promote industrial restructuring, transformation, and upgrading [ 19 , 20 ]. Guan et al [ 21 ] pointed out that the digital economy can accelerate the transformation and upgrading of the industrial structure by stimulating regional innovation. On the other hand, the digital economy can promote macroeconomic growth by optimizing the allocation of factors and raising the level of total factor productivity (TFP).…”
Section: Literature Reviewmentioning
confidence: 99%
“…On the one hand, the digital economy promotes economic growth from the perspective of industrial structure, and research finds that the digital economy will bring industrial innovation effects, industrial integration effects, and industrial correlation effects and ultimately promote industrial restructuring, transformation, and upgrading [ 19 , 20 ]. Guan et al [ 21 ] pointed out that the digital economy can accelerate the transformation and upgrading of the industrial structure by stimulating regional innovation. On the other hand, the digital economy can promote macroeconomic growth by optimizing the allocation of factors and raising the level of total factor productivity (TFP).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Digital financial inclusion can relieve consumers from liquidity constraints through reasonable and efficient resource allocation [63]. Moreover, the expansion of consumer demand promotes the upgrading of the industrial structure and simultaneously narrows the urban-rural income gap [64][65][66].…”
Section: Transmission Mechanism: the Mediating Role Of Industrial Str...mentioning
confidence: 99%
“…Most of the relevant literature on the digital economy has observed it from three different perspectives-theory, mechanism, and realisation. This scope of literature has brought us a more extensive understanding of how the digital economy affects high-quality development [14,15], a circular and sustainable economy [16,17], green innovation [18,19], the transformation and upgrading of industrial structure [20,21], and total factor productivity [22]. Digitalisation brings opportunities as well as challenges, and digital technologies have contributed to a shift in household financial models and have required financial institutions to accelerate the pace of innovation to adapt to the changing environment [23].…”
Section: Literature Reviewmentioning
confidence: 99%