The Effect Mechanism of Digital Economy Empowering Rural Revitalization

Abstract

Based on the panel data of 30 regions in China from 2011 to 2021, this paper establishes an index system of digital economy and rural revitalization, measures the level of digital economy and rural revitalization in each region, and deeply analyzes the impact of digital economy on rural revitalization by using two-way fixed effect model and intermediary effect model. It is found that digital economy can significantly promote rural revitalization, and this result is still valid after robustness test and endogenous test; The digital economy mainly affects the dimension of residents' "affluent life" in rural revitalization; The development of digital economy can promote rural revitalization by improving the basic transportation level, residents' living standards and expanding the scale of agricultural economy.