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Digitalization and urban economic sustainability: The role of the government and foreign direct investments

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  • Zhong, Huilan
  • Ma, Zhentao

Abstract

Sustainable development of emerging countries has received significant attention in recent years. This study examines how digitalization affects economic sustainability. Based on city-level empirical evidence, this study finds a significant positive association between the usage of digital technology and economic sustainability. Furthermore, we identify that local government and foreign direct investment can amplify the positive relationship between digitalization and economic sustainability. Overall, this study complements the extensive research on digital economy and economic sustainability.

Suggested Citation

  • Zhong, Huilan & Ma, Zhentao, 2024. "Digitalization and urban economic sustainability: The role of the government and foreign direct investments," Finance Research Letters, Elsevier, vol. 66(C).
    • Handle: RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324006391
    DOI: 10.1016/j.frl.2024.105609
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    References listed on IDEAS

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    More about this item

    Keywords

    Government; Economic development; Digital transformation; FDI;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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