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How Does the Digital Economy Drive High-Quality Regional Development? New Evidence From China

Author

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  • Ying Guo
  • Fuxin Jiang

Abstract

The digital economy, which boasts general technology, intense penetration, platform ecology, and low marginal cost, is a product of advanced digital technology. This new engine has become a driving force for high-quality economic development. From the three aspects of development momentum, efficiency, and structure, this paper profoundly explores internal mechanisms to lead the high-quality growth of the regional economy. By constructing an econometric model, the influence effect and means of the digital economy on the high-quality development of the regional economy are empirically tested. The digital economy and its three sub-dimensions can significantly promote the high-quality development of the regional economy. However, industrial digitalization has the most vital role in promoting it. The digital economy has shown a more vital promotion role in the central and western regions and provinces with low total factor productivity, and it can indirectly impact high-quality economic development by promoting dynamic, efficient, and structural changes.

Suggested Citation

  • Ying Guo & Fuxin Jiang, 2024. "How Does the Digital Economy Drive High-Quality Regional Development? New Evidence From China," Evaluation Review, , vol. 48(5), pages 893-917, October.
    • Handle: RePEc:sae:evarev:v:48:y:2024:i:5:p:893-917
    DOI: 10.1177/0193841X231213128
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