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Digital economy development and industrial structure upgrading: Empirical evidence from inter-provincial panel data in China

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DOI: 10.23977/acccm.2024.060315 | Downloads: 10 | Views: 125

Author(s)

Gangzhen Wang 1, Jin Sun 1

Affiliation(s)

1 Anhui University of Finance and Economics, Bengbu, Anhui, China

Corresponding Author

Gangzhen Wang

ABSTRACT

Based on the panel data of 30 provinces in China from 2011 to 2021, this paper uses a two-way fixed effect model to explore the impact of digital economy development on industrial structure upgrading. It is found that the development of digital economy can promote the upgrading of industrial structure. The impact of the development of the digital economy on industrial structure upgrading is more obvious in the central and western regions. The development of the digital economy can promote t industrial structure upgrading by promoting the improvement of the level of scientific and technological innovation. Finally, the paper argues that it is necessary to promote the integration of digital technology development with traditional industries, provide policy support for the development of the digital economy, encourage the deep integration of scientific and technological innovation and industrial upgrading, and give full play to the comparative advantages of regions.

KEYWORDS

Digital economy, industrial structure upgrading, scientific and technological innovation

CITE THIS PAPER

Gangzhen Wang, Jin Sun, Digital economy development and industrial structure upgrading: Empirical evidence from inter-provincial panel data in China. Accounting and Corporate Management (2024) Vol. 6: 114-124. DOI: http://dx.doi.org/10.23977/acccm.2024.060315.

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