Can Industrial Digitalization Boost a Consumption-Driven Economy? An Empirical Study Based on Provincial Data in China DOI Creative Commons

Hanzi Chen,

Yue Liu, Z. Wang

et al.

Journal of theoretical and applied electronic commerce research, Journal Year: 2024, Volume and Issue: 19(3), P. 2377 - 2399

Published: Sept. 7, 2024

A consumption-driven economy refers to an economic growth model primarily driven by domestic consumption and is a common goal for the of various countries. To explore impact industrial digitalization on economy, this paper conducts empirical study based data from 31 provinces in China 2013 2021. The test results indicate: first, significantly promotes development mainly reflected improvement foundation levels, but shows no significant effect improving structure. Second, mechanism analysis show that can promote fostering innovation advancing Third, heterogeneity reveal promotion exists only eastern central not western China, indicating underdeveloped areas cannot exert positive economy.

Language: Английский

Can Industrial Digitalization Boost a Consumption-Driven Economy? An Empirical Study Based on Provincial Data in China DOI Creative Commons

Hanzi Chen,

Yue Liu, Z. Wang

et al.

Journal of theoretical and applied electronic commerce research, Journal Year: 2024, Volume and Issue: 19(3), P. 2377 - 2399

Published: Sept. 7, 2024

A consumption-driven economy refers to an economic growth model primarily driven by domestic consumption and is a common goal for the of various countries. To explore impact industrial digitalization on economy, this paper conducts empirical study based data from 31 provinces in China 2013 2021. The test results indicate: first, significantly promotes development mainly reflected improvement foundation levels, but shows no significant effect improving structure. Second, mechanism analysis show that can promote fostering innovation advancing Third, heterogeneity reveal promotion exists only eastern central not western China, indicating underdeveloped areas cannot exert positive economy.

Language: Английский

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