The Impact of Government Financial Support on Digital Economy: The Moderating Role of Industrial Structure

International Journal of Academic Research in Business and Social Sciences, Journal Year: 2025, Volume and Issue: 15(1)

Published: Jan. 13, 2025

This research explores how government financial support impacts the growth of digital economy, emphasizing influence industrial structure as a moderating factor and variation across different regions. Analyzing panel data from 30 Chinese provinces (2013–2022), Two-Way Fixed Effects (TWFE) model demonstrates that fiscal expenditures on science technology significantly boost economic growth. Robustness tests confirm reliability these findings, endogeneity issues are addressed by utilizing lagged an instrumental variable. The analysis identifies regional disparities, with eastern region demonstrating most pronounced policy effects, followed central western regions, reflecting variations in infrastructure resource utilization. Furthermore, effect underscores higher share tertiary sector strengthens effectiveness support, need for optimizing structures. These findings provide valuable insights promoting balanced sustainable growth, addressing inequalities, advancing modern system.

Language: Английский

The impact of digital infrastructure on urban total factor carbon emission performance: evidence from enterprise production and household consumption in China

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 13

Published: Jan. 31, 2025

Digital infrastructure, serving as the fundamental carrier of data elements, allows China to balance economic growth with reduced carbon intensity, opening new pathways for sustainable development globally. This study employs a Difference-in-Differences (DID) approach investigate impact digital infrastructure on urban total factor emission performance, and extend research perspective micro level, focusing mechanisms involving household consumption enterprise production. The results demonstrate that (1) can enhances performance by promoting green product innovation enterprises changing consumers’ patterns (2) Heterogeneity analysis indicates cities higher income educational levels among residents experience more significant improvement in infrastructure’s varies when combined characteristics technological capabilities, non-state-owned high-tech having relatively carbon-saving effects. this paper emphasize role micro-subjects process affecting total-factor which has important theoretical practical significance guiding future policies strategies.

Language: Английский