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Literature Review Of The Impact Of Digital Economy On The Economic Growth And The Development Strategies In The Post-Covid-19 Era

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  • MATEI CERNAIANU A D

    (FACULTY OF LAW AND ECONOMIC SCIENCES TARGU JIU, TITU MAIORESCU UNIVERSITY OF BUCHAREST, ROMANIA)

Abstract

The digital economy is considered an effective measure to mitigate the negative economic impact of the coronavirus disease 2019 (COVID-19) outbreak. However, few studies have assessed the role of the digital economy on the economic growth of countries along the Belt and Road and the impact of COVID-19 on their digital industries. This study constructs a comprehensive evaluation index system and applies a panel data regression model to empirically analyze the impact of the digital economy on the economic growth of countries along the "Belt and Road" before COVID-19. The main mechanism of action is to promote the modernization of industrial structure, overall planning of employment and adjustment of employment structure. In addition, COVID-19 has boosted the demand of the digital industry in general, and the impact on the demand side is much greater than that on the supply side. Propose a development strategy to bridge the "digital divide" of the countries along the "Belt and Road” and strengthen the role of the digital economy in the post-COVID-19 era on industrial modernization, employment, and trade.

Suggested Citation

  • Matei Cernaianu A D, 2023. "Literature Review Of The Impact Of Digital Economy On The Economic Growth And The Development Strategies In The Post-Covid-19 Era," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 129-133, February.
    • Handle: RePEc:cbu:jrnlec:y:2023:v:1:p:129-133
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    1. Hongbo Duan & Shouyang Wang & Cuihong Yang, 2020. "Coronavirus: limit short-term economic damage," Nature, Nature, vol. 578(7796), pages 515-515, February.
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