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The Penetration of New Generation Information Technology and Sustainable Development of Regional Economy in China—Moderation Effect of Institutional Environment

Author

Listed:
  • Long Cheng

    (School of Economics and Management, Xi’an University of Posts and Telecommunications, Xi’an 710061, China)

  • Shiyuan Zhang

    (School of Economics and Management, Xi’an University of Posts and Telecommunications, Xi’an 710061, China)

  • Xuming Lou

    (School of Economics and Management, Xi’an University of Posts and Telecommunications, Xi’an 710061, China)

  • Yang Yang

    (School of Economics and Management, Xi’an University of Posts and Telecommunications, Xi’an 710061, China)

  • Weifeng Jia

    (School of Economics and Management, Xi’an University of Posts and Telecommunications, Xi’an 710061, China)

Abstract

Sustainable economic development is an important force to enhance the comprehensive national strength. It mainly depends on the breakthrough and innovation of science and technology. The new generation of information technology (NGIT) is the most active field in scientific and technological innovation. It is of great significance to deeply consider the relationship between the new generation of information technology and the sustainable development of a regional economy. In this study, 29 provinces and cities in China from 2009 to 2018 were selected and use the feasible generalized least squares (FGLS) method to empirically analyze the impact of the new generation of information technology on the sustainable development of regional economy. Simultaneously, it analyzes the differences between NGIT and economy sustainable development of the regional economy under different institutional environments. According to the research results, there is a positive correlation between new-generation information technology and the sustainable development of a regional economy. There is a positive U-shaped relationship between the penetration depth of NGIT and the sustainable development of a regional economy. Simultaneously, the higher the institutional environment’s level, the stronger the positive relationship between the penetration of NGIT and the sustainable development of a regional economy.

Suggested Citation

  • Long Cheng & Shiyuan Zhang & Xuming Lou & Yang Yang & Weifeng Jia, 2021. "The Penetration of New Generation Information Technology and Sustainable Development of Regional Economy in China—Moderation Effect of Institutional Environment," Sustainability, MDPI, vol. 13(3), pages 1-22, January.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:3:p:1163-:d:485409
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    References listed on IDEAS

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    1. Chun Yang & Haifeng Liao, 2010. "Industrial agglomeration of Hong Kong and Taiwanese manufacturing investment in China: a town-level analysis in Dongguan," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(3), pages 487-517, December.
    2. Lina Zhong & Xiaonan Li & Rob Law & Sunny Sun, 2020. "Developing Sustainable Urbanization Index: Case of China," Sustainability, MDPI, vol. 12(11), pages 1-23, June.
    3. Hui Zhang & Yuyao Qian & Liying Yu & Zheng Wang, 2020. "Integrated Development of Information Technology and the Real Economy in China Based on Provincial Panel Data," Sustainability, MDPI, vol. 12(17), pages 1-17, August.
    4. Soogwan Doh, 2020. "Social Entrepreneurship and Regional Economic Development: The Case of Social Enterprise in South Korea," Sustainability, MDPI, vol. 12(21), pages 1-20, October.
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    1. Yunwei Li & Qiuping Ji & Zijie Wang & Zishan Xiong & Simeng Zhan & Yiping Yang & Yu Hao, 2022. "Green energy mismatch, industrial intelligence and economics growth: theory and empirical evidence from China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(10), pages 11785-11816, October.
    2. Chen Cao & Xueyun Chen, 2021. "Can Industrial Integration Improve the Sustainability of Grain Security?," Sustainability, MDPI, vol. 13(24), pages 1-17, December.

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