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Digital economy innovation, technological progress and Chinese industrial structure upgrading

In: Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)

Author

Listed:
  • Shuguang Feng

    (Harbin University of Commerce, School of Economics)

Abstract

Based on the panel data of 31 provinces in China from 2011 to 2020, this paper constructs a digital economy innovation system to measure the development level of digital economy innovation, and uses the mediation effect model to test the mechanism of digital economy innovation on industrial structure upgrading. The results show that: (1) there is a “U” shaped relationship between digital economy innovation and industrial structure rationalization, and an inverted “U” shaped relationship between digital economy innovation and industrial structure premiumization; (2) Digital economy innovation can significantly promote technological progress; (3) Digital economy innovation can promote the advanced industrial structure through technological progress, and does not have a significant transmission effect on the rationalization of the industrial structure. Based on this, the development of digital infrastructure should be coordinated in an overall manner, the construction of digital platforms should be promoted, and differentiated and flexible digital development policies should be formulated for different regions and industries.

Suggested Citation

  • Shuguang Feng, 2024. "Digital economy innovation, technological progress and Chinese industrial structure upgrading," Advances in Economics, Business and Management Research, in: Faruk Balli & Hui Nee Au Yong & Sikandar Ali Qalati & Ziqiang Zeng (ed.), Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023), pages 386-394, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-268-2_42
    DOI: 10.2991/978-94-6463-268-2_42
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