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Analysis on the influence mechanism of business environment optimization on consumption upgrading

In: Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)

Author

Listed:
  • Yichun Zhang

    (Northwest University for Nationalities)

  • Ruiqi Li

    (Northwest University for Nationalities)

Abstract

Based on the panel data of 31 provinces and cities in China from 2017 to 2020, the impact of business environment on consumption structure is analyzed as an explanatory variable. Through empirical analysis, the indicators of business environment and consumption upgrading are subdivided and tested, and the influencing mechanism between the two is studied. The results show that the development of business environment has a significant driving effect on China's consumption upgrading at the national level, and the human environment has a significant role in promoting consumption upgrading in the four sub-environments. After heterogeneity analysis and testing, this paper concludes that the impact of business environment on consumption upgrading index and consumption upgrading is positive in both the eastern region and the central and western regions, but the improvement of business environment in the eastern region has a greater impact on consumption upgrading.

Suggested Citation

  • Yichun Zhang & Ruiqi Li, 2024. "Analysis on the influence mechanism of business environment optimization on consumption upgrading," Advances in Economics, Business and Management Research, in: Radulescu Magdalena & Bootheina Majoul & Satya Narayan Singh & Abdul Rauf (ed.), Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024), pages 999-1007, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-459-4_111
    DOI: 10.2991/978-94-6463-459-4_111
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