A Study on the Labor Reallocation Effect of Digital Consumption
Optimizing labor resource allocation is a high-quality solution to enhance total factor productivity under the trend of demographic dividend fading.This paper incorporates digital consumption into a multi-sectoral competitive equilibrium resource mismatch framework,and empirically examines the non-linear impact and mechanism of digital consumption on labor resource mismatch represented by the platform economy with the help of theoretical models.The study shows that,firstly,the scale of digital consumption has a significant"inverted U-shaped"nonlinear impact on the mismatch of labor resources,and China's digital consumption is already in the optimization stage of labor reallocation,which is still a robust conclusion after a series of tests.Second,the impact of digital consumption on labor resource mismatch shows significant heterogeneity with different geographic locations,environmental regulations and capital allocation efficiency.Third,the marketization process,industrial agglomeration and government economic objectives are important mechanisms to regulate the"inverted U-shaped"nonlinear relationship between the scale of digital consumption and the mismatch of labor resources.Among them,the deepening of the marketization process causes the pole point to shift to the right and strengthens the nonlinear relationship;the increase of the industrial agglomeration level and the government's economic objectives shifts the pole point to the left and weakens the nonlinear relationship.The research results enrich the theory of labor reallocation in the digital era,and propose new solutions and new ideas for the development of new quality productivity.
Digital ConsumptionPlatform EconomyLabor MisallocationResource Reallocation