Does the Development of the Digital Economy Improve Employment Stability?
With the continuous advancement of digitalization,the digital economy has gradually become a new driving force leading the development of the society and economy.Under the current economic situation,does the development of the digital economy contribute to the improvement of the em-ployment stability of residents?Based on the theoretical framework,this article analyzes the impact of the digital economy on the employment stability of residents,which includes two channels:On the one hand,the digital economy reduces information asymmetry in the job market,improves the skill matching degree of employment positions,and thus enhances employment stability;on the other hand,the intervention of digital technology may replace some labor force,leading to an increase in voluntary or involuntary turnover rate and a decrease in employment stability.The empirical results based on the CFPS data show that,under the combined effect of these two factors,the development of the digital economy has a positive impact on the stable em-ployment of residents,and this conclusion remains robust after changing measurement of the indicators,excluding the influence of other events,and u-sing instrumental variables.The result of the mechanism analysis shows that both employment matching efficiency and labor substitution channels exist,but the significance and robustness of the latter mechanism are weaker.That is,the channel of improving employment matching efficiency is more likely to play a dominant role and bring positive effects on the employment stability.
digital economyemployment stabilitymatching efficiencylabor substitution
国家科技期刊平台
NSTL
万方数据
维普
