Digital Technology Innovation in Developing Countries and International Supply Risk Transmission—From the Perspective of Import Trade
Given the frequency of significant disasters throughout the world,preven-ting the worldwide transmission of risks from trading partners is a critical concern for de-veloping countries.Using import trade data from 42 developing countries from 2005 to 2021,this research investigates whether and how digital technology innovation in develo-ping countries reduces the transmission of international supply risk from trading partners.This research indicates that digital technology innovation in developing countries is condu-cive to alleviating international supply risks,and to promote stable growth of international trade.This conclusion still holds after controlling endogeneity and conducting robustness tests.Mechanism test shows that digital technology innovation mainly works through two channels:market screening effect and market switching effect.Heterogeneity analysis re-veals that external environments,such as the level of digital infrastructure construction and logistics infrastructure construction in developing countries,can give full play to the pre-ventive effect of digital technology innovation on international risk input.On the one hand,this study provides new ideas based on digital technology innovation for developing countries to formulate policies to avoid international supply risk transmission from trading partners,and on the other hand,this paper also provides an adequate explanation from the perspective of international trade to deeply understand the impact of digital technology in-novation on international supply risk transmission.
Digital Technology InnovationInternational Supply Risk TransmissionImport TradeMarket Adjustment
NETL
NSTL
万方数据
