Coupling Coordination Development of Digital Economy and Real Economy and Their Interactive Influence
In the context of the booming development of digital economy,how to better promote the deep integration and development of digital economy and real economy is a highly practical research topic.This paper selects China's urban data from 2011-2021 to analyze the coordinated and coupling relationship between digital economy and real economy,and uses the panel simultaneous equation model to empirically test the interaction between the two.The research results show that the coupling coordination degree between China's digital economy and real economy is on the rise,and it is manifested in a development pattern of high in the east and low in the west,with urban agglomerations as the core radiation area and provincial capital cities as the key radiation points.There can be significant interaction between the digital economy and real economy within the same city,with the empowering effect generated by digital economy being stronger.Further utilizing the spatial three-stage regression method(GS3SLS)and constructing a spatial panel simultaneous equation model,it is found that the interactive effects of digital economy and real economy not only exist within the same city,but also have significant positive spillover effects on neighboring cities through spatial effects.
digital economyreal economycoupling coordination degreeinteractive influencepanel simultaneous equation model