Research on the Impact of Digital Economy Development on the Efficiency of Modern Circulation in China
The smooth modern circulation system is an important link in building a dual-cycle system domestically and in-ternationally.Empowering the modern circulation industry with the digital economy is a key step to improve circulation efficiency and promote dual circulation.Based on the provincial panel data of China from 2012 to 2021,this study uses a double fixed-ef-fects model to analyze the impact of digital economy development on the efficiency of modern circulation.The results show that the development of the digital economy has significantly improved the efficiency of modern circulation in China,and the improve-ment effect is more significant in the central and western regions.Further research reveals that the digital economy indirectly im-proves the efficiency of modern circulation in China by optimizing consumption structure,and there is a single threshold effect of the digital economy on the improvement of modern circulation efficiency.The research conclusion provides a theoretical basis for strengthening the digital construction in the central and western regions of China,promoting the optimization of consumption structure,and tapping the potential of digital economic development.It is of great significance to improve circulation efficiency and build a high-level modern circulation industry.
Digital economyEfficiency of modern circulationConsumption StructureThreshold effect
NETL
NSTL
万方数据
