Digital Economy Development,Industrial Structure Transformation and Labor Income Share Improvement:The Adjustment Perspective Based on Human Capital
A multi-sector general equilibrium model is constructed to integrate the digital economy,industrial structure and labor income share into a unified analysis framework,and sort out the theoretical mechanism of how the development of digital economy affects the industrial structure and thus endogenously determines the labor income share.Quantitative simulation shows that the development of digital economy can promote industrial structure transformation,but the direction of influence on labor income share depends on the level of human capital.Further empirical test based on panel data of 286 cities in China shows that the development of digital economy in China can significantly promote industrial structure transformation,but it is not conducive to the increase of labor income share.The improvement of human capital can drive the digital economy to give play to the effectiveness of balancing the dual goals of structural transformation and common prosperity.This conclusion is still valid after a series of robustness tests.In addition,the heterogeneity test shows that the influence of digital economy development on industrial structure transformation and labor income share and the moderating role of human capital exhibit imbalanced characteristics.This paper provides inspiration for fully tapping the potential of digital economy,strengthening the leading role of human capital,and coordinating efforts to pursue the industrial structure transformation and labor income share improvement.
Digital Economy DevelopmentIndustrial Structure TransformationLabor Income ShareHuman CapitalCommon Prosperity
NETL
NSTL
万方数据
