Analysis of the Impact and Mechanism of Digital Economy on Economic Resilience——Empirical Study Based on Prefecture-level City Data
As China's economy enters a strategic period of high-quality development,it is of great practical importance to enhance the resilience of economic development.This paper examines the impact of urban digital economy development on urban economic resilience using the sample of 290 prefecture-level cities from 2004 to 2020,and conducts detailed endogeneity treatments,robustness tests,and mechanism analysis.The study finds that:(1)Urban digital economy development can significantly improve urban economic resilience,and this positive effect only exists in cities in the central region.(2)Urban digital economy development improves the economic resilience through increasing R&D innovation,promoting in-dustrial restructuring and upgrading,and increasing the employment of highly skilled labor.(3)The em-pirical results remain robust after taking into account endogeneity issues,outlier effects,and replacement of key variables.This paper reveals the impact and mechanism of urban digital economy development on urban economic resilience,which not only provides a strong complement to existing research but also pro-vides a new factual reference for ensuring digital economy development and improving economic resilience.