Digital Economy,Consumption Boosting and Real Economic Development:With an Analysis of Consumption Heterogeneity and the Threshold Effect of Population Size
Using the panel data of 30 provinces in China from 2013 to 2021,this paper empirically analyzes the impact of digital economy on the development of real economy from the perspective of consumption boost,and examines the threshold effect of consump-tion heterogeneity and population size.The results show that the digital economy has a significantly positive driving effect on the develop-ment of the real economy,and this effect is stronger in the central and western regions.The mechanism test shows that the digital economy can drive the development of real economy by boosting household consumption.However,further analysis of consumption heterogeneity shows that in the urban-rural heterogeneity,digital economy can better promote the consumption level of rural residents.A-mong the heterogeneous consumption types,the digital economy has a significantly positive boost to the subsistence consumption of residents.The extended research finds that in different stages of regional population size,the positive promotion effect of digital economy on the real economy is significant at low population size,but not significant at high population size.
Digital economyReal economyConsumption boostResidents'consumptionPopulation size