Analysis on the Impact of the Digital Economy on the Level of Social Security Development in Cities of China
The digital economy injects new vitality into social and economic development.Social security concerns people's livelihood,and the development of the digital economy thus is a new opportunity for the devel-opment of social security.Using the panel data of 248 cities in China from 2011 to 2022,we explore the impact of digital economy development on the level of urban social security development.The relationship between the two is analyzed in depth by establishing a bidirectional fixed effect model and a mediated effect model.The study shows that digital economic development can significantly improve the level of urban social security devel-opment;meanwhile,the heterogeneity analysis indicates that there are some differences in digital economic de-velopment on the level of urban social security in different regions,different periods and different policy dimen-sions.Further mechanism tests show that digital economic development can promote the level of urban social se-curity through improving the level of education and employment.Therefore,it is suggested that the digital econ-omy should be vigorously developed and the construction of digital infrastructure be strengthened so as to pro-mote the development of urban social security.
digital economysocial securityeducation levelsemployment levelsbidirectional fixed effect