Digital Economy,Circulation Efficiency,and High-Quality Development of Manufacturing
Currently,China's manufacturing industry faces numerous opportunities and challenges in achieving high-quality development.In the digital economy era,the digital transformation of manufacturing and circulation industries is an inevitable trend.As the circulation industry connects both ends of production and consumption,im-proving circulation efficiency becomes a crucial development path.This paper selects 30 provinces nationwide from 2011 to 2020 as research subjects.From the perspective of circulation efficiency,it constructs an indicator system for digital economy and high-quality development of manufacturing,exploring the influence mechanism and paths of the digital economy on high-quality development of manufacturing in China.The research results show that the digital economy has a significant promoting effect on the high-quality development of manufacturing,and this con-clusion still holds after endogeneity treatment and robustness tests.Heterogeneity analysis indicates that the promo-ting effect of the digital economy on high-quality manufacturing development is significant in China's western and eastern regions.In terms of influence mechanisms,the digital economy indirectly promotes high-quality manufac-turing development by enhancing circulation efficiency.Therefore,to promote high-quality development of China's manufacturing industry,efforts should be made to strengthen the development of the digital economy,enhance cir-culation efficiency,and reinforce regional coordination and cooperation to achieve complementary advantages.
digital economycirculation efficiencyhigh-quality development of manufacturing industry
NETL
NSTL
万方数据
