Impacts of Regional Digital Economy Level on the Transformation and Upgrading of Manufacturing Industry
Transformation and upgrading is an important grip for the high-quality development of the manu-facturing industry,and the digital economy provides key support and core kinetic energy.Based on 30 inter-pro-vincial panel data,the study constructed a regional digital economy evaluation index system from four dimen-sions,including digital infrastructure construction,digital industrialization application,industrial digital integra-tion and digital innovation capacity.Furthermore,with a fixed-effect model it examined the impact of the devel-opment of regional digital economy on the transformation and upgrading in manufacturing industry and the media-tion mechanism.The results show that the development of digital economy has a significantly positive effect on the transformation and upgrading of the industry,and digital integration of industry plays the dominant role.Through the analysis of mediating mechanism,the results show that the development of digital economy can indi-rectly promote the transformation and upgrading of manufacturing industry by improving human capital and con-sumption demand.
development of digital economymanufacturing industrytransformation and upgradingfixed effect