High-quality Digital Economy Accelerates the Development of New Quality Productive Forces:Based on Data of 31 Provinces,Autonomous Regions and Municipalities
In recent years,the digital economy has developed rapidly and played an increasing role in promoting new quality productive forces.Based on the panel data of 31 provinces,autonomous regions,and municipalities in China from 2012 to 2022,this paper conducts an empirical study on the development of new quality productive forces under the digital economy.It finds that the digital economy significantly promotes the development of new quality productive forces.It not only directly promotes the new quality productive forces in various provinces,autonomous regions,and municipalities but also indirectly provides material basis for the development of new quality productive forces by improving technological innovation.However,there is regional heterogeneity in the influence of the digital economy on new quality productive forces,showing a significant effect in the eastern and central regions,but a small influence in the western region.With the wide application of new technologies such as artificial intelligence,big data,Internet of Everything,and blockchain,the development of new quality productive forces requires overall optimization and continuous independent innovation.A high-quality digital economy accelerating the development of new quality productive forces requires not only the continuous efforts in the fields of independent innovation in science and technology and the cultivation of digital talents but also the coordinated development of the eastern,central,and western regions.Accelerating the development of high-quality digital economy,strengthening investment in digital education,and promoting the coordinated development of productive forces in the central and western regions are the key strategies to promote new-quality productive forces.
new quality productive forcesdigital economytwo-way fixed-effects modelregional heterogeneity