Research on the Impact of China's Digital Economy on Income Distribution Based on A DCGE Model
Digital technology has emerged as a pivotal force in modern economic development,with the digital sector increasingly becoming a foundational,strategic,and leading component of the national economy.This paper develops a Social Accounting Matrix(SAM)that incorporates the digital economy and constructs a Dynamic Computable General Equilibrium(DCGE)model to simulate the effects of the digital economy's development on income distribution.The findings reveal that a higher degree of corporate digitalization correlates with a lower share of traditional labor remuneration and a higher share of digital labor remuneration.Furthermore,the study indicates that the progression of digitalization results in an"inverted U-shaped"relationship both in the total income of workers and the income disparities across industries.The research identifies two distinct phases of digital economy development,namely initial development period and maturation stage,each characterized by unique attributes.
Dynamic Computable General Equilibrium ModelDigital EconomyIncome Distribution