Impact of Digital Economy Optimizing Economic Momentum from the Perspective of Institutional Quality:Shandong Economic Momentum Conversion as an Example
Taking the sample data of Shandong new and old kinetic energy conversion comprehensive experimental area as an example,the system quality threshold effect model is constructed to test the impact of the integration of digital economy,in-dustrial structure and endowment structure on economic kinetic energy under the two paths of"skill transformation"and"skill innovation".It is found that the effect of industrial structure on the total kinetic energy is stable under various mod-els.The upgrading of industrial structure is more conducive to promoting the growth of kinetic energy,and the rationalization of industrial structure will inhibit the growth of kinetic energy;The positive impact of digital economy on the upgrading of in-dustrial structure is greater than the negative impact on the rationalization of industrial structure;The transmission path of institutional quality is different from the integration path of digital economy,which has different effects on the upgrading and rationalization of industrial structure,and has different effects on economic kinetic energy.Financial deepening in institution-al variables has significant threshold effects under different transmission paths.From the perspective of the policy mix con-ducive to the growth of total kinetic energy,under the path of skill transformation,the integration of the digital economy and R & D during the policy contraction period is more conducive to the growth of total kinetic energy.Under the path of skill innovation,the integration of the digital economy and capital elements in the policy expansion period is more conducive to the growth of total kinetic energy,and the integration of the digital economy and highly educated human capital in the policy con-traction period is more conducive to the growth of total kinetic energy.
system qualitydigital economyeconomic momentumindustrial structureendowment structure