Information Consumption and Digital-real Integration:Empirical Evidence from National Information Consumption Pilots
Taking the national information consumption pilot policy as an opportunity,this paper empirically examines the im-pact of information consumption on digital-real integration using data from 284 cities from 2011-2021.Results show that pilot cities for information consumption have a significant impact on promoting the integration of the digital economy with the real economy,compared to pilot cities that do not implement information consumption.Mechanism test shows that informa-tion consumption mainly from the supply and demand sides to promote the deep integration of digital and real,supply-side to enhance the level of digital technology and demand-side to expand market demand is an important channel of its impact on the integration of digital and real.Heterogeneity analysis shows that the digital-real integration effect of information con-sumption is more sensitive among regions with high market dynamics,non-resource-based cities,and those with commer-cial credit advantages.
information consumptiondigital-real integrationsupply and demandmarket demand
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万方数据
