Impact of Digital Economy on the Income Gap Between Urban and Rural Residents
This article measures the development of digital economy of 29 provinces by using principal component analysis from 2004-2019.From the perspective of the circulation industry,the relationship between digital economy and the urban-rural income gap and its influential mechanism are empirically analyzed by fixed-effects model,mediating-effects model,and panel threshold model.The finding displays that the development of the digital economy has a significant positive impact on the urban-rural income gap.The digital economy can minish the urban-rural income gap by promoting the development of the circulation industry,and this positive role is more prominent with the development of the circulation industry.
digital economycirculation industryurban-rural income gap