Research on the Influence Path of Digital Economy to Promote Common Prosperity Development:Based on Shandong Province Panel Data and Geographical Regression Weighted Model
The rapid development of the digital economy has promoted the improvement of economic efficiency,which in turn has an impact on the development of regional common prosperity.This paper aims to analyze the relationship between the digital economy and common prosperity development by utilizing panel data from cities in Shandong Province from 2015 to 2021.The study measures the level of digital economy development and common prosperity,constructs an econometric model to analyze the impact of digital economy on common prosperity development.Additionally,the study employs the moderating effect and geographically weighted regression model to analyze the path and regional differences of digital economy on common prosperity development.The findings reveal significant re-gional differences in the development of digital economy and common prosperity in Shandong Province.The digital economy has a posi-tive effect on the development of common prosperity as it can promote the development of regional common prosperity through the upgra-ding of industrial structure,the improvement of residents'income levels,and the enhancement of information infrastructure.Based on these findings,the paper proposes policy suggestions to improve the construction of information infrastructure,promote the integration of the digital economy and industrial development,and strengthen the coordinated development within and between regions.
common prosperitydigital economyGRWregulating effect