Integration of Digital Economy and Real Economy for High-Quality Economic Development:Factor-based and Technology-based Integration
Promoting the in-depth integration of digital economy and real economy is an inevitable choice for China's e-conomic development,and it is of great significance to explore whether digital-real integration can improve the quality of economic development,in order to shape China's economic development model.This paper examines the impact of digit-al real integration as a whole,as well as factor-based digital real integration and technology-based digital real integration on the quality of economic development,based on the Chinese provincial and municipal panel data from 2011 to 2022.It is found that both digital integration as a whole and its sub-types can significantly contribute to the high-quality devel-opment of the economy,and the positive impact of factor-based digital integration on the quality of the economy is greater than that of technology-based digital integration.It is further found that both digital integration as a whole and sub-types of digital integration can promote the quality of economic development through the two channels of alleviating the distor-tion of factor market allocation and promoting technological innovation.Based on this,this paper puts forward the follow-ing policy recommendations:(1)Accelerate the construction of a system to stimulate the development of digital-real in-tegration;(2)formulate differentiated policies according to local conditions,and selectively prioritise the development of factor-based digital-real integration or technology-based digital-real integration;(3)enhance the level of marketisation and optimise the business environment;(4)intensify the technological innovation of the whole society and optimise the innovation environment.
万方数据
维普
