Digital Economy,Factor Marketization and Industrial Structure Transformation and Upgrading
As a high integration,high synergy,high growth,and high-tech economic form,the digital economy provides new driving force for the transformation and upgrading of industrial structure.Based on panel data from 10 national level urban agglomerations in China from 2009 to 2021,the relationship among digital economy,factor marketization,and industrial structure upgrading are examined using a dual fixed effects model.The results show that,both digital economy and factor marketization can promote the transformation and upgrading of industrial structure,and factor marketization plays a mesomeric effect in the process of digital economy promoting industrial structure upgrading.Different types of digital economy have a positive promoting effect on the upgrading of industrial structure in various urban agglomerations,and at the spatial level,there is a trend shows as"eastern region>central region>northeast region>western region".Compared to large cities,the marketization of factors in small and medium-sized cities has a stronger promoting effect on industrial structure upgrading,while the digital economy has a smaller promoting effect on industrial structure upgrading.In addition,there is a significant single threshold effect of industrial digitization on the transformation and upgrading of industrial structure,that is,when the threshold value is reached,industrial digitization can significantly promote the upgrading of industrial structure.On the basis,it is necessary to build a new ecosystem for the development of digital economy,develop new mechanism for market-oriented allocation of layout elements,build a new pattern of regional collaborative development,so as to provide new ideas for the transformation and upgrading of industrial structure.
digital economyfactor marketizationindustrial structure transformation and upgradingdigital industrializationindustry digitization