The logic and countermeasures of digital trade leading the high-quality development of manufacturing industry——Verification from the perspective of the Yangtze River Delta
This study investigates the direction and pathways through which digital trade influences the high-quality development of the manufacturing sector,using 41 prefecture-level cities in the Yangtze River Delta as samples from 2010 to 2022.Employing a multi-dimensional comprehensive evaluation index system,the entropy method was applied to assess the levels of high-quality development in both digital trade and the manufacturing sector within these cities.A two-way fixed effect model was then used to analyze how digital trade enhances the quality of manufacturing development through the transformation of new and old growth drivers and consumption upgrading.The robustness of these findings was confirmed by varying measurement methods and regression models,using lagged variables,changing sample groups,performing dimensional regression,and applying the instrumental variable method and high-dimensional fixed effect method.Additionally,a multi-period difference-in-differences approach was employed to examine the policy impact of the"cross-border e-commerce pilot"on manufacturing's high-quality development.The study reveals that digital trade significantly fosters the high-quality development of the manufacturing sector.The primary channels through which digital trade positively impacts manufacturing include the industrial structure upgrading effect,technological innovation effect,and human capital improvement effect.Moreover,the establishment of cross-border e-commerce notably promotes high-quality manufacturing development,with this effect exhibiting marginal growth over time.The findings suggest that the Yangtze River Delta region should enhance collaborative innovation,jointly address critical shared technological challenges,and advance digital infrastructure to bridge regional disparities,thereby achieving high-quality manufacturing development through the constant integration of digital trade with the manufacturing sector.
digital trademanufacturinghigh-quality developmentYangtze River Deltacross-border e-commerce