A Study on the Mechanism and Effect of High-quality Development of Digital Economy Promoting Common Prosperity
LI Hongbing1, ZHANG Shaohua1, ZHU Tingjun2
1. School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing 1000876, China; 2. School of Economics and Management, Lanzhou Jiaotong University, Lanzhou 730070, China
Abstract Based on the provincial panel data from 2010 to 2020 and the micro data of China Family tracking Survey (CFPS), this paper analyzes the mechanism and effect of high-quality development of digital economy on common prosperity on the basis of constructing provincial high-quality development indicators of digital economy and common prosperity indicators covering affluence and sharing dimensions respectively. The empirical results indicate that the high-quality development of the digital economy has significantly promoted common prosperity by addressing growth and distribution issues. After the endogenous and multiple robustness tests, the conclusion remains robust. Heterogeneity analysis shows that the effect of high-quality development of digital economy in promoting common prosperity is more significant in the areas east of Heihe-Tengchong Line and in areas with medium level of common prosperity. And the above effects are mainly achieved through the mechanism of improving the level of human capital and expanding investment in public services. Further expansion research shows that the high-quality development of digital economy not only has a positive spatial spillover effect on the level of common prosperity in neighboring areas, but also promotes the flow of low-income families to middle-income families, which is conducive to the realization of Expand the scale of middle-income groups and increase the income of low-income groups. The above conclusions provide theoretical support and empirical evidences for the practice of promoting common prosperity with the high-quality development of digital economyin the new development stage.
LI Hongbing,ZHANG Shaohua,ZHU Tingjun. A Study on the Mechanism and Effect of High-quality Development of Digital Economy Promoting Common Prosperity. Economic Survey, 2023, 40(6): 0121.
2023, Vol. 40 
