Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)

Digital Economy Promotes the Upgrading of The Manufacturing Industry: Influence Path and Empirical Analysis Based on Provinces in China

Authors
Xuanyang Zhang1, *
1HKU Business School, The University of Hong Kong, Pokfulam Road, Hong Kong, China
*Corresponding author. Email: zxyhku@connect.hku.hk
Corresponding Author
Xuanyang Zhang
Available Online 15 October 2023.
DOI
10.2991/978-94-6463-272-9_14How to use a DOI?
Keywords
Digital Economy; Manufacturing Industry; Influence Path; Empirical Analysis
Abstract

This paper conducts empirical research by utilizing panel data from 30 provinces in China spanning the years 2011 to 2020. The primary objective is to examine the impact of the digital economy on the upgrading of the manufacturing industry. To achieve this, the study employs fixed effect models for rigorous analysis and inference. The results show that the development of the digital economy can significantly enhance the upgrading of the manufacturing industry. Moreover, further examination shows that the impact of the digital economy on the manufacturing industry has heterogeneity characteristic. The effect of the digital economy is the best in East region, while the effect in other regions is not significant.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
15 October 2023
ISBN
10.2991/978-94-6463-272-9_14
ISSN
2352-5428
DOI
10.2991/978-94-6463-272-9_14How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Xuanyang Zhang
PY  - 2023
DA  - 2023/10/15
TI  - Digital Economy Promotes the Upgrading of The Manufacturing Industry: Influence Path and Empirical Analysis Based on Provinces in China
BT  - Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)
PB  - Atlantis Press
SP  - 127
EP  - 137
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-272-9_14
DO  - 10.2991/978-94-6463-272-9_14
ID  - Zhang2023
ER  -