Journal of Applied Economic Research
ISSN 2712-7435
Analysis of Regional Differences and Influencing Factors of China's Digital Economy Development
Sergey A. Belozyorov, W. Wang, Y. Liu
St. Petersburg State University, St. Petersburg, Russia
Abstract
With the emergence of the digital wave, the problem of regional imbalance in the development of China's digital economy remains serious. The purpose of this research is to scientifically construct a system of indicators of China's digital economy development level and to dissect the spatial and temporal evolution characteristics of China's digital economy development. The hypothesis is that the larger the comprehensive index of digital economy development level, the higher the level of digital economy development, the larger the Gini coefficient, the more obvious the difference in digital economy development level. The innovation is the construction of an evaluation index system for digital economy development level, the measurement of China's digital economy development level, and the analysis of the differences between the three regions. The theoretical significance is that it enriches the evaluation index system of China's digital economy development level and provides theoretical support. The practical significance is that it promotes the realization of high-quality economic and social development in China. The results of the research show that overall, the level of China's digital economy development is steadily increasing, but the phenomenon of inter-regional differences is evident, while the degree of variation is gradually decreasing. In terms of the driving factors, the level of economic development, industrial structure, intellectual property protection and technological development all contribute significantly to the development of the level of the digital economy, while government intervention inhibits the development of the digital economy.
Keywords
digital economy development level; regional differences; Gini coefficient; Tobit model; indicator system.
JEL classification
С54, Е65References
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Acknowledgements
The reported study "Improvement of Insurance Coverage of the Population under Biological Threat" was funded by Saint Petersburg State University” Pure ID: 92423693.
About Authors
Sergey Anatolievich Belozyorov
Doctor of Economics, Professor, Head of the Department of Risk Management and Insurance, St. Petersburg State University, 7-9 Universitetskaya Emb., e-mail: s.belozerov@spbu.ru
Wentao Wang
Postgraduate student of the Risk Management and Insurance Department, St. Petersburg State University, 7-9 Universitetskaya Emb, ORCID0000-0003-3067-6186; e-mail: wwtsen@126.com
Yali Liu
Postgraduate student of the Department of Statistics, Accounting and Audit, St. Petersburg State University, 7-9 Universitetskaya Emb, ORCID 0000-0002-8915-6006; e-mail: 18193158922@163.com
For citation
Belozyorov S.A., Wang W., Liu Y. Analysis of Regional Differences and Influencing Factors of China's Digital Economy Development. Journal of Applied Economic Research, 2022, Vol. 21, No. 3, 486-513. DOI: 10.15826/vestnik.2022.21.3.017.
Article info
Received April 4, 2022; Revised May 18, 2022; Accepted June 20, 2022.
DOI: http://dx.doi.org/10.15826/vestnik.2022.21.3.017
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