Study on the Impact of the Digital Economy on Regional Innovation Capacity - The Threshold Effect based on the Level of Infrastructure Development

Yuyao Ren

《Frontiers in Economics and Management》 4卷7期 (2023/07) Pp. 109-121

https://doi.org/10.6981/FEM.202307_4(7).0014

摘要

The digital economy has gradually become a new engine to enhance regional innovation and promote high-quality economic development. This paper explores the impact of the digital economy on regional innovation capacity based on panel data of 30 provinces across China from 2012 to 2018. The research results show that the digital economy can promote regional innovation capacity. Heterogeneity analysis shows that the effect of the digital economy on the enhancement of regional innovation capacity differs in the eastern, central and western regions, and the effect of the digital economy on the enhancement of regional innovation capacity is more significant in the eastern region. Further analysis shows that there is an obvious single-threshold effect of the level of infrastructure construction on the impact of digital economy development on regional innovation capacity, and the positive impact of the digital economy on regional innovation capacity gradually increases as the level of infrastructure construction development rises in stages.

關鍵字

Digital Economy ； Regional Innovation Capacity ； Level of Infrastructure Development ； Threshold Effect

參考文獻

Hansen B E. Threshold effects in non-dynamic panels:Estimation, testing, and inference[J].Journal of Econometrics,1999,93(2) :345-368.

China Academy of Information and Communication Research. White Paper on Digital Economy Development and Employment in China (2021), 2021.

Zhang Hui, Yi Jinbiao, Xu Jianxin. Study on the spatial spillover effect of digital economy on regional innovation efficiency - based on the perspective of factor market allocation [J/OL]. Securities Market Herald:1-10.

Yu Boyang. The digital economy, market-based factor allocation and regional innovation capacity[J]. Economy and Management,2022,36(02) :36-42.

Deng F., Feng F. B., Yang S. D.. Market segmentation, digital economy and regional innovation efficiency[J]. Statistics and Decision Making,2022,38(09) :17-20.