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Academic Journal of Business & Management, 2023, 5(22); doi: 10.25236/AJBM.2023.052223.

Theoretical analysis of the influence of digital economy on interprovincial trade in frontier areas

Author(s)

Yanhong Li

Corresponding Author:
Yanhong Li
Affiliation(s)

School of Economics, Guangxi University, Nanning, China

Abstract

With the rapid development of information technology, the digital economy has shown a strong driving ability and is regarded as an engine of economic growth. Compared with the traditional economic model, digital economy is the manifestation of the marketization and industrialization of information technology revolution. It can play a role in various links such as production, circulation and consumption, and improve the speed of information transmission, reduce data processing and transaction costs, optimize resource allocation, and has a natural connection with trade. This paper theoretically discusses the influence and function mechanism of digital economy on the existence of domestic trade in border areas, and believes that digital economy can promote the trade between border areas and the mainland by breaking trade barriers, reducing trade costs, expanding the trading market and improving the level of innovation. This research highlights the importance of the development of digital economy in theory, but also helps to give full play to the location advantages of the border areas and the outside, and provide certain empirical evidence for accelerating the construction of a domestic unified market.

Keywords

Digital Economy, Frontier Trade, Inter-provincial Trade

Cite This Paper

Yanhong Li. Theoretical analysis of the influence of digital economy on interprovincial trade in frontier areas. Academic Journal of Business & Management (2023) Vol. 5, Issue 22: 164-170. https://doi.org/10.25236/AJBM.2023.052223.

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