Entering the era of digital economy, China's digital economy is developing rapidly and expanding in scale, and it is becoming an important engine to pull economic growth. This paper firstly analyses the impact of the digital economy on economic growth through demand expansion and supply expansion theoretically, and then empirically tests it by constructing a two-way fixed-effects model based on the panel data of 30 provinces from 2013 to 2021. The results show that the digital economy has a significant role in promoting China's economic growth; there is regional variability in the impact of the digital economy on economic growth, and the degree of its influence on economic growth is in the order from smallest to largest in the central region, the western region, and the eastern region. Therefore, in order to better develop the digital economy to promote China's economic growth, it is necessary to strengthen the construction of digital economic infrastructure, enhance the level of digital technological innovation, and at the same time, to formulate development policies according to local conditions and promote the coordinated development of the digital economy region.

Dongxue Wang. Impact of digital economy on economic growth. Academic Journal of Business & Management (2023) Vol. 5, Issue 24: 152-159. https://doi.org/10.25236/AJBM.2023.052422.

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