Welcome to Francis Academic Press

Academic Journal of Business & Management, 2024, 6(3); doi: 10.25236/AJBM.2024.060304.

Research on the Impact of Digitization on the Economic Resilience of Cities

Author(s)

Zhang Jili1, Xiao Seshiqing2

Corresponding Author:
Zhang Jili
Affiliation(s)

1School of Economics and Management, Guangxi Normal University, Guilin, China

2School of Economics and Management, Guangxi Normal University, Guilin, China

Abstract

Based on the panel data of 285 prefecture-level and above cities in China from 2008 to 2021, this paper constructed a comprehensive evaluation index system of digitization and urban economic resilience, adopted the entropy weight TOPSIS for the processing, and used the panel fixed-effects model and mediated-effects model to explore the impact of the level of digitization development on the economic resilience of the city, and the results show that:(1) The benchmark test found that digitization has a significant positive impact on the improvement of urban economic resilience. (2) Heterogeneity analysis found that the development of digitization would show heterogeneity due to different geographic locations, city sizes, and city levels, and relatively speaking, the promotion effect of digitization development on urban economic resilience is larger in northeastern regions, small and medium-sized cities, and sub-provincial cities. (3) The mediation effect test finds that digitalization can enhance urban economic resilience through two paths: promoting innovation and entrepreneurship and improving social security. In summary, to better exert the positive effect of digitization on urban economic resilience, the relevant departments should actively promote the digital transformation of industries, and promote the integration and development of digitization with the real economy and the social security system to enhance urban economic resilience.

Keywords

Digitalization, Urban Economic Resilience, Mediating Effects

Cite This Paper

Zhang Jili, Xiao Seshiqing. Research on the Impact of Digitization on the Economic Resilience of Cities. Academic Journal of Business & Management (2024) Vol. 6, Issue 3: 32-46. https://doi.org/10.25236/AJBM.2024.060304.

References

[1] Cainelli G, Ganau R, Modica M. Industrial relatedness and regional resilience in the European Union [J].Papers in Regional Science, 2017, 98(2).

[2] Dawley S, Pike A, Tomaney J. Towards the resilient region? policy activism and peripheral region development[J].SERC Discussion Papers, 2010.

[3] Martin R, Sunley P, Tyler P. Local growth evolutions: recession, resilience and recovery[J]. Cambridge Journal of Regions, Economy, and Society, 2015, 8(2):141-148.

[4] Duranton G, Puga D. Diversity and Specialisation in Cities: Why, Where and When Does it Matter [J]. Urban Studies, 1999, 37(3).

[5] Boschma R. Towards an evolutionary perspective on regional resilience[J].Papers in Innovation Studies, 2014.

[6] He Guosheng, Yan Jiani. The impact of digital finance on the economic resilience of cities--an empirical analysis based on spatial econometric model[J]. Exploration of Economic Issues, 2023 ,(03):97-110.

[7] Wang Yanan, Tan Zhuohong, Zheng Lekai. Research on the impact of digital inclusive finance on social security[J]. Research on Quantitative and Technical Economics, 2020,37(07):92-112.

[8] MAO Fengfu,HU Chengchen,WEI Yafei. Digital industry development and urban economic resilience [J]. Financial Science, 2022,(08):60-75.

[9] Nathan Nunn†,Nancy Qian‡.Aiding Conflict: The Unintended Consequences of U.S. Food Aid on Civil War∗[J].[2024-03-05].http://econ.as.nyu.edu/docs/IO/18627/NunnQian_03222011.