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Academic Journal of Business & Management, 2023, 5(6); doi: 10.25236/AJBM.2023.050617.

Research on the Impact of Digital Economy on Economic Growth in Late-developing Regions

Author(s)

Xiaoxuan Yuan

Corresponding Author:
Xiaoxuan Yuan
Affiliation(s)

Department of Economics and Management, Guangxi Normal of University, Guilin, China

Abstract

This paper measures the development level of digital economy in 18 provinces in the central and western China from 2011 to 2020, and describes the regional economic development level with the data of per capital GDP development level, and makes metrological analysis on this basis. The results show that the digital economy significantly promotes the economic growth of the central and western regions, and this conclusion is still true after replacing the robustness test of the explained variables and the heterogeneous test of the divided regions. Finally, this paper puts forward research and prospects for the implementation of digital economy development policies in the latecomer areas, which provides an empirical basis for local governments to improve relevant policies and measures.

Keywords

Digital economy, Economic growth in late-developing regions, High-quality development

Cite This Paper

Xiaoxuan Yuan. Research on the Impact of Digital Economy on Economic Growth in Late-developing Regions. Academic Journal of Business & Management (2023) Vol. 5, Issue 6: 114-121. https://doi.org/10.25236/AJBM.2023.050617.

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