The Influence of Digital Economy Development and Household Consumption Upgrading on Industrial Structure Upgrading

Abstract

Data elements have become one of the important factors of production. This paper uses the panel data from 10 provinces in China from 2022 to 2023 for empirical analysis, studies the impact of digital economy on the upgrading of industrial structure, and analyzes how the digital economy promotes the upgrading of industrial structure from the perspective of residents' consumption. The results show that the development of digital economy has a significant positive effect on the industrial structure upgrading, and the effect of digital economy after the threshold value; the development of digital economy can promote the industrial structure upgrading by promoting the consumption upgrading; the effect of digital economy on promoting the industrial structure upgrading decreases from the west to the east.