Development Of Digital Economy Research Articles

The Impact of the Digital Economy on Employment Scale in the Yangtze River Delta Region

Abstract Employment is the greatest livelihood and the most basic support for economic development. In recent years, the scale and scope of digital economy has expanded dramatically, triggering revolutionary changes in employment patterns. Especially in the Yangtze River Delta region. This paper is based on panel data of 41 prefecture level cities in the Yangtze River Delta region from 2011 to 2021. Firstly, the fixed-effects regression model is used to empirically analyze the impact of the digital economy on the employment scale in the YRD region, and the intermediary mechanism model is further used to verify the role of industrial structure upgrading in the digital economy's impact on the employment scale. The study finds that: The digital economy has significantly expanded the employment scale in the YRD region, indicating that the employment creation effect is greater than the employment substitution effect. In the heterogeneity analysis, this impact is more significant in the central cities of the YRD region, areas with higher levels of urbanization and well-developed digital infrastructures. The digital economy can promote the optimization and upgrading of the employment market in the YRD region through the upgrading of the industrial structure, expanding the scale of employment, optimizing the employment structure. Keywords: Digital economy development, Yangtze River Delta region, Employment scale, Industrial structure upgrade.

The Impact of Artificial Intelligence Development on Urban Energy Efficiency—Based on the Perspective of Smart City Policy

China’s economy is stepping into a new stage of high-quality development. The shift not only marks the optimization and upgrading of the economic structure, but also reflects the in-depth implementation of the concept of sustainable development. In this context, the development of AI technology is playing an important role in balancing economic growth and ecological protection with its unique advantages. This paper empirically studied the impact of AI development on urban energy efficiency by constructing panel data for 282 prefecture-level cities from 2006 to 2019 and then using the super-efficiency SBM model based on non-expected outputs to evaluate the urban energy efficiency indicators of prefecture-level cities. It was discovered that the development of AI had a key influence on increasing urban energy efficiency and the optimization of the energy structure by speeding up green technology innovation and digital economy development, which in turn improved urban energy efficiency. In terms of heterogeneity analysis, AI development had a greater impact on urban energy efficiency in the eastern region, which has higher levels of human capital, financial independence, and government intervention. This study combined the smart city pilot policy with a multi-period DID model, based on the treatment of endogeneity issues, in order to perform a parallel trend test and investigate further the effects of policy implementation on the advancement of AI in the context of improving urban energy efficiency. Accordingly, to achieve green and sustainable urban development, the relevant government departments should increase funding for AI research and development, pay attention to the introduction and cultivation of professionals, establish a platform for international exchanges and cooperation between AI and energy management, and continue to advocate for the pilot development of smart cities to increase urban energy efficiency.

The internal mechanism and impact of digital economy on China's smog pollution: based on the perspective of industrial structure coordination

ABSTRACT This study adopts an industrial structure coordination perspective to elucidate the theoretical mechanism through which digital economy (DE) development influences smog pollution (SP), and employs panel data encompassing 214 cities at the prefecture level and above in China over the period 2010–2019 to empirically examine this relationship. The findings reveal the following: (1) Industrial structure rationalisation (ISR) and advancement (ISA) positively contribute to the nexus between DE and governance in SP. Nevertheless, ISR stands amenable for refinement. (2) Despite regional variations in economic development planning and competitive investment behaviours, DE consistently hampers the SP of adjacent cities, contingent on diverse geographical weights. (3) Augmentation in science and technology expenditure and human capital levels enhances the environmental governance effect of the DE.

How has the rural digital economy influenced agricultural carbon emissions? Agricultural green technology change as a mediated variable

Digital economy is being closely integrated with agricultural development and tapping into its unique potential to alleviate agriculture’s carbon emissions To explore the mechanism of how digital economy reduce the agricultural carbon emissions, this paper constructs a systematic evaluation method with extend STIRPAT model and panel data drawn from 29 provinces (or municipalities and autonomous regions) in the Chinese mainland from 2013–2020. The results show that the development of the rural digital economy has a significant negative influence on agricultural CEs, and this result is still valid given robustness tests. Second, the alleviation of CEs based on the rural digital economy is more significant in the higher technological investment zones than that in the lower technological investment zones, and the central and eastern regions also have more significant CEs reduction effect. Third, the influence mechanism analysis shows that agricultural green technology change is an effective means to promote the rural digital economy’s CEs reduction effect. This paper not only provide new empirical evidence for understanding nexus between digital economy and agricultural carbon reduction, but also give constructive policy implication to improve agricultural green development.

Digital Economy and Sustainable Development: Insight From Synergistic Pollution Control and Carbon Reduction

Digital Economy and Sustainable Development: Insight From Synergistic Pollution Control and Carbon Reduction

Improvement of financial reporting of organisations in the conditions of digital economy development

The purpose of the study is to investigate the current trends in the development of financial reporting of entities in the context of digitalisation of the economy both at the domestic and global level. The prospects of using XBRL (eXtensible Business Reporting Language) as the main digital format for presenting business reporting were analysed.Methodology. In the work on this article were applied such scientific methods as analysis, collection and processing of primary data, statistical observation and comparison, comparative methods.Originality / value of the study - The study is of value and originality in the context of formation and presentation of financial statements in the Republic of Kazakhstan. The author's approach to this process is unique and has the potential to improve the efficiency and transparency of financial reporting in the country.Results of the study - The results of the study provide valuable information that can be used by various financial market stakeholders, namely national financial regulators in making decisions to develop and improve policies and regulations; to help investors make informed investment decisions; international financial market participants, forecasting currency fluctuations and making strategic decisions; professional associations.

TRENDS IN THE DIGITAL TRANSFORMATION OF UKRAINE'S ECONOMY IN THE CONTEXT OF WAR

Influenced by the processes of global digital transformation and the requirements set by the European Union in the context of European integration, the Ukrainian economy, even before the full-scale invasion, was focused on the development of digital technologies that allow increasing the level of production automation and labour productivity, reducing costs, increasing revenues, improving competitiveness and realising other benefits of digitalisation. At the same time, during the war, the role of digital technologies is growing, turning into a flexible tool that ensures the economic sustainability of Ukraine. Despite the considerable attention of researchers to the problems of building Ukraine's digital economy in wartime, the key features and trends of its development require a more detailed study, taking into account the challenges and tasks that arise in martial law and can be quickly and effectively addressed with the help of digital technologies. In this regard, the study of the specifics of the development of digital transformation of the economy in order to achieve Ukraine's strategic goals in wartime deserves special attention. The subject of the study is the process of digital transformation of Ukraine's economy in wartime. The purpose of the study is to analyse the features and trends in the development of Ukraine's digital economy, taking into account the challenges and needs of wartime, and to propose ways of post-war recovery. The study of the problem was carried out with the use of a combination of general scientific and modern research methods, among which the main ones are the method of system analysis (when studying the approaches and points of view of domestic and Western scientists), economic and statistical (to determine the trends in the development of the digital economy in Ukraine), analysis and synthesis (when studying the types of digital economy), graphic (to visualize a number of theoretical and practical provisions of the article). The purpose of the article is to study the peculiarities of development of Ukraine's digital economy in the context of current challenges caused by the war. The authors emphasises that digitalisation processes are important for the restoration and development of the national economy and for increasing the country's competitiveness. The importance of further development of the digital economy is determined not only in the context of war, but also to overcome its consequences in the period of post-war recovery. Conclusions. Digital technologies have a significant potential to restore the national economy and accelerate economic development, as they can facilitate the transition from the use of material to information resources, reduce production costs, create new technological products and bring them to the global market, increase the country's competitiveness, etc. In addition, digital technologies can accelerate Ukraine's economic development both during the war and in the period of post-war reconstruction. This contribution is supported by the research work of the Department of Accounting and Taxation of the National University Zaporizhzhia Polytechnic 05711 "Modern concepts and practice of development of accounting, auditing and taxation in the context of economic globalization".

Research on the Development of Digital Economy in Shanxi Province in the Era of Artificial Intelligence

With the development of a new round of scientific and technological revolution and industrial transformation, new information technologies such as 5G technology, big data and artificial intelligence have become an important driving force to promote the development of digital economy. In the context of the era of artificial intelligence, Shanxi Province, as a relatively latecomer in the economic development of domestic provinces, should seize the opportunity to keep up with the trend of The Times. Through the analysis of some data of Shanxi's digital economy in recent years and the comparison with other provinces, it is found that Shanxi has some problems in digital infrastructure, industrial digitization, digital industrialization and digital government construction. With artificial intelligence as the background, through investigation, literature and other methods to accelerate the construction of digital infrastructure, expand the scale of digital industrialization, implement industrial digital transformation projects, and strengthen the construction of digital government as basic measures, Shanxi can realize the rapid development of digital economy. These measures are of great significance for Shanxi Province to formulate corresponding measures from the perspective of problems in the process of digital economy development, so as to achieve industrial transformation and high-quality economic development

Digital economy and China’s path to common prosperity

The digital economy has emerged as an important force driving China’s economic development. However, little is known about its income distributive impact. This issue is even important in the context of China’s path to common prosperity, in which reducing income inequality is essential. This study combines the “Broadband China” strategy as a proxy variable for digital economic development with data from the China Family Panel Studies (CFPS) and identifies a highly significant impact of digital economy development on household income growth through a Difference-in-Differences (DID) setting. Digital economy particularly promotes the income growth among rural residents which means that the digital economy will contribute to the common prosperity. Further analysis shows that the underlying mechanisms through which the digital economy helps achieving the common prosperity involve the stimulation of agricultural production among rural residents, facilitation of non-agricultural employment opportunities for rural residents, and promotion of financial investments within rural households. These findings underscore the pivotal role of the digital economy in narrowing the income gap between urban and rural residents and fostering common prosperity.

Research on the spatial effect of digital economy development on urban carbon reduction

Cities are one of the main sources of regional carbon emissions, and reducing urban carbon emission is the key to reducing emissions. The digital economy has transformed the economic operation mode, and it is a significant approach to support the “dual carbon goals” (carbon peaking and carbon neutrality). This article considers the externalities of the digital economy and carbon emissions. And we use spatial econometric models to analyze the effectiveness of digital economy in empowering carbon emissions reduction. Besides, we explore the static and dynamic spillover effects, and use spatial Durbin panel quantile model to analyze the digital economy’s heterogeneity on carbon emissions. Research has shown that the digital economy has a remarkable carbon reduction effect, and the conclusion remains valid after considering robustness tests such as replacing the weight matrices, calculation methods, and proxy variables. The analysis of static and dynamic spillover effects indicates that the degree of the digital economy’s impact on carbon emissions are significantly different. Heterogeneity analysis shows that as the digital economy develops from a low level to a high level, its impact on carbon emissions also shifts from positive promotion to negative suppression. This paper proposes a policy reference to help the development of digital economy and promote carbon neutrality in the face of severe environmental challenges.

Digital economy, innovation, and firm value: Evidence from China

In this study, we investigate the impact of the digital economy's development on corporate innovation and value, utilizing data from listed firms in China spanning the years 2011 to 2018. Our findings reveal a positive correlation between digital economy development and corporate innovative activities, particularly pronounced in growth-stage firms, labor-intensive enterprises, and companies in underdeveloped regions. To establish a causal relationship, we employ a quasi-experimental approach utilizing the “Broadband China” pilot program. Through a difference-in-difference framework, we establish a causal link between digital economy advancement and increased innovative activities. Furthermore, our research underscores that digital economy development enhances firm value by promoting innovation. These results support the view that the digital economy plays a pivotal role in increasing firm value and fostering sustainable development in the overall economy.

Comparative Study on the Digital Economy Development Based on TOPSIS Comprehensive Evaluation: A Case Study of the Middle and Lower Reaches of the Yangtze River

Promoting the digital economy in the middle and lower reaches of the Yangtze River can not only boost the development of e-commerce, energy science and technology and other industries, but also pave the theoretical way for the digital economy development in various regions, so as to further provide an important practical basis for achieving high-quality economic growth. In this paper, seven provinces in the middle and lower reaches of the Yangtze River are taken as the research objects. Meanwhile, the development and different trends of the digital economy in each region are quantitatively analyzed and compared to propose suggestions for better development of the digital economy in the middle and lower reaches of the Yangtze River. On this basis, this paper first constructs the evaluation and measurement model of the digital economy development, and then gives the weights to the relevant indices through the analytic hierarchy process. After that, the regions in the middle and lower reaches of the Yangtze River are scored and compared via the TOPSIS comprehensive evaluation, which identifies that the mobile phone penetration, the number of Internet broadband access ports and the telecom business income are vital indices to accelerate the digital economy development. Finally, this paper argues that governments should increase investment in digital infrastructure construction and promote the deep integration of digital technology and industry.

Can digital economy development contribute to urban carbon emission reduction? - Empirical evidence from China

In the context of global digitalization, fostering the expansion of the digital economy holds immense importance in promoting energy efficiency and reducing emissions. Utilizing a sample of 281 prefecture-level cities in China from 2003 to 2019, this research analyzes the impact of the digital economy on urban carbon emissions in China. This study employs various methods, including principal component analysis, fixed-impact model, and mediating effect model. Based on the research findings, the development of the digital economy has the potential to significantly reduce carbon emissions in metropolitan areas. Moreover, these effects are especially noticeable in cities located to the east of the Hu Huanyong Line. These cities are characterized by limited reliance on resources and a high level of marketization. Further research reveals that promoting technical innovation and modernizing industrial structures can reduce the intensity of carbon emissions in metropolitan areas. This study provides empirical evidence supporting the effective reduction of carbon emissions in developing countries during the evolution of the digital economy. It acts as a crucial cornerstone for guiding policies and executing strategies aimed at fostering top-tier economic development in the future. The findings of this study confirm the inhibitory effect of the digital economy on urban carbon emission intensity. However, this study has limitations in data samples, research scope, and depth of mechanism analysis, which prevent a full exploration of the spatial spillover effect of the digital economy and other factors. Therefore, the conclusions drawn in this study can only provide empirical evidence for identifying the relationship between the digital economy and carbon emission intensity to a certain extent. Future research should aim to expand on these aspects.

Digital economy development and venture capital networks: Empirical evidence from China

This paper examines the impact of digital economy on urban venture capital (VC) networks constructed from 44,122 inter-city VC events involving 285 cities in China from 2011 to 2019. Specifically, digital infrastructure, digital industry development, digital innovation capacity and digital inclusive finance are identified as four critical dimensions of digital economy. Further, panel regressions reveal that digital economy plays a pivotal role in facilitating the flow of VC resources, and thus positively influencing the agglomeration, radiation, and intermediation of cities embedded in the inter-city VC networks. Further, the results show heterogeneity in the focal impact of digital economy. First, it is stronger in central cities. Second, it follows an inverted-U shape, with the maximum effect observed at approximately 550 km distance between start-ups and investment centers. Third, digital economy has a stronger impact at the seed and start-up stages than at the expansion and maturity stages. These findings have implications for policy-making concerning the development of digital economy and the strategic planning of urban VC networks.

Technology Transformation, Innovation, and Digital Economy Development in Developing Countries

The COVID-19 pandemic is a gateway for businesses to develop technology and embrace digitalization to remain competitive. Various results stated the important role of innovation and technology transformation as potent weapons for survival in this evolving landscape. This research analyzes the role of technology and innovation, especially in developing countries, with few articles researching this field. A systematic literature review that examined 84 articles from reputable international journals was used, with a particular emphasis on developing countries. This research aimed to conduct a comprehensive analysis of existing literature by using the keywords “technology”, “innovation”, and “digital economy” to identify gaps and generate fresh insights. The articles were collected from ProQuest, Google Scholar, and Scopus search engines and imported into Mendeley software for analysis using VOSviewer. The visualization results showed that SMEs were the most frequently mentioned keyword with 41 occurrences. This research contributed by providing opportunities in the form of new paths and variables rarely used for further analysis. There were also implications for organizational management, both in profit and non-profit organizations, to enhance technological capabilities, thereby improving business efficiency and sustainability.  

Obligations of the Confidential Agent under Non-disclosure Agreement

It is established that analysis of obligations the party receiving access to the information under Non- disclosure Agreement comprehensively contributes to the effective fulfillment of terms of such deal. It is analyzed legal status of the receiving party in respect of its contractual obligations. It is determined that the adoption of the Law of Ukraine “On Stimulating Development of Digital Economy in Ukraine” will generally facilitate the spread of the practice of NDA applying even outside the legal regime of Diia City. It is established that ensuring of confidentiality of information transferred under Non- disclosure Agreement is the main duty of the Confidential Agent. It is determined that it’s possible to keep information confidential both by means of active actions and passive inaction. It is concluded that the obligations to protect information should be kept by the receiving party even after the termination of NDA. It is determined that the Confidant shall not disclose confidential information without prior written consent of the other party of the Agreement. It is analyzed the procedure of interaction between the parties of NDA in case of receipt by the Confidential Agent of requests from authorities or institutions for disclosure of confidential information. It is established that it is important for the receiving party to inform the Confidant about cases of loss or disclosure of information contrary to the terms of Non- disclosure Agreement. It is proved that informing the Confidant about circumstances of loss or disclosure of information significantly contributes to minimization of potential risks for the disclosing party of NDA. It is determined that the Confidant shall unconditionally delete the information protected by Agreement as well as material carriers of such information in the event of termination of NDA or in case of a request from the Confidant. It is analyzed obligation of a Confidant to use transferred information exclusively for the purpose established by the relevant Non-disclosure Agreement. It is proved that the obligation to be liable for breach of Agreement is an important way of ensuring of interests of the disclosing party of Non-disclosure Agreement.

New evidence on the real role of digital economy in influencing public health efficiency

In recent years, the rapid advancement of digital technology has supported the growth of the digital economy. The transformation towards digitization in the public health sector serves as a key indicator of this economic shift. Understanding how the digital economy continuously improves the efficiency of public health services and its various pathways of influence has become increasingly important. It is essential to clarify the impact mechanism of the digital economy on public health services to optimize health expenditures and advance digital economic construction. This study investigates the impact of digital economic development on the efficiency of public health services from a novel perspective, considering social media usage and urban–rural healthcare disparities while constructing a comprehensive index of digital economic development. The findings indicate that the digital economy reduces the efficiency of public health services primarily through two transmission mechanisms: the promotion of social media usage and the widening urban–rural healthcare gap. Moreover, these impacts and transmission pathways exhibit spatial heterogeneity. This study unveils the intrinsic connection and mechanisms of interaction between digital economic development and the efficiency of public health services, providing a theoretical basis and reference for government policy formulation. However, it also prompts further considerations on achieving synergy and interaction between the digital economy and public health services.

The impact of the digital economy on sustainable development: evidence from China

This research investigates the intricate interplay among the digital economy, green innovation, and the level of sustainable development. Panel data from 268 cities in China, from 2011 to 2020, are used to comprehensively evaluate the level of digital economy development and investigate the digital economy’s influence on sustainable development. Additionally, a mechanism analysis is used to investigate the contribution of green innovation. The findings suggest that the digital economy significantly stimulates sustainable development, and green innovation serves as a mediating intermediary and moderating effect in facilitating this relationship. Moreover, the robustness check extends the verification of the positive effect of the “Broadband China” policy on sustainable development, strengthening the reliability of the results. The contribution of this study provides management insights on how regions can promote sustainable development in the digital age.

Digital Economy: Türkiye’s Development Trends

This approach enables a comprehensive exploration of the digital economy's development trends in Türkiye, covering various sectors and dimensions. The article examines the current state of digital infrastructure, technology adoption, and related policy initiatives in Türkiye, and discusses the challenges and opportunities presented by the digital economy, with a particular focus on job creation, economic growth, and competitiveness. The aim of this article is to examine the development trends of the digital economy in Türkiye, highlighting the key factors that contribute to its growth and competitiveness. Türkiye has made significant strides in developing its digital economy, with investments in digital infrastructure, technology adoption, and policy initiatives aimed at fostering growth and competitiveness. The article also highlights the importance of addressing the digital divide and promoting digital inclusion, also ensuring data privacy.

Impact of digital finance on corporate green innovation: Exploring role of land resource misallocation in China

Within the framework of the new development concept, achieving green technological innovation (GTI) in enterprises through green-oriented and innovation-oriented systems has become a crucial step towards promoting the transformation towards sustainability and innovation-driven development. Furthermore, digital governance has emerged as a powerful catalyst for China's economic and social progress, offering fresh opportunities to enhance the country's level of GTI. Given this, we investigate the influence and mechanism of digital finance on developing environmentally friendly innovations inside A-share listed firms in Shanghai and Shenzhen between 2011 and 2020. The study reveals that digital inclusive finance (DIF), in terms of its reach, level of utilization, and extent of digitization, has a substantial positive impact on GTI. It indirectly stimulates such innovation by exacerbating the imbalance in land resources mismatch. DIF plays a more pronounced role in driving GTI in the eastern and central regions, non-resource cities, second-tier cities, and cities with a higher level of digital economy development and implementation of the broadband China strategy. Digital governance facilitates the efficient implementation of digital finance and fosters a conducive external environment and internal drive for businesses. It offers valuable perspectives on the role of digital finance in China's economic transformation and underscores the significance of digital governance in promoting green technological innovation and economic progress.