The impact of the digital economy on high-quality agricultural development——Based on the regulatory effects of financial development
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ABSTRACT:
SUBMITTER: Zhou L
PROVIDER: S-EPMC10917243 | biostudies-literature | 2024 Jan
REPOSITORIES: biostudies-literature
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Project description:Studies have found that the digital economy plays a positive role in promoting high-quality economic development. Meanwhile, the digital industrialization and industrial digitalization have given rise to new demands and supply modes of consumption. It is necessary to analyze the role of consumption expansion in the impact of digital economy on high-quality economic development. Based on Chinese provincial panel data, we first applied the entropy weight method to construct the digital economy index and the high-quality economic development index. And on this basis, it was verified that the digital economy can positively promote the high-quality development of the inverted U-shaped structural economy. Then we separately used the mediation and the threshold effect models to analyze the role of consumption expansion in empowering high-quality development in the digital economy. Regional heterogeneity was further taken into account. The results dedicate that consumer demand and the digital economy have a partial or complete mediating effect. The promotion of high-quality development by the digital economy can be affected by the threshold of consumption expansion, which is manifested in the marginal incremental effect due to the growth of consumption supply. On the contrary, the growth of consumer demand has led to the inverted U-shape of the digital economy to promote high-quality economic development. In the heterogeneity analysis, the threshold effect also varied greatly. This research enriches the theoretical achievements and reveals the impact of consumption expansion on the digital economy affecting the high-quality development, which may provide certain reference for other countries and regions.
| S-EPMC10723678 | biostudies-literature
Project description:At present, the digital economy, which takes information technology and data as the key elements, is booming and has become an important force in promoting the economic growth of various countries. In order to explore the current dynamic trend of China's digital economy development and the impact of the digital economy on the high-quality economic development, this paper measures the digital economic development index of 30 cities in China from the three dimensions of digital infrastructure, digital industry, and digital integration, uses panel data of 30 cities in China from 2015 to 2019 to construct an econometric model for empirical analysis, and verifies the mediating effect of technological progress between the digital economy and high-quality economic development. The results show that (1) The development level of China's digital economy is increasing year by year, that the growth of digital infrastructure is obvious, and that the development of the digital industry is relatively slow. (2) Digital infrastructure, digital industry and digital integration all have significant positive effects on regional total factor productivity, and the influence coefficients are 0.2452, 0.0773 and 0.3458 respectively. (3) Regarding the transmission mechanism from the digital economy to the high-quality economic development, the study finds that the mediating effect of technological progress is 0.1527, of which the mediating effect of technological progress in the eastern, northeast, central and western regions is 1.70%, 9.25%, 28.89% and 21.22% respectively. (4) From the perspective of spatial distribution, the development level of the digital economy in the eastern region is much higher than that in other non-eastern regions, and the development of digital economy in the eastern region has a higher marginal contribution rate to the improvement of the total factor productivity. This study can provide a theoretical basis and practical support for the government to formulate policies for the development of the digital economy.
| S-EPMC8454970 | biostudies-literature
Project description:This study aims to investigate the coupling coordination relationship between digital village construction and high-quality agricultural development in China, along with influencing factors, in order to provide policy recommendations for fostering the concurrent advancement of these two domains. Utilizing coupling coordination degree model, spatial econometric model and other methods, this paper analyzes the panel data of 31 provinces (municipalities and autonomous regions) in China spanning from 2011 to 2022. The key findings indicate the following: Firstly, there has been an overall enhancement in the levels of digital village construction and high-quality agricultural development across all Chinese provinces, with the eastern region exhibiting a higher developmental status compared to the central and western regions. Secondly, the coupling coordination degree has shown a collective improvement, albeit with variations in coordination levels among different regions; however, the regional disparities are gradually narrowing. Thirdly, the level of economic development and agricultural financial expenditure emerges as significant factors influencing the degree of coupling coordination, demonstrating not only direct positive effects but also positive spatial spillover effects. Finally, this study proposes recommendations to promote sustainable agricultural development, such as setting up agricultural technology innovation platforms, establishing digital agricultural production bases, and training farmers in digital skills in order to mitigate regional disparities and foster mutual advancement across all regions.
| S-EPMC11805439 | biostudies-literature
Project description:BackgroundDigitalization and population aging have had a profound impact on the development of undertakings for the aged, which brings challenges as well as opportunities for elder care system. This study examines the impact of the digital economy on the high-quality development (HQD) of undertakings for the aged in China.MethodsBased on the panel data of 31 provinces in mainland China from 2013 to 2021, this study explores the influence mechanism of the HQD of undertakings for the aged driven by the digital economy and its spatial spillover effects. The benchmark regression model is used to investigate the impact of the development level of the digital economy on the HQD of undertakings for the aged. The mediation effect model is used to explore the indirect effects of the digital economy on the HQD of undertakings for the aged through the influence of the intermediary variable. The spatial panel model is then used to analyze the spatial spillover effect of the digital economy on the HQD of undertakings for the aged.ResultsThe digital economy has a positive effect (coefficient = 0.1530, P-value < 0.01) on the local HQD of undertakings for the aged and a negative effect (coefficient = - 0.1012, P-value < 0.01) on the level of the HQD of undertakings for the aged in neighboring areas after controlling for other variables. The mediation effect of the proportion of the tertiary industry in GDP accounts for 6.6% of the total effect of the digital economy on the HQD of undertakings for the aged.ConclusionsThe digital economy can significantly promote the HQD of undertakings for the aged by transforming the development of the tertiary industry. The improvement in the digital economy has a significant spatial spillover effect. This research enriches the existing body of literature by suggesting effective ways to enhance the HQD of undertakings for the aged through the digital economy and the tertiary industry.
| S-EPMC11577839 | biostudies-literature
Project description:Developing digital inclusive finance is one of the most effective ways to alleviate financial exclusion in the agriculture sector. For empirical investigation, data from 30 provinces of Rural China is collected from the period 2011 to 2020. The study constructs five dimensions and 22 indicators in total to critically conduct the impact of digital inclusive finance on high-quality agricultural development. The level of agricultural development is measured by entropy weight TOPSIS, and the impact of digital inclusive finance on its high-quality development is empirically tested. The results show that digital inclusive finance has significantly improved the agricultural sector and, particularly, the Eastern region of China has the greatest impact. Three dimensions of digital inclusion finance have regional heterogeneity in terms of impact on agricultural development in Rural China. Data does not show the simple linear relationship between digital inclusion finance and agricultural development quality. The impact of the former on the latter is characterized by the double thresholds. The digital inclusive finance index is the weakest when it is lower than the first threshold that is 4.7704, and the impact of the second threshold that is 5.3186 on high-quality agricultural development is gradually enhanced. After crossing the second threshold, the impact of digital inclusive finance on high-quality agricultural development in Rural China is significantly enhanced. The development of digital inclusive finance should be strengthened in the Central and Western regions to compensate for regional financial imbalances and promote synergy in the high-quality development of agriculture across the country.
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Project description:This paper expounds the theoretical logic among digital inclusive finance, urbanization, and agricultural mechanization level, puts forward the research hypothesis, and then selects the county unbalanced panel data of 1309 counties in China from 2014 to 2020 based on the two-way fixed model with standard error clustering to county level and mediating effect model for empirical data regression analysis. Through baseline regression analysis, mediation effect analysis, and heterogeneity analysis, the findings of this paper are as follows. First, digital financial inclusion has a significant positive effect on the growth of agricultural mechanization. Second, digital inclusive finance at the county level can also indirectly affect the growth of agricultural mechanization through urbanization. That is, agricultural mechanization has an intermediary effect between the financial agglomeration at the county level and the growth of farmers' income. Third, the impact of county-level digital financial inclusion on the growth of agricultural mechanization level is significantly heterogeneous, and the promoting effect is significant in areas with balanced grain production, national-level poor county or contiguous areas of dire poverty, and areas with a good foundation for digital financial inclusion. By analyzing digital inclusive finance, urbanization, and agricultural mechanization, this paper proposes targeted policy recommendations. First, the government can promote agricultural mechanization by developing digital financial inclusion. Second, the government should guide and accelerate the process of digital financial inclusion, promoting urbanization thereby amplifying the positive impact of digital financial inclusion on agricultural mechanization. Third, given the heterogeneity of the impact of digital financial inclusion on agricultural mechanization, local development should focus on developing different dimensions of digital financial inclusion according to specific conditions.
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Project description:The impact of the digital economy (DE) on urban environmental quality (EQ) is a critical aspect of China's economic development. This study investigates the impact of DI on urban EQ using the data from prefecture-level cities spanning the period from 2011 to 2021 and updates some disparate conclusions of related studies. It is discovered that a non-linear correlation exists between DE and urban EQ. Currently, DE can effectively improve local city EQ. This conclusion remains valid even after robustness tests and endogeneity treatment. The impact of DE on improving EQ can be classified as the impact of technological innovation, industrial upgrading, resource allocation, infrastructure construction, environmental governance, and changes in public lifestyle. Heterogeneity analysis reveals that the influence of DE is particularly pronounced in cities located in central and eastern regions of China, those with higher levels of administrative management, resource-based urban areas, and those with more stringent environmental regulations.
| S-EPMC10889867 | biostudies-literature
Project description:Although the effect of the digital economy in promoting high-quality economic development is increasing day by day, research analysing this mechanism from the spatial perspective is very scarce. This study measures the level of the digital economy and high-quality economic development based on the panel data of 31 provinces in China from 2013 to 2020. On this basis, the direct, spillover, and mediating effects of the digital economy and scientific and technological innovation on high-quality economic development are further analysed through the spatial Durbin model and mediating effect model. The main conclusions are as follows: (1) the digital economy, scientific and technological innovation, and high-quality economic development all show significant spatial correlation; (2) the digital economy can directly drive high-quality economic development, the spillover effect of which is obvious; and (3) the mechanism analysis based on the spatial perspective shows that the mediating effect of scientific and technological innovation is significant. The conclusions still hold after robustness tests based on the use of lagged variables, replacement of the weight matrices, and changing of the measurement methods. This study provides theoretical support and empirical evidence for promoting the digital economy and high-quality economic development.
| S-EPMC9639835 | biostudies-literature
Project description:The new development pattern has identified two key avenues for the sustained advancement of high-quality agricultural and rural development: digitalisation and low-carbon development. The measurement of the digital economy and the agricultural carbon emission performance, and their spatial and temporal heterogeneity, is a crucial step in promoting the spatial coordination and sustainable development of digitalisation and low-carbon agriculture. This paper employs the entropy value method, SBM model, and coupling coordination degree model to investigate the coupling coordination measurement and spatial-temporal heterogeneity of the performance of the digital economy and agricultural carbon emissions. The data used are provincial panel data from 2013 to 2021. The simulation results demonstrate that, between 2013 and 2021, the digital economy of all provinces exhibited varying degrees of growth, yet the development of the digital economy between provinces exhibited a more pronounced tendency to diverge. Concurrently, the agricultural carbon emission efficiency in China exhibited a fluctuating upward trend. The development of the digital economy and the efficiency of agricultural carbon emission were found to be highly coupled. Their coupling and coordination relationship showed a downward trend followed by an upward trend. In general, it is suggested that we should increase investment in digital economy infrastructure and technology, promote digital agricultural applications, strengthen policy guidance and financial support, establish a coupling coordination mechanism and strengthen farmers' digital literacy and environmental awareness.
| S-EPMC11198803 | biostudies-literature
Project description:This research was focused on measuring the TFP bioeconomy post-Covid-19 in six regions of the world. The panel data was organized with FAO Statistics data. Linear programming with an enveloping data analysis (DEA) approach was used to measure the Malmquist TFP indices to determine the inter-annual productivity and technical efficiency changes by region. The results show that the effect of Covid-19 on the bioeconomy productivity during the period 2012-2021 on average decreased by 11.6%. This effect was explained by the decomposition of the productivity change into the changes in technical efficiency. The workers decreased their efficiency by 11.7%. In the Northern American region, it decreased by 21.6%, in the Southern European region by 10.1, and in Western Europe by 11.7%. The results show a downward trend that was affected in the year 2019 by Covid-19, however, it was possible to recover in the following year. One of the conclusions of these results is the effect of the immediate strategies that the governments of the region implemented. This effect was a little slower in the North American, Southeastern, and Eastern European regions. Finally, it is concluded that the measures implemented by the governments in the studied regions had an increasing effect in conditions of variable scale returns. In other words, the companies that remained on a constant scale decreased.
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