LITERATURE REVIEW OF THE IMPACT OF DIGITAL ECONOMY ON THE ECONOMIC GROWTH AND THE DEVELOPMENT STRATEGIES IN THE POST-COVID-19 ERA

Matei Cernaianu A D
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Matei Cernaianu A D: FACULTY OF LAW AND ECONOMIC SCIENCES TARGU JIU, TITU MAIORESCU UNIVERSITY OF BUCHAREST, ROMANIA

Annals - Economy Series, 2023, vol. 1, 129-133

Abstract: The digital economy is considered an effective measure to mitigate the negative economic impact of the coronavirus disease 2019 (COVID-19) outbreak. However, few studies have assessed the role of the digital economy on the economic growth of countries along the Belt and Road and the impact of COVID-19 on their digital industries. This study constructs a comprehensive evaluation index system and applies a panel data regression model to empirically analyze the impact of the digital economy on the economic growth of countries along the "Belt and Road" before COVID-19. The main mechanism of action is to promote the modernization of industrial structure, overall planning of employment and adjustment of employment structure. In addition, COVID-19 has boosted the demand of the digital industry in general, and the impact on the demand side is much greater than that on the supply side. Propose a development strategy to bridge the "digital divide" of the countries along the "Belt and Road” and strengthen the role of the digital economy in the post-COVID-19 era on industrial modernization, employment, and trade.

Keywords: digital economy; coronavirus disease; development; strategy; industrial modernization (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2023:v:1:p:129-133

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