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Digitalization and urban economic sustainability: The role of the government and foreign direct investments

Huilan Zhong and Zhentao Ma

Finance Research Letters, 2024, vol. 66, issue C

Abstract: Sustainable development of emerging countries has received significant attention in recent years. This study examines how digitalization affects economic sustainability. Based on city-level empirical evidence, this study finds a significant positive association between the usage of digital technology and economic sustainability. Furthermore, we identify that local government and foreign direct investment can amplify the positive relationship between digitalization and economic sustainability. Overall, this study complements the extensive research on digital economy and economic sustainability.

Keywords: Government; Economic development; Digital transformation; FDI (search for similar items in EconPapers)
JEL-codes: F23 G32 G34 M14 M16 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324006391

DOI: 10.1016/j.frl.2024.105609

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