The Digital Economy’s Impact on the High-Quality Development of the Manufacturing Industry in China’s Yangtze River Economic Belt
Yuxuan Yang () and
Haiying Pan
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Yuxuan Yang: Business School, Hohai University, Nanjing 211100, China
Haiying Pan: Business School, Hohai University, Nanjing 211100, China
Sustainability, 2024, vol. 16, issue 16, 1-26
Abstract:
Based on the panel data of 108 cities in the Yangtze River Economic Belt from 2011 to 2021, this study constructs a fixed effect model, a mediating effect model, and a threshold effect model to verify the enabling role, conduction path, and nonlinear effect of the digital economy on the high-quality development of the manufacturing industry in the Economic Belt. It is found that the digital economy has remarkably enabled the high-quality development of the manufacturing industry in the Economic Belt, with an obviously stronger enabling effect in large-scale cities than in small ones; the digital economy can indirectly affect the high-quality development of the manufacturing industry in the Economic Belt through upgraded industrial structure, regional innovation, and residents’ consumption. Subject to environmental regulation, the digital economy’s impact on the high-quality development of the manufacturing industry in the Economic Belt has a double-threshold effect. With intensified urban environmental regulation, the digital economy’s promotion effect on the high-quality development of the manufacturing industry has demonstrated a trend of first enhancing and then weakening.
Keywords: digital economy; high-quality development of manufacturing industry; mediating effect; environmental regulation; Yangtze River Economic Belt (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:16:p:6840-:d:1453215
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