Study on the Mechanism of the Impact of the Digital Economy on Common Prosperity

Xinrui Cao, Xinbao Zhang, Jiayu Zhang, Yuanhao Ma, Haoran Zhang and Shiying Xu ()
Additional contact information
Xinrui Cao: Minzu University of China, Faculty of Science
Xinbao Zhang: Minzu University of China, Faculty of Science
Jiayu Zhang: Minzu University of China, Faculty of Science
Yuanhao Ma: Minzu University of China, Faculty of Science
Haoran Zhang: Minzu University of China, Faculty of Science
Shiying Xu: Minzu University of China, Faculty of Science

A chapter in Proceedings of the 2025 5th International Conference on Informatization Economic Development and Management (IEDM 2025), 2025, pp 434-453 from Springer

Abstract: Abstract Common prosperity is an essential requirement of socialism and an important feature of Chinese modernization, and how the digital economy, as a core driving force of economic growth, empowers the common prosperity through the new quality of productivity has become an urgent issue to be explored. Based on the panel data of 30 provinces in China from 2014 to 2022, this paper explores the relationship between the digital economy, new productivity and common prosperity, and empirically examines the mechanism of the digital economy’s impact on common prosperity and its spatial spillover effect. The study finds that: (1) the digital economy significantly contributes to the increase of common prosperity, which is proved to be reliable by the endogeneity and robustness tests; (2) the NQP plays a partly intermediary role in the relationship between the digital economy and common prosperity, that is to say, the digital economy indirectly contributes to the common prosperity through the promotion of the development of NQP; (3)There is regional heterogeneity in the contribution of the digital economy to the common prosperity, with a significant contribution in the central and western regions, but not in the eastern region; (4) the digital economy has a positive spatial spillover effect on common prosperity, and it can raise the level of common prosperity in neighboring provinces and municipalities.

Keywords: common prosperity; digital economy; new quality productivity; mediating effects; spatial spillovers (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-724-3_42

Ordering information: This item can be ordered from
http://www.springer.com/9789464637243

DOI: 10.2991/978-94-6463-724-3_42

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().