Abstract

Info

Title:: Empirical study on the Internet infrastructure, industrial structure upgrading and economic growth

Author(s):: XU Deyun; XIAO Weimo; School of International Economics and Trade, Anhui University of Finance and Economics， Bengbu 233000， Anhui， China

Keywords:: internet infrastructure; industrial structure; fixed effect model; internet service industry; per capita telecommunication service volume; internet industry staff; popularization rate of mobile telephones

Abstract:: In order to explore the mechanism of Internet infrastructure construction on the upgrading of industrial structure and economic growth and its specific performance in China, this paper uses theoretical analysis and empirical research methods of mixed regression, fixed effect model and System GMM model to conduct research on the provincial panel data of China during the 2005 to 2011 period and 2012 to 2018 period. The results show that Internet infrastructure construction can significantly promote China’s economic growth and industrial structure upgrading from direct and indirect aspects. The specific promotion mechanism is manifested as follows: investment multiplier effect, promoting the development of manufacturing industry, demand catalytic effect, promoting technological progress and promoting emerging Internet service industry, etc. In order to better develop China’s Internet infrastructure construction, this paper proposes to accelerate the training of applied technical personnel and R&D talents in Internet infrastructure construction, strengthen the industry’s cooperation with universities and scientific research institutes to enhance the R&D and application of emerging technologies, increase policy support and facilitate large Internet enterprises to form scale effect, and expand China’s presence and influence in the international Internet infrastructure construction by way of "the Belt and Road" construction.