|Table of Contents|

Research on the impact of the digital economy on export resilience from the perspective of dual circulation(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2024年05期
Page:
52-68
Research Field:
国际经济与贸易
Publishing date:
2024-11-20

Info

Title:
Research on the impact of the digital economy on export resilience from the perspective of dual circulation
Author(s):
SUN Ming;  GAO Wenjie
(School of Economics and Management, Changan University, Xian 710064, Shaanxi, China)
Keywords:
digital economy;  export resilience;  K-means clustering;  internal circulation;  dual circulation;  real economy
PACS:
F746.12
DOI:
-
Abstract:
To explore the role and impact pathways of digital economy development in enhancing regional export resilience, this study conducted an empirical analysis using data from 31 provinces in China from 2009 to 2019 (excluding Hong Kong, Macao, and Taiwan due to data collection limitations). A provincial digital economy indicator system was constructed, and the entropy method was applied to measure and calculate the digital economy development level across provinces. The K-means clustering algorithm was employed to reveal disparities in export resilience among the provinces, while a two-way fixed effects model was adopted to examine the impact and mechanisms of the digital economy development on regional export resilience. Robustness tests were conducted through instrumental variable construction, inclusion of additional control variables, alternative measurement methods for the digital economy and export resilience, and tailing treatment. The findings reveal that developing digital economy significantly enhances regional export resilience, and both digital carriers and digital industries play a substantial role in this improvement. The study identifies three key mechanisms through which the digital economy promotes regional export resilience via the internal circulation: the production scale effect, the circulation connection effect, and the local market effect. Furthermore, the study highlights the much-needed inclusiveness of the digital economys resilience-enhancing effect, notably in inland areas with weaker export resilience, underdeveloped real economies, and higher market segmentation. Policy recommendations include maximizing the resilience-enhancing effects of the digital economy while accelerating its development, fostering comprehensive production, circulation, and consumption integration, and optimizing the internal circulation, promoting regional coordination to strengthen export resilience, and deepening the integrated development of the digital and real economies.

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Last Update: 2024-11-20