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

DOI

10.2991/978-94-6463-724-3_42How to use a DOI?

Keywords

common prosperity; digital economy; new quality productivity; mediating effects; spatial spillovers

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.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xinrui Cao
AU  - Xinbao Zhang
AU  - Jiayu Zhang
AU  - Yuanhao Ma
AU  - Haoran Zhang
AU  - Shiying Xu
PY  - 2025
DA  - 2025/05/26
TI  - Study on the Mechanism of the Impact of the Digital Economy on Common Prosperity
BT  - Proceedings of the 2025 5th International Conference on Informatization Economic Development and Management (IEDM 2025)
PB  - Atlantis Press
SP  - 434
EP  - 453
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-724-3_42
DO  - 10.2991/978-94-6463-724-3_42
ID  - Cao2025
ER  -