Research on Digital Economy and High Quality Development of Regional Economy

MA Cheng wen, WANG Lin song

Article ID: 2614
Vol 4, Issue 1, 2024
DOI: https://doi.org/10.54517/vfc.v4i1.2614
VIEWS - 69 (Abstract)

Abstract

The experience of developed countries shows that digital economy can promote high -quality economic development. By constructing a comprehensive evaluation index system, this paper measures the digital economy and high quality economic development level of Zhejiang province from 2013 to 2019. First, the coupling model is used to measure the dynamic evolution process of digital economy and high-quality economic development, then the general linear linear regression model is fitted to explore the promotion degree of digital economy to high-quality economic development, and finally, the mediationeffect model is used to analyze the mechanism of digital economy to promote high -quality economic development. The following conclusionsare drawn: In recent years, the development level of digital economy in Zhejiang province continues to improve, and the coupling coordination degree of digital economy and high-quality economic development gradually reaches a good level. Digital economy can promote high-quality economic development. Every 1% increase in the level of digital economy will increase the level of high-quality economic development by 0.4694%. The index of scientific and technological innovation is taken as a mediating variable, and the test model is constructed. The mediating effect is found to be significant, which indicates that digital economy empowers scientific and technological innovation to promote high-quality economic development. Based on this, this paper puts forward some suggestions to provide reference for thehigh quality economic development of Zhejiang Province.


Keywords

Digital economy; High-quality economic development; Coupled model; Mediation effect.

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