The deep integration of digital technology and the real economy is a vital engine for boosting high-quality growth of the real economy.As a result,it is necessary to investigate the effects of this integration on the ...The deep integration of digital technology and the real economy is a vital engine for boosting high-quality growth of the real economy.As a result,it is necessary to investigate the effects of this integration on the real economy.This paper develops a two-sector model that incorporates the production sector and the technology research and development sector,taking into account both the factor attribute and the technical attribute of digital technology.Digital capital,general capital,skilled labor,and unskilled labor are considered as intermediate inputs in the model.Furthermore,this paper examines the effects of two integration modes,i.e.,factor-based integration and technology-based integration,on the development of the real economy and the biased technical change from a theoretical perspective.Empirical tests are conducted to support the analysis.The findings indicate that both factor-based integration and technology-based integration contribute positively to the development of the real economy,although technology-based integration exhibits diminishing marginal effects.Heterogeneity analysis reveals that factor-based integration plays a more significant role in promoting the development of the real economy in regions with geographical advantages,low levels of human resources,high marketization levels,or low market segmentation.On the other hand,technology-based integration assumes a greater role in facilitating the development of the real economy in regions with geographical disadvantages,low costs on human resources,low marketization levels,or high market segmentation.Further analysis demonstrates that the integration of digital technology and the real economy leads to digital capital-biased technical change and skilled labor-biased technical change.Therefore,it is imperative for the public sector to encourage the expansion of both factor-based integration and technology-based integration in the real economy.Additionally,it is also important to develop a reasonable industry layout plan and enhance the skill level of workers to address the rising demand for relevant factors resulting from changes in the biased technical change.展开更多
The public data serves as an important foundational resource and a key production factor for supporting digital transformation.Evaluating its impact on the integration of the digital economy and the real economy is es...The public data serves as an important foundational resource and a key production factor for supporting digital transformation.Evaluating its impact on the integration of the digital economy and the real economy is essential for informed governance.Based on a quasi-natural experiment involving the inauguration of a government data platform,a coupled evaluation model is used to gauge the degree of integration between the digital and real economies across 280 prefecture-level cities nationwide spanning from 2010 to 2021.Employing the difference-in-differences model with multiple time periods,this paper empirically scrutinizes the impact of opening public data,exemplified by the launch of the government data platform,on the integration of digital and real economies.There are four findings.(1)Opening public data significantly boosts the integration of the digital and real economies,and the conclusion is upheld by a series of robustness tests.(2)Opening public data primarily impacts the integration of the digital and real economies through cost effect,factor allocation effect,and technological innovation effect.(3)The enhancement effect of opening public data on the digital-real integration varies notably across cities with different administrative levels,market protections,and resource endowments,with more pronounced effects seen in cities with higher administrative levels and greater market integration as well as non-resource-based cities.(4)The opening of higher-quality government data correlates with a more pronounced enhancement effect on the digital-real integration.The quality of open data,the level of platform construction,and the extent of policy support influence the value creation effect of opening public data to some extent.Based on the above findings,this paper puts forth policy recommendations that center on prioritizing the cultivation of a comprehensive data element market,exploring multidimensional avenues to drive digital-real integration,and implementing customized policies in line with urban development characteristics.These suggestions serve as guiding principles to promote the digital-real integration.展开更多
基金the“Study on Appropriate Technological Selection and Driving Force Change in the Transformation and Upgrading of China's Manufacturing Industry under High-Quality Development Orientation,”a program from the National Natural Science Foundation of China(No.71973083)the“Study on Appropriate Technology Selection,New and Old Kinetic Energy Conversion and Dynamic Mechanism of Manufacturing Industry Transformation and Upgrading,”a general humanities and social sciences research program from the Ministry of Education(No.19YJA790016)the“Study on Appropriate Technology Selection and New and Old Kinetic Energy Conversion in Manufacturing Industry Transformation and Upgrading,”a general program from Shandong Provincial Natural Science Foundation(No.ZR2019MG018).
文摘The deep integration of digital technology and the real economy is a vital engine for boosting high-quality growth of the real economy.As a result,it is necessary to investigate the effects of this integration on the real economy.This paper develops a two-sector model that incorporates the production sector and the technology research and development sector,taking into account both the factor attribute and the technical attribute of digital technology.Digital capital,general capital,skilled labor,and unskilled labor are considered as intermediate inputs in the model.Furthermore,this paper examines the effects of two integration modes,i.e.,factor-based integration and technology-based integration,on the development of the real economy and the biased technical change from a theoretical perspective.Empirical tests are conducted to support the analysis.The findings indicate that both factor-based integration and technology-based integration contribute positively to the development of the real economy,although technology-based integration exhibits diminishing marginal effects.Heterogeneity analysis reveals that factor-based integration plays a more significant role in promoting the development of the real economy in regions with geographical advantages,low levels of human resources,high marketization levels,or low market segmentation.On the other hand,technology-based integration assumes a greater role in facilitating the development of the real economy in regions with geographical disadvantages,low costs on human resources,low marketization levels,or high market segmentation.Further analysis demonstrates that the integration of digital technology and the real economy leads to digital capital-biased technical change and skilled labor-biased technical change.Therefore,it is imperative for the public sector to encourage the expansion of both factor-based integration and technology-based integration in the real economy.Additionally,it is also important to develop a reasonable industry layout plan and enhance the skill level of workers to address the rising demand for relevant factors resulting from changes in the biased technical change.
基金supported by the"Research on Spatial Heterogeneity of Urban-Rural Income Gap in the Context of Rural Revitalization,"a project funded by the National Social Science Fund of China(No.20BJL146).
文摘The public data serves as an important foundational resource and a key production factor for supporting digital transformation.Evaluating its impact on the integration of the digital economy and the real economy is essential for informed governance.Based on a quasi-natural experiment involving the inauguration of a government data platform,a coupled evaluation model is used to gauge the degree of integration between the digital and real economies across 280 prefecture-level cities nationwide spanning from 2010 to 2021.Employing the difference-in-differences model with multiple time periods,this paper empirically scrutinizes the impact of opening public data,exemplified by the launch of the government data platform,on the integration of digital and real economies.There are four findings.(1)Opening public data significantly boosts the integration of the digital and real economies,and the conclusion is upheld by a series of robustness tests.(2)Opening public data primarily impacts the integration of the digital and real economies through cost effect,factor allocation effect,and technological innovation effect.(3)The enhancement effect of opening public data on the digital-real integration varies notably across cities with different administrative levels,market protections,and resource endowments,with more pronounced effects seen in cities with higher administrative levels and greater market integration as well as non-resource-based cities.(4)The opening of higher-quality government data correlates with a more pronounced enhancement effect on the digital-real integration.The quality of open data,the level of platform construction,and the extent of policy support influence the value creation effect of opening public data to some extent.Based on the above findings,this paper puts forth policy recommendations that center on prioritizing the cultivation of a comprehensive data element market,exploring multidimensional avenues to drive digital-real integration,and implementing customized policies in line with urban development characteristics.These suggestions serve as guiding principles to promote the digital-real integration.
