How Does the Digital Economy Affect the Domestic Value-Added Rate of Chinese Exports?
Open Access
- 1 September 2021
- journal article
- research article
- Published by IGI Global in Journal of Global Information Management
- Vol. 29 (5), 71-85
- https://doi.org/10.4018/jgim.20210901.oa5
Abstract
The digital economy continuously injects new momentum into the traditional economy and has become an important driving force for national economic development. Against this backdrop and using input-output data from the WIOD from 2002 to 2014, this paper empirically analyzes the impact of the development of the digital economy on the domestic value-added rate of Chinese manufacturing industry exports and the mechanism underlying this relationship. The results show that (1) digital economic input significantly promotes growth in the domestic value-added rate of manufacturing industry exports, (2) digital economic input mainly increases the domestic value-added rate of intermediate-product exports, (3) digital input has a significant positive impact on the capital-intensive and knowledge-intensive manufacturing industries, and (4) technological progress and cost reduction are important mechanisms through which the digital economy promotes the domestic value-added rate of exports.Keywords
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