Impact of the digital economy on rural and urban incomes

Abstract

As the digital economy in our country continues to develop and improve, It has entered into a new phase of development. For purpose of facilitating a widespread adoption of the digital economy, it is essential to address the issue of income inequality between urban and rural residents and enhance the government's ability to formulate economic policies based on evidence. Therefore, this study takes 31 provinces and cities in our country from 2011 to 2019 as the research objects and conducts empirical analysis on them. Based on this, the project aims to deeply explore the mechanism of the influence regarding the income gap of digital economy between cities and countryside through empirical analysis, and conduct empirical analysis from two aspects: widespread implementation, reduction of the gap, and scientific decision-making. The research conclusion indicates that over the next few years, as the digital economy develops, people's income levels in different regions and cities will increase in China and it will experience significant improvements.