Network Effect and Degree of Influence of Digital Economy Empowering the Real Economy
Take the Yangtze River Delta region as an example
DOI:
https://doi.org/10.54097/fbem.v12i1.13626Keywords:
Digital economy; Real economy; Social network model.Abstract
The development of digital economy is an important path to promote the integration and high-quality development of the Yangtze River Delta region, so this paper firstly measures the correlation between the development level of digital economy in the Yangtze River Delta in 2018 and 2019, and analyzes the characteristics of its network structure by using the social network model; secondly, it establishes the panel fixed-effects model, and empirically analyzes the relationship between the development of digital economy in the Yangtze River Delta and the real economy. It is found that the degree of aggregation of the digital economy network model is inversely correlated with the level of development of the real economy; the digital economy has a facilitating effect on the real economy, and green finance is an important positive transmission mechanism. This paper provides new ideas and paths for how the digital economy empowers the high-quality development of the Yangtze River Delta integration, as well as empirical evidence and effective suggestions on how to promote the better development of the real economy.
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