Research on the Role Mechanism of Digital Economy on Industrial Transformation and Upgrading in Jiangxi Province

Abstract

High-quality development is the primary task of building a modern socialist country in a comprehensive manner. After decades of development, the digital economy has realised a wide range of connotations and diversified technological applications at the theoretical and practical level.This project constructs digital economy-enabled industrial high-quality development indicators from multiple dimensions, and explores the intrinsic mechanism of digital economy and industrial transformation and upgrading in 11 prefecture-level cities in Jiangxi Province. Specifically, the entropy weight-TOPSIS model is established to measure the comprehensive score of digital economy and the level of industrial structure transformation and upgrading of the two, and the PVAR model is constructed to further explore the mechanism of the two.The study found that in the comprehensive level of the digital economy, the overall trend is rising, and the difference in the level of digital economic development of each city is getting bigger and bigger; in the comprehensive level of industrial transformation and upgrading, the overall view of the various cities in Jiangxi Province with the change of time, industrial transformation and upgrading level is gradually improved; through the establishment of the PVAR model analysis of the impact of the digital economy on the upgrading of the industrial structure is not particularly obvious, and the impact of the level of the industrial structure on the the impact of the digital economy is unstable. In this regard, this paper puts forward specific suggestions in three aspects: encouraging the vigorous development of digital economy, accelerating the pace of industrial transformation and upgrading, and stimulating the power of digital economy on industrial transformation and upgrading.