• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKIGoogle ScholarCrossref
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JOEBM 2024 Vol.12(1): 68-73
DOI: 10.18178/joebm.2024.12.1.778

Analysis the Mechanism of Digital Economy Development on Urbanization Development

Yi Chen* and Eva Khong
Finance Faculty, City University of Macau, China
Email: f21092100171@cityu.mo (Y.C.)

Manuscript received December 13, 2023; revised December 29, 2023; accepted January 14, 2024; published March 13, 2024.

Abstract—Based on the panel data from 2015 to 2021 of 31 provinces in China, this article empirically explores how the impact mechanism of digital economy development level on new urbanization, and explores the mediating effect of rationalization of the tertiary industry structure. The results show as following. (1) The level of digital economy development has a positive impact on new urbanization, which is still significantly valid after robustness test. (2) The rationalization of the tertiary industry structure plays a partial mediating role in the impact of digital economy development on the level of new urbanization, that is, the development of the digital economy indirectly affects new urbanization through the path of rationalization of the tertiary industry structure. (3) The quantile regression analysis of the relationship between regional digital development level and new urbanization development level indicates that the development level of the digital economy has a promoting effect on the development level of new urbanization, but this effect shows differently in different regions.

Keywords—new urbanization, development of digital economy, mediation effect, quantile regression

Cite: Yi Chen and Eva Khong, "Analysis the Mechanism of Digital Economy Development on Urbanization Development," Journal of Economics, Business and Management, vol. 12, no. 1, pp. 68-73, 2024.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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