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Digital economy and economic competitive pressure on local governments: Evidence from China

The University of Western Australia
Miao, Yongming ; Li, Yaokuang ; Wu, Yanrui
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ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rfr_id=info%3Asid%2FANDS&rft_id=info:doi10.17632/vczrz497s5.1&rft.title=Digital economy and economic competitive pressure on local governments: Evidence from China&rft.identifier=10.17632/vczrz497s5.1&rft.publisher=Mendeley Data&rft.description=For decades, fiscal decentralization and gross domestic product growth targeting have resulted in fierce economic competition among local governments in China, putting tremendous economic competitive pressure on them. The latter has serious social and economic implications and is a major issue for policymakers. This study analyzes data from China’s 30 provinces for 2011–2021. It demonstrates that digital economic development could considerably reduce economic, competitive pressure on local governments, with trade openness and entrepreneurial dynamism serving as impact mechanisms. This study also found that the alleviating effects are more pronounced in regions with a poor innovation environment, a less developed economy, or lagging human resources. These findings emphasize the important role of the digital economy in increasing regional competitiveness and reducing regional disparities.&rft.creator=Miao, Yongming &rft.creator=Li, Yaokuang &rft.creator=Wu, Yanrui &rft.date=2024&rft.relation=http://research-repository.uwa.edu.au/en/publications/b25d88c2-b54c-44ff-9d6a-c2a9aa8ec704&rft_subject=Economics&rft_subject=Local Government&rft_subject=China&rft.type=dataset&rft.language=English Access the data
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For decades, fiscal decentralization and gross domestic product growth targeting have resulted in fierce economic competition among local governments in China, putting tremendous economic competitive pressure on them. The latter has serious social and economic implications and is a major issue for policymakers. This study analyzes data from China’s 30 provinces for 2011–2021. It demonstrates that digital economic development could considerably reduce economic, competitive pressure on local governments, with trade openness and entrepreneurial dynamism serving as impact mechanisms. This study also found that the alleviating effects are more pronounced in regions with a poor innovation environment, a less developed economy, or lagging human resources. These findings emphasize the important role of the digital economy in increasing regional competitiveness and reducing regional disparities.

Notes

External Organisations
Hefei University of Technology
Associated Persons
Yongming Miao (Contributor)Yaokuang Li (Contributor)

Issued: 2024-08-15

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Subjects
China | Economics | Local Government |

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