Title Page
ABSTRACT
국문 초록
Contents
CHAPTER 1. INTRODUCTION 13
1.1. Research Background and Significance 13
1.2. Definition of Digital Economy 17
1.2.1. Governments' Definition of Digital Economy 18
1.2.2. Researchers' Definition of Digital Economy 20
1.2.3. Definition of Digital Economy in this Paper 21
CHAPTER 2. LITERATURE REVIEW 23
2.1. Research Methods and Structure 23
2.1.1. Research Methods 23
2.2. Digital Economy and Related Research 23
2.3. Research on Economic Growth Theory 27
2.3. Summary 29
CHAPTER 3. DATA AND METHODOLOGY 31
3.1. Digital Economy Development Index System 31
3.2. Data of the Development Trend of Digital Economy in China's provinces 40
3.3. Basic Test Model and Data Sources 46
3.3.1. Basic Test Model 46
3.3.2. Variables and Data 46
CHAPTER 4. REGRESSION RESULT OF THE PROMOTING EFFECT OF DIGITAL ECONOMY DEVELOPMENT ON CHINA'S ECONOMY 52
4.1. Basic Regression Result 52
4.2. Robustness Test 58
4.3. Heterogeneity Analysis 60
4.3.1. Heterogeneity Analysis of Per Capita Education Level 61
4.3.2. Heterogeneity Analysis of Investment Level 62
4.3.3. Heterogeneity Analysis of Urbanization Level 63
4.4. Endogeneity Problems 65
CHAPTER 5. CONCLUSION AND POLICY SUGGESTIONS 68
5.1. Main Conclusions 68
5.2. Policy Suggestion 69
5.3. Shortcomings and Prospects of this Paper 70
REFERENCE LITERATURE 72
Table 1-1. Conceptualization of the digital economy by the US Bureau of Statistics (1999). 18
Table 3-1. Digital economy development index system 32
Table 3-2. First-level index judgment matrix of provincial digital economy development 37
Table 3-3. First level index weight matrix of provincial digital economy development 38
Table 3-4. The respective weights of the first and second level indicators of provincial digital economy development 38
Table 3-5. 2011-2019 Mean and median of provincial digital economy development 41
Table 3-6. Descriptive statistics of variables in the basic regression model 47
Table 3-7. Correlation coefficient matrix 48
Table 4-1. Hausman (1978) specification test 52
Table 4-2. F test result 52
Table 4-3. The regression 1 results 54
Table 4-4. The impact of each dimension of digital economy development on economic growth 56
Table 4-5. Robustness test result-replace core explanatory variables 59
Table 4-6. Robustness test result-replace explained variables 59
Table 4-7. Heterogeneity analysis (education level) 61
Table 4-8. Heterogeneity analysis (investment level) 62
Table 4-9. Heterogeneity analysis (urbanization level) 63
Table 4-10. Regression 2 of the endogeneity problems 65
Figure 1. 2011-2019 Mean and median of provincial digital economy development index 44
Figure 2. Chart of digital economic development index and CAGR of provinces from 2011 to 2019. 45