TITLE:
Research on the Digital Economy Boosting the High-Quality Development of Manufacturing in Underdeveloped Areas—Taking Kaifeng City as an Example
AUTHORS:
Kadun Tian, Xing Xia, Chongyang Lu, Baoyu Peng
KEYWORDS:
Digital Economy, Manufacturing; Tobit Model, Kaifeng City
JOURNAL NAME:
Open Journal of Business and Management,
Vol.10 No.6,
November
9,
2022
ABSTRACT: This paper measures and empirically analyzes the
effect of digital economy on the high quality development of manufacturing
industry in Kaifeng City from the significance and problems of digital economy on the high quality development of
manufacturing industry by using Super-SBM model, principal component analysis
method and Tobit model. The results show that: 1) From 2012 to 2020, the manufacturing industry in Kaifeng City, except for
the negative growth of electrical machinery and equipment manufacturing
industry, the overall and its sub-sectors are growing in fluctuation and
fluctuation. 2) The digital economy of Kaifeng City is in a period of rapid
development from 2012 to 2020, leapfrogging from the low level stage in 2012 to
the medium level stage in 2020. 3) The digital economy
can significantly contribute to the high-quality development of manufacturing, but the strength of the boosting effect is not large. 4) Under different factor intensity, there is industry heterogeneity in the
digital economy on the high-quality development of manufacturing industry, and
the magnitude of its influence is capital-intensive manufacturing > labor-intensive manufacturing
> technology-intensive manufacturing in order. Finally, we propose the path and countermeasures for the digital economy
to promote the high-quality development of manufacturing industry in less
developed regions.