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How Does the Digital Economy Affect the Domestic Value-Added Rate of Chinese Exports?

How Does the Digital Economy Affect the Domestic Value-Added Rate of Chinese Exports?

Yibing Ding, Hongyuan Zhang, Sitong Tang
Copyright: © 2021 |Volume: 29 |Issue: 5 |Pages: 15
ISSN: 1062-7375|EISSN: 1533-7995|EISBN13: 9781799872610|DOI: 10.4018/JGIM.20210901.oa5
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MLA

Ding, Yibing, et al. "How Does the Digital Economy Affect the Domestic Value-Added Rate of Chinese Exports?." JGIM vol.29, no.5 2021: pp.71-85. http://doi.org/10.4018/JGIM.20210901.oa5

APA

Ding, Y., Zhang, H., & Tang, S. (2021). How Does the Digital Economy Affect the Domestic Value-Added Rate of Chinese Exports?. Journal of Global Information Management (JGIM), 29(5), 71-85. http://doi.org/10.4018/JGIM.20210901.oa5

Chicago

Ding, Yibing, Hongyuan Zhang, and Sitong Tang. "How Does the Digital Economy Affect the Domestic Value-Added Rate of Chinese Exports?," Journal of Global Information Management (JGIM) 29, no.5: 71-85. http://doi.org/10.4018/JGIM.20210901.oa5

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Abstract

The digital economy continuously injects new momentum into the traditional economy and has become an important driving force for national economic development. Against this backdrop and using input-output data from the WIOD from 2002 to 2014, this paper empirically analyzes the impact of the development of the digital economy on the domestic value-added rate of Chinese manufacturing industry exports and the mechanism underlying this relationship. The results show that (1) digital economic input significantly promotes growth in the domestic value-added rate of manufacturing industry exports, (2) digital economic input mainly increases the domestic value-added rate of intermediate-product exports, (3) digital input has a significant positive impact on the capital-intensive and knowledge-intensive manufacturing industries, and (4) technological progress and cost reduction are important mechanisms through which the digital economy promotes the domestic value-added rate of exports.