The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from China

As a new economic system composed of data-driven, platform-supported, and network-coordinated economic activity units, the platform economy provides a new impetus for the integrated development of urban and rural areas. This paper uses China’s provincial panel data from 2011–2021 to measure the deve...

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Main Author: Wang Zhang
Format: Article
Language:English
Published: MDPI AG 2023-07-01
Series:Land
Subjects:
Online Access:https://www.mdpi.com/2073-445X/12/7/1417
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author Wang Zhang
author_facet Wang Zhang
author_sort Wang Zhang
collection DOAJ
description As a new economic system composed of data-driven, platform-supported, and network-coordinated economic activity units, the platform economy provides a new impetus for the integrated development of urban and rural areas. This paper uses China’s provincial panel data from 2011–2021 to measure the development level of the platform economy and the urban–rural integration development index using the entropy weight method and empirically tests the direct and indirect effects of the platform economy on urban–rural integration development. The research finds that (1) the platform economy has a significant role in promoting the development of urban–rural integration. After introducing a series of robustness tests such as instrumental variables estimation, the results are still significant. (2) Regional innovation capability is an important transmission mechanism for the platform economy to enable urban–rural integrated development. The platform economy can indirectly promote urban–rural integrated development by improving regional innovation capability. (3) There is a significant mesomeric effect between the traditional factors of production and the platform economy and the mesomeric effect of capital, technology, land, and labor factors increased in turn. (4) The digital twin platform is a kind of digital land generated in the platform economy and has become an important place and value source for products in the digital era.
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spelling doaj.art-94f616cc928f40198bbee805c783b07f2023-11-18T20:07:17ZengMDPI AGLand2073-445X2023-07-01127141710.3390/land12071417The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from ChinaWang Zhang0School of Economics and Management, Northwest University, Xi’an 710127, ChinaAs a new economic system composed of data-driven, platform-supported, and network-coordinated economic activity units, the platform economy provides a new impetus for the integrated development of urban and rural areas. This paper uses China’s provincial panel data from 2011–2021 to measure the development level of the platform economy and the urban–rural integration development index using the entropy weight method and empirically tests the direct and indirect effects of the platform economy on urban–rural integration development. The research finds that (1) the platform economy has a significant role in promoting the development of urban–rural integration. After introducing a series of robustness tests such as instrumental variables estimation, the results are still significant. (2) Regional innovation capability is an important transmission mechanism for the platform economy to enable urban–rural integrated development. The platform economy can indirectly promote urban–rural integrated development by improving regional innovation capability. (3) There is a significant mesomeric effect between the traditional factors of production and the platform economy and the mesomeric effect of capital, technology, land, and labor factors increased in turn. (4) The digital twin platform is a kind of digital land generated in the platform economy and has become an important place and value source for products in the digital era.https://www.mdpi.com/2073-445X/12/7/1417platform economyurban–rural integrated developmentregional innovation capabilitydigital land
spellingShingle Wang Zhang
The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from China
Land
platform economy
urban–rural integrated development
regional innovation capability
digital land
title The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from China
title_full The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from China
title_fullStr The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from China
title_full_unstemmed The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from China
title_short The Impact of the Platform Economy on Urban–Rural Integration Development: Evidence from China
title_sort impact of the platform economy on urban rural integration development evidence from china
topic platform economy
urban–rural integrated development
regional innovation capability
digital land
url https://www.mdpi.com/2073-445X/12/7/1417
work_keys_str_mv AT wangzhang theimpactoftheplatformeconomyonurbanruralintegrationdevelopmentevidencefromchina
AT wangzhang impactoftheplatformeconomyonurbanruralintegrationdevelopmentevidencefromchina