Global value chains, digital economy, and upgrading of China’s manufacturing industry
This study utilized panel data from 31 provinces in China from 2006 to 2020 to investigate the impact of the digital economy on the upgrading of the manufacturing industry’s global value chain. Two types of spatial weighting matrices were used to construct SAR, SEM, SAC, and SDM models. The results...
| Main Authors: | , , , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
2023
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| Online Access: | https://hdl.handle.net/10356/169503 |
| _version_ | 1826125079732289536 |
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| author | Li, Wenqi Li, Qi Chen, Ming Su, Yutong Zhu, Jianhua |
| author2 | School of Social Sciences |
| author_facet | School of Social Sciences Li, Wenqi Li, Qi Chen, Ming Su, Yutong Zhu, Jianhua |
| author_sort | Li, Wenqi |
| collection | NTU |
| description | This study utilized panel data from 31 provinces in China from 2006 to 2020 to investigate the impact of the digital economy on the upgrading of the manufacturing industry’s global value chain. Two types of spatial weighting matrices were used to construct SAR, SEM, SAC, and SDM models. The results revealed that technological innovation plays a direct mediating role in the upgrading of the manufacturing industry, and the global value chain has a positive regulatory effect on the relationship between the digital economy and the manufacturing industry’s upgrading. Under the economic distance spatial weighting matrix, the spatial spillover effect of the digital economy on the manufacturing industry’s global value chain is not significant, whereas, under the geographic distance spatial weighting matrix, the digital economy has a positive and significant spatial spillover effect. The SDM model showed the best explanatory effect. This implies that geographic spatial dependence has a significant impact on the upgrading of the manufacturing industry’s industrial structure, and it is positively influenced by nearby provinces. Understanding the impact mechanism and spatial spillover effects of the digital economy on the manufacturing industry’s upgrading can help promote efficient, fair, and balanced regional development. It can also aid in constructing a new domestic and international “dual circulation” development pattern that evolves with the global manufacturing value chain, sharing the dividends of the digital economy’s impact on the global value chain’s development. |
| first_indexed | 2024-10-01T06:30:54Z |
| format | Journal Article |
| id | ntu-10356/169503 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T06:30:54Z |
| publishDate | 2023 |
| record_format | dspace |
| spelling | ntu-10356/1695032023-07-23T15:30:27Z Global value chains, digital economy, and upgrading of China’s manufacturing industry Li, Wenqi Li, Qi Chen, Ming Su, Yutong Zhu, Jianhua School of Social Sciences Social sciences::Economic development Global Value Chain Digital Economy This study utilized panel data from 31 provinces in China from 2006 to 2020 to investigate the impact of the digital economy on the upgrading of the manufacturing industry’s global value chain. Two types of spatial weighting matrices were used to construct SAR, SEM, SAC, and SDM models. The results revealed that technological innovation plays a direct mediating role in the upgrading of the manufacturing industry, and the global value chain has a positive regulatory effect on the relationship between the digital economy and the manufacturing industry’s upgrading. Under the economic distance spatial weighting matrix, the spatial spillover effect of the digital economy on the manufacturing industry’s global value chain is not significant, whereas, under the geographic distance spatial weighting matrix, the digital economy has a positive and significant spatial spillover effect. The SDM model showed the best explanatory effect. This implies that geographic spatial dependence has a significant impact on the upgrading of the manufacturing industry’s industrial structure, and it is positively influenced by nearby provinces. Understanding the impact mechanism and spatial spillover effects of the digital economy on the manufacturing industry’s upgrading can help promote efficient, fair, and balanced regional development. It can also aid in constructing a new domestic and international “dual circulation” development pattern that evolves with the global manufacturing value chain, sharing the dividends of the digital economy’s impact on the global value chain’s development. Published version This research was funded by Shandong Social Science Planning Project, China (Grant No. 21BZBJ15, 21CJJJ17); Shandong natural science foundation project, China (ZR2020mg008, ZR2022QG020); Qingdao Social Science Planning Project, China (QDSKL2201229, QDSKL2201231). 2023-07-21T01:28:37Z 2023-07-21T01:28:37Z 2023 Journal Article Li, W., Li, Q., Chen, M., Su, Y. & Zhu, J. (2023). Global value chains, digital economy, and upgrading of China’s manufacturing industry. Sustainability, 15(10), 8003-. https://dx.doi.org/10.3390/su15108003 2071-1050 https://hdl.handle.net/10356/169503 10.3390/su15108003 2-s2.0-85160951022 10 15 8003 en Sustainability © 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). application/pdf |
| spellingShingle | Social sciences::Economic development Global Value Chain Digital Economy Li, Wenqi Li, Qi Chen, Ming Su, Yutong Zhu, Jianhua Global value chains, digital economy, and upgrading of China’s manufacturing industry |
| title | Global value chains, digital economy, and upgrading of China’s manufacturing industry |
| title_full | Global value chains, digital economy, and upgrading of China’s manufacturing industry |
| title_fullStr | Global value chains, digital economy, and upgrading of China’s manufacturing industry |
| title_full_unstemmed | Global value chains, digital economy, and upgrading of China’s manufacturing industry |
| title_short | Global value chains, digital economy, and upgrading of China’s manufacturing industry |
| title_sort | global value chains digital economy and upgrading of china s manufacturing industry |
| topic | Social sciences::Economic development Global Value Chain Digital Economy |
| url | https://hdl.handle.net/10356/169503 |
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