Open Access Journal Article

The impact of digital economy development on local fiscal revenue efficiency

by Haixiang Xiao a  and  Jiayi Liu a, b,*
a
School of Economics and Trade, Hunan University, Changsha, China
b
School of Business, Wake Forest University, Winston Salem, USA
*
Author to whom correspondence should be addressed.
EAL  2022, 6; 1(2), 6; https://doi.org/10.58567/eal01020001
Received: 15 November 2022 / Accepted: 9 December 2022 / Published Online: 13 December 2022
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Abstract

The vigorous development of the digital economy has brought new opportunities and challenges to the construction of local fiscal revenue efficiency. Based on the panel data from 2011 to 2020, this paper uses the fixed effect model, instrumental variable method and other empirical studies to investigate the impact of the development of the digital economy on the efficiency of local fiscal revenue. The research results show that the development of the digital economy has directly improved the efficiency of local fiscal revenue, and the regression results of instrumental variables are still significant. The mechanism analysis shows that the development of digital economy mainly promotes local fiscal revenue such as efficiency improvement by cultivating tax sources.

Keywords: Digital economy development; Fiscal revenue efficiency; China;
Copyright: © 2022 by Xiao and Liu. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Xiao, H.; Liu, J. The impact of digital economy development on local fiscal revenue efficiency. Economic Analysis Letters, 2022, 1, 6. https://doi.org/10.58567/eal01020001
AMA Style
Xiao H, Liu J. The impact of digital economy development on local fiscal revenue efficiency. Economic Analysis Letters; 2022, 1(2):6. https://doi.org/10.58567/eal01020001
Chicago/Turabian Style
Xiao, Haixiang; Liu, Jiayi 2022. "The impact of digital economy development on local fiscal revenue efficiency" Economic Analysis Letters 1, no.2:6. https://doi.org/10.58567/eal01020001
APA style
Xiao, H., & Liu, J. (2022). The impact of digital economy development on local fiscal revenue efficiency. Economic Analysis Letters, 1(2), 6. https://doi.org/10.58567/eal01020001

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