Open Access Journal Article

Digital economy, entrepreneurial activity, and common prosperity: Evidence from China

by Tongtong Zhao a Fangyi Jiao a,*  and  Zhongwei Wang a
School of economics and business administration, Heilongjiang University, Harbin, China
Author to whom correspondence should be addressed.
JIE  2023, 5; 1(1), 5;
Received: 18 December 2022 / Accepted: 15 January 2023 / Published Online: 16 January 2023


Based on the provincial panel data of China from 2011 to 2019 for a total of 9 years, this paper uses the entropy method to construct a comprehensive measure of the digital economy and common prosperity. We theoretically analyzed the impact mechanism of the digital economy on common prosperity using the econometric model. The study found that the digital economy can significantly promote the realization of common prosperity. The digital economy has a significant impact on the development and sustainability of common prosperity. The results of the impact mechanism show that the digital economy promotes common prosperity by increasing entrepreneurial activity. Heterogeneity research shows that the role of digital economy in promoting common prosperity changes with different regions. Specifically, the digital economy in the central and western regions can significantly promote the realization of common prosperity, but this impact is not significant in the eastern region. From the regression results of the digital economy, we can see that industrial digitalization and digital infrastructure play a greater role in promoting common prosperity. Economic openness affects the promotion of digital economy to common prosperity. The conclusion of this work provides an important research reference for the development of digital economy and the realization of common prosperity.

Copyright: © 2023 by Zhao, Jiao and Wang. 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
Zhao, T.; Jiao, F.; Wang, Z. Digital economy, entrepreneurial activity, and common prosperity: Evidence from China. Journal of Information Economics, 2023, 1, 5.
AMA Style
Zhao T, Jiao F, Wang Z. Digital economy, entrepreneurial activity, and common prosperity: Evidence from China. Journal of Information Economics; 2023, 1(1):5.
Chicago/Turabian Style
Zhao, Tongtong; Jiao, Fangyi; Wang, Zhongwei 2023. "Digital economy, entrepreneurial activity, and common prosperity: Evidence from China" Journal of Information Economics 1, no.1:5.
APA style
Zhao, T., Jiao, F., & Wang, Z. (2023). Digital economy, entrepreneurial activity, and common prosperity: Evidence from China. Journal of Information Economics, 1(1), 5.

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