Author(s)

Ziyang Zhang ¹

Affiliation(s)

¹ The University of Sydney, Sydney, NSW, 2050, Australia

Corresponding Author

Ziyang Zhang

ABSTRACT

The goal of this article is to investigate how the digital economy, as a new economic form, may successfully propel the urban economy toward high-quality growth. With the rapid development and widespread application of information technology, the digital economy has emerged as an important force in promoting the transformation and upgrading of the global economy, with a growing impact on urban economic structure optimization, innovation capability improvement, and resource allocation efficiency enhancement. Based on these two contexts, this research employs the double differential analysis (Difference-in-Differences, DiD) model to comprehensively investigate the unique mechanism and effect of digital economy on the high-quality development of urban economies through empirical analysis. 

KEYWORDS

Digital economy; high-quality development of urban economy; double difference analysis (DiD); economic growth

CITE THIS PAPER

Ziyang Zhang, High Quality Development of Urban Economy Driven by Digital Economy: Application and Empirical Research of Double Difference Analysis Model. Financial Engineering and Risk Management (2024) Vol. 7: 123-129. DOI: http://dx.doi.org/10.23977/ferm.2024.070416.

REFERENCES

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[3] Wang Ying, Zhou Jianjun. Can Smart City Pilot Projects Promote Economic Growth? -- An Empirical Test Based on the Double Difference Model [J]. East China Economic Management, 2021, 35(12):80-91.
[4] Tang Yiqiu. Digital Economy Enabling High-quality Urban Development: Quasi-natural Experimental Analysis Based on Smart City Construction [J]. Price Theory and Practice, 2020, No.435 (09):156-159+180.
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[6] Wei Dongming, Xu Yang, Gu Naihua. Digital economy drives high-quality economic development [J]. Scientific Research Management, 2023, 44(09):10-19.

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