What question did this study set out to answer?

To evaluate how digital economy expansion influences capital and labor resource allocation across different sub-sectors of the service industry.

June 30, 2022SustainabilityOpen Access

Digital Economy, Industry Heterogeneity, and Service Industry Resource Allocation

View Full Paper

Ask AI

Bookmark

Authors

WQWei QianUniversity of Notre Dame HLHuan LiuNortheast Agricultural University FPFanghui PanNortheast Agricultural University

Discussion

Member takes

Implication

Panel data analysis reveals digital economy growth reduces service industry resource misallocation in China, suggesting targeted digital transformation accelerates economic efficiency.

Key Points

To evaluate how digital economy expansion influences capital and labor resource allocation across different sub-sectors of the service industry.
Constructed a theoretical model measuring resource mismatch efficiency loss that incorporates service industry digitalization.
Conducted an empirical panel data analysis across sub-sectors of China's service industry covering the period from 2001 to 2020.
Capital mismatch is more pronounced than labor mismatch across service sectors, with low-digitalization traditional industries suffering severe efficiency losses.
Digital economy growth significantly mitigates resource misallocation in both traditional and emerging service sectors, with the most pronounced improvements occurring in emerging industries.
Government intervention effectively improves capital mismatch but not labor mismatch, while an increased proportion of state-owned enterprises improves labor mismatch rather than capital mismatch.

Cite This Study

Qian et al. (2022) studied this question.

synapsesocial.com/papers/6a008ee6b124fe581985f2c5 https://doi.org/10.3390/su14138020

View Full Paper

Ask AI

Bookmark

Implication

Panel data analysis reveals digital economy growth reduces service industry resource misallocation in China, suggesting targeted digital transformation accelerates economic efficiency.

Digital Economy, Industry Heterogeneity, and Service Industry Resource Allocation

Discussion

Member takes

Implication

Key Points

Cite This Study

Digital Economy, Industry Heterogeneity, and Service Industry Resource Allocation

Discussion

Member takes

Implication

Key Points

Cite This Study

Also Consider

Also Consider