Innovation Economics and Management Research (IEMR)

Publisher:ISCCAC

Digital Economy Empowers Rural Revitalization — An Empirical Study Based on the PVAR Model
Authors

Yong Yu, Zhu Ye

Corresponding Author

Zhu Ye

Publishing Date

31 Oct. 2022

Keywords

Digital economy, Rural revitalization, Empirical evidence.

Abstract

With the development of digital economy and rural revitalization, the current research on the relationship between the two has become more and more in-depth. Whether the digital economy can promote comprehensive rural revitalization and whether it can effectively empower rural revitalization is the main content of this paper. Based on the theory of digital economy and rural revitalization, this paper collects and organizes panel data of 30 provinces in China from 2012 to 2019, uses the principal component analysis method and entropy method to calculate the index of digital economy and rural revitalization, and then uses the panel vector autoregressive model (PVAR model) to test the enabling effect of the digital economy on rural revitalization. The research shows that the digital economy has a significant role in promoting rural revitalization and can better boost the development of rural revitalization. Guiding the development of the digital economy is of great significance for the implementation of the rural revitalization strategy.

Copyright

© 2022, the Authors. Published by ISCCAC

Open Access

This is an open access article distributed under the CC BY-NC license