Author(s)

ZhiChao Li

Affiliation(s)

School of Economics of Yunnan University of Finance and Economics, Kunming 650221, Yunnan Province, China.

Corresponding Author

ZhiChao Li

ABSTRACT

Under the background of the new development pattern of digital economy empowerment, based on the panel data of 31 provinces in China from 2010 to 2020, this paper uses the principal component method and the entropy weight method to measure the development level of digital economy in each region, and conducts an empirical study on the impact of outward direct investment in each province on the development of digital economy. It is found that OFDI has a restraining effect on the development level of digital economy as a whole, while outward FDI in the eastern, central and western regions also has a negative effect on the development level of digital economy in various regions, among which the inhibition effect is the most significant in the west, followed by the central region and the weakest in the east. Furthermore, by taking industrial structure upgrading as the mediating variable, when studying its mediating role in the influence of outward direct investment on the development level of digital economy, it is found that the advanced industrial structure plays a significant inhibitory role in it.

KEYWORDS

Digital economy; OFDI

CITE THIS PAPER

ZhiChao Li. Research on the impact of outward direct investment on the development level of digital economy. World Journal of Management Science. 2023, 1(1): 55-67. DOI: 10.61784/wms231101

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