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The Impact of the Digital Economy on the Income Gap Between Urban and Rural Residents - An Empirical Analysis Based on Panel Data from Heilongjiang Province

Author(s)

Dai Xueling

Affiliation(s)

School of Finance and Public Administration, Harbin University of Commerce, Harbin, Heilongjiang, China

Abstract

This paper examines the impact of the digital economy on the income gap between urban and rural residents using relevant data from cities and regions in Heilongjiang Province from 2013 to 2022. The research reveals that the digital economy can narrow the income gap between urban and rural residents, with the greatest reduction effect observed in second-tier cities in Heilongjiang Province, followed by third-tier cities, and the smallest effect in fourth-tier cities. Furthermore, for cities of different population sizes, the role of the digital economy in narrowing the income gap between urban and rural residents exhibits variability, with a greater impact on megacities and large cities and a slightly smaller impact on medium-sized and small cities. Based on the conclusions and the actual situation of rural development, relevant policy recommendations are proposed to accelerate farmer income growth, facilitate smooth economic circulation between urban and rural areas, narrow the income gap between urban and rural residents, and achieve common prosperity for all.

Keywords

Digital Economy; Income Gap Between Urban and Rural Residents; Common Prosperity

References

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