Does the digital economy exhibit multiplier effects? A case study on the optimization of agricultural production structure in rural digital economy

The multiplier effect of the digital economy exists in production activities, so is the structure of agricultural production, which is closely related to it, affected by the digital economy? Based on the panel data of 30 provinces from 2011 to 2020. The results show that: (1) The development level of China's rural digital economy shows a general upward trend, showing regional differences with high levels in the southeastern coastal regions and low levels in the central and western regions. (2) The rural digital economy significantly contributes to agricultural production structure upgrading (APSU), this positive effect is more obvious in the main grain-producing areas, areas with a high degree of land transfer, and agricultural production agglomeration areas. (3) The rural digital economy achieves APSU by promoting technological innovation, facilitating industrial integration, and stimulating consumption upgrading, while there is a multiplier effect for this impact, that is, the existence of Metcalfe's law in APSU was verified for the first time. The multiplier effect stems not only from the rural digital economy, but also from the synergistic effect formed by technological innovation, industrial integration, and consumption upgrading, jointly playing a role in increasing marginal effects.

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Publication Details

Journal
International Journal of Agricultural Sustainability
Published
2024-08-16
DOI
https://doi.org/10.1080/14735903.2024.2386821
Citations
26
Primary Topic
Digitalization and Economic Development in Agriculture
Type
article
Field-Weighted Citation Impact
14.42
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article

Does the digital economy exhibit multiplier effects? A case study on the optimization of agricultural production structure in rural digital economy

Fengting Wang, Lichun Xiong, Hao Wang
26 citations
International Journal of Agricultural Sustainability
Digitalization and Economic Development in Agriculture
14.42
article

Does the digital economy exhibit multiplier effects? A case study on the optimization of agricultural production structure in rural digital economy

Fengting Wang, Lichun Xiong, Hao Wang
article en
26 citations

Abstract

The multiplier effect of the digital economy exists in production activities, so is the structure of agricultural production, which is closely related to it, affected by the digital economy? Based on the panel data of 30 provinces from 2011 to 2020. The results show that: (1) The development level of China's rural digital economy shows a general upward trend, showing regional differences with high levels in the southeastern coastal regions and low levels in the central and western regions. (2) The rural digital economy significantly contributes to agricultural production structure upgrading (APSU), this positive effect is more obvious in the main grain-producing areas, areas with a high degree of land transfer, and agricultural production agglomeration areas. (3) The rural digital economy achieves APSU by promoting technological innovation, facilitating industrial integration, and stimulating consumption upgrading, while there is a multiplier effect for this impact, that is, the existence of Metcalfe's law in APSU was verified for the first time. The multiplier effect stems not only from the rural digital economy, but also from the synergistic effect formed by technological innovation, industrial integration, and consumption upgrading, jointly playing a role in increasing marginal effects.

International Journal of Agricultural SustainabilityVol. 22(1)
Beijing Institute of Technology (CN), Zhejiang A & F University (CN)
Zero hunger
Openalex Percentile: Top 1%
Digitalization and Economic Development in Agriculture
14.42
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