Research on the mechanism of digital drive economy enhancing quality and efficiency

R Ruixvan Gao J Jialun Lyu

Abstract

This paper, based on unstructured data, examines the outcomes and impact mechanisms of digitalization from the perspective of technological advancement and institutional evolution, providing empirical evidence for the role of digitalization in promoting economic quality and efficiency. The study finds that digitalization contributes to the improvement of regional economic development efficiency. Its economic impact primarily manifests in the transformation of traditional value creation models and the enhancement of marketization levels. The digital economy, by activating digital platforms, alleviates the problem of information asymmetry, thereby enhancing the standardization of market transactions and improving economic efficiency.

Article Details

Journal PLoS ONE
Volume / Issue Vol. 20, Issue 2
Published February 05, 2025
Pages e0316985
ISSN 1932-6203
Publisher Public Library of Science

Journal Info

PLoS ONE

Public Library of Science

ISSN: 1932-6203 Open Access Health Sciences

Authors (2)

R

Ruixvan Gao

J

Jialun Lyu