Digital Economy And Export Comparative Advantage Enhancement

Since the reform and opening-up,export trade has made a remarkable contribution to the growth of the national econom However,in the context of the global economic slowdown,Sino-US trade friction and the slow progress of multilateral trade negotiations,it has become the most urgent task to adjust the development mode of Chinese export trade and improve the comparative advantages of Chinese export products.At the same time,new concepts have emerged in recent years in the form of artificial intelligence,5G,Big Data and other digital technologies.All these phenomena show us that the age of the digital economy has dawned.The digital economy is a major driving force to kick-start the economic cycle,revitalize growth engines and increase economic resilience.It has become the No.1 new driving force for high-quality development of China’s economy.It can decisively support the construction of a new development pattern and a modernized economic system,and become a key factor in restructuring global factor resources,reshaping the global economic structure and changing global competition.Under the influence of internal and external changes such as the weakening of traditional comparative advantages in foreign trade,the global spread of COVID-19,As well as the escalation of the trade confrontation between China and the USA,it is extremely crucial to accelerate the promotion of digital technology,improve the digital capacity of foreign trade and create new impetus for the high-quality development of foreign trade.Therefore,it is of great significance in theory and practice to systematically evaluate and Investigating the relationship between the digital economy and increasing comparative export advantage.The innovation of this paper shows that most researches are currently based on the analysis of digital economy and foreign trade,and explore the future digital development for our country’s export opportunities and challenges.However,few scholars have described the practical significance of the development of our digital economy for improving comparative export advantage.This paper conducts an empirical study on the relationship between digital economy and comparative export advantage using inter-provincial panel data,and makes relevant policy suggestions.In order to clarify the impact of the digital economy on China’s comparative export advantages,this paper further explores the mechanism and path of the digital economy to comparative export advantages based on the existing relevant literature,which provides a certain theoretical foundation for the empirical research that follows.The empirical study uses data from China’s manufacturing and industrial sectors from2010-2020 and disaggregates the data by province to examine the impact of the development of the digital economy on improving local comparative advantage in exports.The results are as follows:(1)the development of the digital economy plays a certain role in promoting comparative export advantage,and the results pass a series of robustness tests;(2)the functional channel analysis shows that the effect of the digital economy on improving comparative export advantage is mainly through human capital,the development of high-tech industry and the improvement of innovation output;(3)the heterogeneity analysis shows that from the regional perspective,the enhancing effect of digital economy on comparative export advantage is significant in the eastern region,followed by the western region.Finally,in line with the findings of the research presented in this paper,the development of a strategy for the implementation of the digital economy.strengthen the construction of digital economy infrastructure;accelerate data opening;promote innovation and accelerate the integration of data and quotient;Some policy proposals are divided into five aspects: Training digital talents and improving national digital literacy put forward.