ISSN: 2226-3624
Open access
In today’s ever-changing international situation, the role of digitalization and digital technologies in accelerating economic recovery is becoming increasingly evident. Digital service trade has gradually become a key driving force for international trade and global economic recovery and growth. With its favorable policy environment and infrastructure, Zhejiang Province has witnessed rapid development in digital services trade. Based on data of China and Zhejiang Province from 2013 to 2022, this paper first analyzes the current situation of digital services trade in Zhejiang Province and its international competitiveness. The results show that the overall scale of digital services trade has expanded over the past decade, but its structure is relatively unreasonable. Moreover, its competitiveness is relatively strong and has an overall upward trend, but has weakened in recent years due to the decrease in export and the increase in import. This paper further conducts an empirical study on the influencing factors of digital services trade competitiveness in Zhejiang Province based on Porter's theory of national competitive advantage. The analysis shows that the export of services trade is most closely related to the digital services trade, while the foreign investment in actual use has a relatively weak correlation with the digital service trade due to its unclear driving effect on the export. R&D level, fixed asset investment, disposable income per capita, export of services trade, and the openness of digital services trade have a positive impact on its competitiveness, while the foreign investment in actual use has a negative effect. Finally, based on the research results, this paper puts forward corresponding recommendations.
Gupta, S., Ghosh, P., & Sridhar, V. (2022). Impact of data trade restrictions on IT services export: A cross-country analysis. Telecommunications Policy, 46(9), 102403.
Hoekman, B. M., & Stern, R. M. (1991). Evolving patterns of trade and investment in services. In International economic transactions: Issues in measurement and empirical research (pp. 237-290). University of Chicago Press.
Liu, L., & Luo, W. (2022). Measurement and International Comparison of the Competitiveness of Digital Service Trade Based on Entropy Method. In 2022 3rd International Conference on E-commerce and Internet Technology (ECIT 2022) (pp. 468-476). Atlantis Press.
Martincevic, I. (2022). The Correlation Between Digital Technology and Digital Competitiveness. International Journal for Quality Research, 16(2).
Rudyk, N. V., Niyazbekova, S. U., Yessymkhanova, Z. K., & Toigambayev, S. K. (2022). Development and Regulation of the Digital Economy in the Context of Competitiveness. ?ooperation and Sustainable Development (pp. 167-174). Springer International Publishing.
Guerrieri, P., & Meliciani, V. (2005). Technology and international competitiveness: The interdependence between manufacturing and producer services. Structural change and economic dynamics, 16(4), 489-502.
Mitchell, J. (2018). A proposed framework for digital supply-use tables. In meeting of the Informal Advisory Group on Measuring GDP in a Digitalised Economy, OECD (Vol. 9).
Wen, H., Shu, S., Zheng, S. (2021). International Digital Services Trade Pattern and China's Trade Status, Review of Industrial Economics, 2021(01).
Yunsong, Y., & Rou, L. (2020). Comparison of international competitiveness of digital service trade and its revelation to China [J]. China circulation economy, 34(04).
In-Text Citation: (Huang & Chen, 2023)
To Cite this Article: Huang, J., & Chen, Q. (2023). Research on the International Competitiveness and Influencing Factors of Digital Service Trade: Evidence from Zhejiang Province, China. International Journal of Academic Research in Economics and Management and Sciences, 12(2), 535 – 555.
Copyright: © 2023 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode