数字经济对我国通货膨胀的影响研究--基于我国省际面板数据的实证分析

Based on the hybrid Phillips curve model, this paper uses dynamic panel GMM method to analyze the impact of digital economy on inflation in 31 provinces of China. The results indicate that the digital economy significantly reduces the level of inflation in China, but also weakens the positive impact of output gap on inflation. This negative effect is the result of the promotion of digital infrastructure construction, the expansion of digital business scale and the wide application of digital equipment. The results of regional heterogeneity analysis show that the impact of digital economy on inflation varies among regions, with the largest inhibition on the western region, followed by the eastern region, and finally the central region. Therefore, while developing digital economy, it is also necessary to adapt to the specific production and development of the region, so as to ensure the parallel of high economic growth and low inflation.