MISMATCH OF LABOR SUPPLY AND DEMAND AND THE PATH OF INDUSTRIAL UPGRADING IN THE CONTEXT OF DIGITAL ECONOMY

Authors

  • Yingyue WANG Thammasat University, Thailand

DOI:

https://doi.org/10.14456/aisr.2024.14

Keywords:

Labor Supply-Demand Mismatch, Upgrading Industrial Structure, Digital Economics, Regulation Effect

Abstract

In the context of digital economy, this paper mainly studies the impact of China's labor supply and demand mismatch on industrial structure upgrading, and the path of digital economy to adjust labor supply and demand mismatch and industrial structure upgrading. This paper puts forward three hypotheses: first, the mismatch of labor supply and demand will inhibit the advancement and rationalization of industrial structure; second, the regulatory effect of digital economy can force human capital to improve the industrial structure and contribute to the upgrading of industrial structure; third, the digital economy can alleviate the negative impact of the rationalization of the mismatched industrial structure of labor supply and demand. The empirical results of this study show that, first of all, the mismatch of labor supply and demand in China has a direct inhibitory effect on the upgrading and rationalization of industrial structure; Second, China's digital economy has played an important role in adjusting the imbalance between labor supply and demand and improving the industrial structure. This paper is devoted to finding out how to effectively deal with the problem of labor supply and demand mismatch, promote the upgrading of industrial structure, and maintain the steady growth of national economy.

References

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Published

2024-08-17

How to Cite

WANG, Y. (2024). MISMATCH OF LABOR SUPPLY AND DEMAND AND THE PATH OF INDUSTRIAL UPGRADING IN THE CONTEXT OF DIGITAL ECONOMY. Asian Interdisciplinary and Sustainability Review, 13(2), 62–69. https://doi.org/10.14456/aisr.2024.14