Journal of Guangxi Teachers Education University (Philosophy and Social Sciences Edition) ›› 2024, Vol. 60 ›› Issue (1): 21-31.doi: 10.16088/j.issn.1001-6597.2024.01.003

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Inclusive Growth: The Condition and Mechanism for Technological Progress to Promote Common Prosperity —Evidences from Global Macro Panel Data

ZANG Lei-zhen1,2, ZHANG Bing-qian3, LIU Chao1   

  1. 1. College of Humanities and Development Studies, China Agricultural University, Beijing 100193;
    2. Institute of State Governance Studies, Peking University, Beijing 100080;
    3. School of Public Administration, Nanjing Audit University, Nanjing 211815, China
  • Received:2023-06-20 Online:2024-01-25 Published:2024-02-26

Abstract: The development of modern information and communication technologies (ICTs) is an important symbol of technological revolution and industrial progress, and its role in economic and social development is becoming increasingly prominent. Based on global panel data from 158 countries (or regions) from 1990 to 2019, this study explores the impact mechanism of ICTs on national poverty reduction, and then analyzes, from an inclusive perspective, the mechanism of ICTs development in promoting social common prosperity. The findings tell that the development of ICTs significantly reduces a country’s absolute poverty and relative multidimensional poverty, and the marginal effects of poverty reduction bear a U-shaped characteristic. Meanwhile, the marginal contribution of ICTs to national poverty reduction exhibits, the study finds, differentiated characteristics in different regions and it gradually diminishes over time. The impact of ICTs on national poverty governance lies in its promoting economic growth and improving income distribution. This indicates that, while balancing efficiency and equity and achieving inclusive growth, the progress of ICTs ultimately contributes to promoting common prosperity among different countries.

Key words: ICTs, poverty, panel data, economic growth, income distribution, common prosperity

CLC Number:  F627;F113.9
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