Research on the Impact of Digital Innovation Driving the High-Quality Development of the Shipping Industry

Abstract

Based on the evaluation index system of high-quality development of the shipping industry and digital innovation, this paper uses the “VHSD-EM” model to evaluate the high-quality development of the shipping industry and digital innovation in 11 coastal provinces of China from 2010 to 2019 and the fixed effect model to study the impact of digital innovation on the high-quality development of the shipping industry. The results show the following: (1) Both the index of the high-quality development of the shipping industry and the index of digital innovation generally show a slow growth trend, but there are obvious differences in regional development, among which the Yangtze River Delta and Pearl River Delta have prominent advantages; (2) Digital innovation plays a significant role in promoting high-quality development of the shipping industry. When the index of digital innovation increases by 1 unit, the index of the high-quality development of the shipping industry increases by 1.233 units on average. However, the potential of digital innovation driving the high-quality development of the shipping industry has not been fully utilized; (3) Investment in education and technology and other transportation industries have an important impact on the high-quality development of the shipping industry. It is necessary to increase the investment in education and science, improve the level of shipping technology, and exert the function of transportation to form a complete traffic and transport network. In general, the paper verifies the role of digital innovation in promoting the high-quality development of the shipping industry, as well as the impact of related factors on the high-quality development of the shipping industry, putting forward targeted suggestions for promoting the high-quality development of the shipping industry.