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Table 1.

The indicator system for the level of development in the digital economy.

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Table 2.

Variable definitions.

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Table 3.

Descriptive statistics for the variables.

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Table 4.

Benchmark regression results.

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Table 5.

Robustness check.

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Table 6.

Mechanism check.

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Table 7.

Regional heterogeneity.

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Table 8.

Heterogeneity in productivity levels.

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