The Virtuous Cycle between Digital Technology, Enterprise Digital Transformation and Digital Economy Development -- A Study of the Dynamic Relationship Based on the PVAR Model

Digital transformation of enterprises is not only a choice to comply with the economic development trend, but also use digital technology reduce costs and increase efficiency necessary path for enterprise development. Under TOE framework, this paper takes technology, economy level as main variables. By constructing PVAR model incorporate three into same analytical dynamic interrelationship degree influence between in time series are empirically examined. The research results show that (1) causally related each other have mutually reinforcing influence. (2) There inertia self-reinforcement mechanisms among (3) Although interaction variables gradually decreases tends zero over time, it still has strong lag. enrich relationship development, provide strategic references upgrading.