数字经济和实体经济融合对企业全要素生产率的影响  

The Impact of the Integration of Digital Economy and Real Economy on the Total Factor Productivity of Enterprises

作　　者：盛明泉[1] 刘泽源 SHENG Ming-quan;LIU Ze-yuan(School of Accounting,Anhui University of Finance and Economics,Bengbu Anhui 233030,China)

机构地区：[1]安徽财经大学会计学院,安徽蚌埠233030

出　　处：《铜陵学院学报》2024年第3期18-23,共6页Journal of Tongling University

基　　金：安徽省社会科学规划重点项目“新发展阶段安徽打造科技创新策源地创新生态系统研究”(AHSKZ2021D25);安徽财经大学研究生科研创新基金项目“数字经济、成本战略与企业全要素生产率”(ACYC2022153)。

摘　　要：文章以中国A股2011—2021年上市公司为研究对象,实证检验了数字经济和实体经济融合对企业全要素生产率的影响。结果表明,数字经济和实体经济融合显著正向影响企业全要素生产率,数字化转型和交易成本发挥着中介效应。进一步分析表明,数字经济和实体经济融合对企业全要素生产率的积极影响在东部地区、制造业、高人力资本以及大企业中更为明显。地方政府可通过实施差异化的发展战略加深数实融合;同时应重视企业数字化转型升级,为中小企业发展提供政策倾斜和资金支持。The article empirically examines the impact of the integration of the digital and real economies on firms'total factor productivity using Chinese A-share listed companies from 2011 to 2021.The results show that the integration of digital economy and real economy significantly and positively affects firms'total factor productivity,with digital transformation and transaction costs playing a mediating effect.Further analysis shows that the positive impact of digital and real economy integration on enterprise total factor productivity is more obvious in enterprises in the eastern region,manufacturing enterprises,high human capital enterprises,and large enterprises.Local governments can implement differentiated development strategies to deepen the integration of digital economy and real economy;Meanwhile,the local governments can also attach importance to the problem of the digital transformation and upgrading of enterprises,and provide policy support and financial support for the SMEs.

关 键 词：数字经济和实体经济融合 数字化转型 交易成本 企业全要素生产率 

分 类 号：F279.23[经济管理—企业管理]