企业数字化转型赋能全要素生产率:理论机制与经验证据  

Enterprise Digital Transformation Enables Total Factor Productivity:Theoretical Mechanism and Empirical Evidence

作　　者：王飞[1,2] 李月 WANG Fei;LI Yue(School of Economics,Nankai University,Tianjin 300071;School of Economics and Management,Kashi University,Kashi 844004)

机构地区：[1]南开大学经济学院,天津300071 [2]喀什大学经济与管理学院,新疆喀什844004

出　　处：《软科学》2024年第11期26-33,共8页Soft Science

基　　金：国家民委“一带一路”国别和区域研究中心“中巴经济走廊研究中心”高质量发展课题(ZBJJZL2023B06);2023年度自治区高校基本科研业务费科研项目(XJEDU2023P110);山东援疆指挥部横向经费支持项目(010203)。

摘　　要：从直接效应和间接效应两个维度探讨了数字化转型对全要素生产率的理论作用机制,构建数字化转型指标并基于2010—2022年A股上市公司数据进行实证分析。研究发现:企业数字化转型显著促进了全要素生产率的提升,且该结论通过了多重稳健性检验;企业数字化转型主要通过直接效应以及降低内部管控成本、外部交易成本的间接效应提升全要素生产率;企业数字化转型对全要素生产率的赋能效果在服务业、技术密集型、资本密集型、竞争性行业、大规模企业和新兴企业中更加明显。This paper discusses the theoretical mechanism of digital transformation on total factor productivity from the perspective of direct and indirect effects,and constructs an indicator of enterprise digital transformation based on the data of A-share listed companies from 2010 to 2022 for empirical analysis.It is found that,first,the digital transformation of enterprises has significantly promoted the improvement of total factor productivity,and this conclusion has passed multiple robustness tests.Secondly,enterprises' digital transformation enables total factor productivity to increase mainly through direct effects and indirect effects of reducing internal control costs and external transaction costs.Finally,the enabling effect of digital transformation on Total factor productivity is more obvious in the service industry,technology-intensive,capital-intensive,competitive industries,large-scale enterprises,and emerging enterprises.

关 键 词：数字化转型 全要素生产率 文本分析法 赋能效应 

分 类 号：F832.5[经济管理—金融学] F49F275