Does digital transformation reduce the labor income share in enterprises?

被引：5
|
作者：
Yang, Guang-Zhao [1 ]
Si, Deng-Kui [2 ]
Ning, Guang-Jie [1 ]
机构：
[1] Shandong Univ, Sch Business, Weihai 264209, Shandong, Peoples R China
[2] Qingdao Univ, Sch Econ, Qingdao 266061, Shandong, Peoples R China
来源：
ECONOMIC ANALYSIS AND POLICY | 2023年 / 80卷
关键词：
Digital transformation; Labor income share; Commonwealth; Market monopoly; RISE; INEQUALITY; DYNAMICS; DECLINE; GROWTH; FALL;
D O I：
10.1016/j.eap.2023.10.025
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper investigates the impact of firms' digital transformation on labor income share utilizing a large sample of Chinese-listed enterprises from 2003 to 2020, and we find a negative correlation between digital transformation and enterprise labor income share. The results are robust to changing variable indicators, instrumental variable approach, and Difference-in-Difference method. The impact of enterprise digital transformation on labor income share is more pronounced for industrial industry, technology-intensive, and state-owned firms. Product market competition, employee wage bargaining power, and market size are essential in the relationship between enterprise digital transformation and labor income share. This study reveals that protecting employee rights and maintaining fair competition help weaken enterprise digital transformation's negative impact on labor income share.
引用
收藏
页码：1526 / 1538
页数：13
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