Digital transformation and total factor productivity of enterprises: evidence from China

被引：0
|
作者：
Yanan Liang
Cheng Zhang
机构：
[1] National Academy of Governance,Party School of the Central Committee of C.P.C.
[2] Graduate School of Chinese Academy of Social Sciences,undefined
来源：
Economic Change and Restructuring | 2024年 / 57卷
关键词：
Digital transformation; Total factor productivity; Breakthrough innovation; Text analysis; O36; O40;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
Total factor productivity is the goal pursued by many countries in the development process. Despite the fact that total factor productivity plays a very important role in the transformation and development of enterprises, there is little literature that incorporates the digital transformation of individual microenterprises into the analytical framework of enterprises’ innovative behavior and economic impact. This paper empirically analyzes the impact of enterprise digital transformation on total factor productivity using the data of Shanghai and Shenzhen A-share listed enterprises from 2010 to 2021. It is found that enterprise digital transformation has a significant positive effect on the improvement of total factor productivity, and breakthrough innovation plays a positive role in the impact of digital transformation on total factor productivity of enterprises. This study provides important empirical support for enterprises to promote digital transformation and enhance their total factor productivity.
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