数字技术对制造业转型升级的异质性影响

Heterogeneous Influence of Digital Technology on the Transformation of Manufacturing Industry

党的十八大以来,中国经济步入从高速增长转向中高速增长、从规模速度型粗放增长转向质量效率型集约增长的“新常态”,为实现制造业转型升级,党中央高度重视数字经济,坚持推动数字技术与实体经济深度融合,推动制造业向数字化、智能化、智慧化目标迈进。在此背景下,研究数字技术对于制造业转型升级的影响尤为重要。论文以2013-2019年874家制造业上市公司作为样本,深入研究数字技术应用对制造业转型升级的异质门槛效应及作用路径。研究结果显示,数字技术应用对于制造业企业转型升级有显著的正向促进作用,主要是通过降低交易成本改善资产运营效率路径实现,而对于满足差异化长尾需求提升盈利能力作用并不显著。异质性研究结果表明,对于高技术能力、低企业规模、高资产周转、高劳动依赖的企业,数字技术应用对转型升级有着更加显著的促进作用。

Since the 18th National Congress of the Communist Party of China,China’s economy has stepped into the“new normal”from high-speed growth to medium high-speed growth,from extensive growth of scale and speed to intensive growth of quality and efficiency.The transformation and upgrading of manufacturing industry is imminent.The Party Central Committee attaches great importance to digital economy,insists on promoting the deep integration of digital technology and economy,and promotes the manufacturing industry to the goal of digitization.In this context,it is particularly important to study the impact of digital technology on the transformation and upgrading of manufacturing industry.This paper takes 874 listed manufacturing companies from 2013 to 2019 as samples to study the heterogeneous threshold effect and action path of digital technology application on the transformation and upgrading of manufacturing industry.The results show that the application of digital technology has a significant positive role in promoting the transformation and upgrading of manufacturing enterprises,mainly through reducing transaction costs to improve business efficiency and promoting R&D expenditure to enhance innovation.The results show that for the enterprises with high-tech capability,low enterprise scale,high asset turnover and high labor force dependence,the application of digital technology has a more significant role in promoting the transformation and upgrading.