数字金融对制造业企业出口产品质量的影响研究

Research on the influence of digital finance development on the quality of manufacturing enterprises’export products

出口产品质量既是中国经济高质量发展的重要引擎,也是中国经济核心竞争力的外部体现,同时也是抵御外部竞争实现价值链升级的关键所在。基于2011—2015年工企数据库、海关数据库以及北大数字普惠金融指数的数据,实证检验了数字金融(及其3个子维度)对制造业企业出口产品质量的影响,结果表明数字金融能显著提升制造业企业出口产品质量,其中数字金融覆盖广度的促进效应最显著;异质性分析结果显示数字金融对东部地区企业以及民营企业的促进效应更强;作用机制分析发现数字金融能够通过缓解企业融资约束、增强技术创新能力对制造业企业出口产品质量水平的提高产生积极影响。

The quality of export products is not only an important engine for the high-quality development of China’s economy,but also the external embodiment of the core competitiveness of China’s economy,and the key to resist external competition and realize the upgrade of the value chain.Based on industrial database from 2011 to 2015,the customs database,and Peking University pratt&whitney financial index data,the empirical test digital financial(and its three dimensions)on the quality of the manufacturing enterprises to export products,the results show that the digital financial significantly improving the quality of manufacturing enterprises to export products,including digital financial coverage of the most significant promoting effect;Heterogeneity analysis shows that digital finance has a stronger promoting effect on enterprises and private enterprises in eastern China.The mechanism analysis shows that digital finance can have a positive impact on the improvement of the quality of manufacturing enterprises’export products by easing the financing constraints of enterprises and enhancing the technological innovation ability.