企业数字化转型、创新水平与全要素生产率

Digital transformation,innovation and total factor productivity

文章通过收集2010-2019年中国A股上市公司相关数据,构建双固定效应模型和中介效应模型,探究数字化转型对企业全要素生产率提升的影响效果及机制。结果显示:(1)企业数字化转型对全要素生产率有显著的积极影响;(2)企业创新在数字化转型带动全要素生产率提升的过程中起到完全中介作用;(3)企业数字化程度越高,对企业全要素生产率的促进效果越明显;(4)相较于非国有上市公司,国有上市公司的数字化转型对企业全要素生产率的促进效果更明显。

By collecting the relevant data of Chinas A-share listed companies from 2010 to 2019,this paper constructs a dual-fixed effect model and an intermediary effect model to explore the effect and mechanism of digital transformation on the improvement of enterprisestotal factor productivity.The results show that:①Enterprise digital transformation has a significant positive impact on total factor productivity;②Enterprise innovation plays a complete mediating role in the process of digital transformation driving the improvement of total factor productivity;③The higher the digitalization degree of enterprises,the more obvious promoting effect on the total factor productivity of enterprises;④Compared with non-state-owned listed companies,the digital transformation of state-owned listed companies has more obvious promoting effect on the total factor productivity of enterprises.