数字服务贸易开放提升了制造业企业全要素生产率吗

Does the Opening of Digital Trade in Services Improve Total Factor Productivity of Manufacturing Enterprises

文章基于2014~2022年制造业上市公司的数据,研究发现数字服务贸易开放与制造业企业全要素生产率之间存在“U”型关系,在数字服务贸易开放初期,存在“生产率悖论”。机制检验表明,在数字服务贸易开放初期,企业运营低效率和供应链配置多元化是产生数字服务贸易开放中“生产率悖论”的重要原因;企业承担风险能力和ESG水平的提升会帮助制造业企业尽早摆脱数字服务贸易开放中“生产率悖论”区间。文章对于破解数字服务贸易开放中“生产率悖论”之谜,实现经济高质量发展有着重要启示。

Based on the data of listed manufacturing companies from 2014 to 2022,it is found in this paper that there is a"U-shaped"relationship between the opening of digital trade in services and total factor productivity of manufacturing enterprises,and there is"productivity paradox"in the early stage of the opening of digital trade in services.The mechanism test shows that in the early stage of the opening of digital trade in services,the low operation efficiency of the enterprises and the diversification of supply chain configuration are the important reasons for"productivity paradox"in the opening of digital trade in services;the improvement of risk-taking ability and ESG level of manufacturing enterprises will help them to get rid of the"productivity paradox"zone in the opening of digital trade in services as soon as possible.This paper has important implications for deciphering"productivity paradox"in the opening of digital trade in services and achieving high-quality economic development.