政府数据开放与企业投资:影响分析与机制探究

Government Data Openness and Corporate Investment:Analysis of Influence and Mechanism

本文以2007-2021年我国A股上市公司为样本,采用双重差分模型探究政府数据开放对于企业投资的影响。研究发现,政府数据开放通过拓展融资渠道和优化营商环境,促进企业投资增加,该效应在非国有企业、中小规模企业、位于低市场化地区和非国家中心城市的企业样本中更加显著。本文研究证明了政府数据开放促进企业投资、引导均衡发展的显著效果,为政府深入推进数据开放和企业优化投资决策提供有益参考。

This paper takes A-share listed companies in China from 2007 to 2021 as samples and uses a difference-indifferences model to explore the impact of government data openness on corporate investment.Research has found that government data openness promotes corporate investment by expanding financing channels and optimizing the business environment.This effect is more significant in samples of non-state-owned enterprises,small and medium-sized enterprises,enterprises located in less market-oriented regions,and those in non-national central cities.This study has demonstrated the significant effect of government data openness in promoting corporate investment and guiding balanced development,providing useful references for the government to further promote data openness and for enterprises to optimize investment decisions.