Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed Enterprises

This paper mainly attempts to disclose the action mechanism of corporate digital transformation on total factor productivity (TFP). Based on the data on listed enterprises in 2007–2019, the influence of corporate digital transformation on TFP was analyzed empirically. The results show that corporate...

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Main Authors: Guoyan Zeng, Linxing Lei
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2021/9155861
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author Guoyan Zeng
Linxing Lei
author_facet Guoyan Zeng
Linxing Lei
author_sort Guoyan Zeng
collection DOAJ
description This paper mainly attempts to disclose the action mechanism of corporate digital transformation on total factor productivity (TFP). Based on the data on listed enterprises in 2007–2019, the influence of corporate digital transformation on TFP was analyzed empirically. The results show that corporate digital transformation can significantly promote TFP. Heterogeneity analysis reveals that the promoting effect of digital transformation on TFP only exists in small and medium high-tech enterprises, suggesting that corporate digital transform enhances TFP by improving the management efficiency and technical level of enterprises. The research provides theoretical basis and empirical evidence for improving corporate TFP from the perspective of digital transformation.
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institution Kabale University
issn 1026-0226
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publishDate 2021-01-01
publisher Wiley
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series Discrete Dynamics in Nature and Society
spelling doaj-art-f26b9256fa2e45e9a7aa49c8469c395c2025-02-03T05:45:11ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2021-01-01202110.1155/2021/91558619155861Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed EnterprisesGuoyan Zeng0Linxing Lei1Business School, Xi’an University of Finance and Economics, Xi’an 710100, ChinaBusiness School, Xi’an University of Finance and Economics, Xi’an 710100, ChinaThis paper mainly attempts to disclose the action mechanism of corporate digital transformation on total factor productivity (TFP). Based on the data on listed enterprises in 2007–2019, the influence of corporate digital transformation on TFP was analyzed empirically. The results show that corporate digital transformation can significantly promote TFP. Heterogeneity analysis reveals that the promoting effect of digital transformation on TFP only exists in small and medium high-tech enterprises, suggesting that corporate digital transform enhances TFP by improving the management efficiency and technical level of enterprises. The research provides theoretical basis and empirical evidence for improving corporate TFP from the perspective of digital transformation.http://dx.doi.org/10.1155/2021/9155861
spellingShingle Guoyan Zeng
Linxing Lei
Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed Enterprises
Discrete Dynamics in Nature and Society
title Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed Enterprises
title_full Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed Enterprises
title_fullStr Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed Enterprises
title_full_unstemmed Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed Enterprises
title_short Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed Enterprises
title_sort digital transformation and corporate total factor productivity empirical evidence based on listed enterprises
url http://dx.doi.org/10.1155/2021/9155861
work_keys_str_mv AT guoyanzeng digitaltransformationandcorporatetotalfactorproductivityempiricalevidencebasedonlistedenterprises
AT linxinglei digitaltransformationandcorporatetotalfactorproductivityempiricalevidencebasedonlistedenterprises