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The Construction of Data Resource Market Empowers the Development of New Quality Productivity: A Quasi-Natural Experiment Based on the Establishment of Data Trading Platforms

Baiyou Jiang

Abstract


Data elements, with their unique advantages of low cost and high penetration, have gradually become the core of the development of
new-quality productive forces. Based on the panel data of 275 Chinese cities from 2011 to 2021, this article constructs a quasi-natural experiment by using the establishment of data trading platforms and employs a progressive difference-in-differences model to examine the impact of
the construction of data resource markets on new-quality productive forces, as well as conduct empirical tests on its transmission mechanism.
The research finds that the construction of data resource markets can significantly promote the development of new-quality productive forces.
The mechanism test shows that the construction of data resource markets can promote the development of new-quality productive forces by
advancing digital technology innovation.

Keywords


Marketization of data elements; New quality productivity; Digital technology innovation

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References


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DOI: http://dx.doi.org/10.70711/frim.v3i12.7872

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