Can Digital Finance Accelerate the Improvement of Enterprise Production Efficiency?
Abstract
model. It matches Peking Universitys Digital Inclusive Finance Index data (20112022) with A-share listed companies registration locations.
Results show that digital inclusive finance significantly enhances regional production efficiency. The study also finds that both the breadth and
depth of digital finance coverage positively boost corporate total factor productivity.
Keywords
Full Text:
PDFReferences
[1] Guoxuan D, Nier K. The impact of digital financial inclusion on Chinas regional disparities in the quality of economic development:
Based on the relational data paradigm[J]. Economic Analysis and Policy, 2024, 81629-651.
[2] Xiaojun W, Huijia C. Impact of digital inclusive finance on household tourism consumption: evidence from China[J]. European Journal
of Innovation Management, 2024, 27(6):2101-2121.
[3] Levine O, Warusawitharana M. Finance and productivity growth: Firm-level evidence[J]. Journal of Monetary Economics, 2019,
117(prepublish):
[4] Ren Shuming, Lv Bang. Financing Constraints, Government Subsidies, and Total Factor Productivity: An Empirical Study from Chinese
Equipment Manufacturing Enterprises [J]. Management World, 2014 (11): 10-23+187
[5] Xiang D, Weihao L, Xiaohang R. More sustainable, more productive: Evidence from ESG ratings and total factor productivity among
listed Chinese firms[J]. Finance Research Letters, 2023, 51
[6] Huang Hao. The Formation and Challenges of Digital Financial Ecosystems: Experience from China [J]. Economist, 2018 (04): 80-85
[7] Guoyan Z, Linxing L. Digital Transformation and Corporate Total Factor Productivity: Empirical Evidence Based on Listed
Enterprises[J]. Discrete Dynamics in Nature and Society, 2021.
[8] Guo Feng, Wang Jingyi, Wang Fang et al. Measuring the Development of Digital Inclusive Finance in China: Index Compilation and
Spatial Characteristics [J]. Economics (Quarterly), 2020, 19 (04): 1401-1418
[9] Guo Feng, Wang Jingyi, Wang Fang et al. Measuring the Development of Digital Inclusive Finance in China: Index Compilation and
Spatial Characteristics [J]. Economics (Quarterly), 2020, 19 (04): 1401-1418
[10] Tang Song, Wu Xuchuan, Zhu Jia. Digital finance and enterprise technological innovation: structural characteristics, mechanism identification, and differences in effects under financial regulation [J]. Management World, 2020, 36 (05): 52-66+9
DOI: http://dx.doi.org/10.70711/memf.v2i6.6898
Refbacks
- There are currently no refbacks.
