摘要
金融科技的广泛应用对推动实体企业发展产生了深刻影响,然而,有关金融科技发展能否提高企业员工收入这一问题缺乏有效验证。文章基于2014—2019年中国制造业上市公司微观数据,采用面板回归模型、中介效应模型及引入虚拟变量方法检验了金融科技发展对企业员工收入的影响、作用机理及异质性效应。实证结果表明:整体上看,金融科技发展显著提升了员工收入;机制分析结果表明,金融科技通过推动企业技术创新、优化资源配置效率,提升企业生产率,进而对员工收入产生促进作用;异质性检验表明,在非国有企业、东中部地区、高技术密集型行业,金融科技对员工收入的影响更加显著。研究结论为完善金融体系、提高金融科技发展水平、提高员工收入提供了经验证据。
The extensive application of financial technology has had a profound impact on promoting the development of real enterprises.However,there is no effective verification on whether the development of financial technology can im⁃prove the income of enterprise employees.Based on the micro data of China′s manufacturing listed companies from 2014 to 2019,this paper uses panel regression model,mediating effect model,and method of introducing dummy variables to test the impact,mechanism,and heterogeneity effect of financial technology development on employee income.The em⁃pirical results show that on the whole,the development of financial technology has significantly increased employee in⁃come;the results of mechanism analysis show that financial technology can promote employee income by promoting enter⁃prise technology innovation,optimizing resource allocation efficiency,and improving enterprise productivity;the heteroge⁃neity test shows that in non-state-owned enterprises,eastern and central regions,high-tech intensive industries,financial technology has a more significant impact on employee income.The research conclusion provides empirical evidence for improving the financial system,enhancing the development level of financial technology,and increasing employee income.
作者
李菲菲
马若微
LI Feifei;MA Ruowei(Department of Economics and Management,Yuncheng University,Yuncheng 044000,China;School of Economics,Beijing Technology and Business University,Beijing 100048,China)
出处
《华东经济管理》
CSSCI
北大核心
2022年第12期87-97,共11页
East China Economic Management
基金
山西省高等学校哲学社会科学研究项目“山西省创新驱动经济发展战略的企业激励机制研究”(2019W159)。
关键词
金融科技
生产率
员工收入
financial technology
productivity
employee income
作者简介
李菲菲(1987-),女,山西运城人,讲师,博士研究生,研究方向:金融科技,金融风险;马若微(1976-),女(回族),河南郑州人,教授,博士生导师,博士,研究方向:金融风险。
