摘要
利用中国深沪A股上市企业的前五大客户数据,从技术进步与要素重置视角考察客户数字化转型对企业全要素生产率的影响。研究发现:客户数字化转型对企业全要素生产率存在正向溢出效应,该结果在一系列稳健性检验后依然成立。作用渠道检验发现,企业全要素生产率的提高得益于客户数字化转型促进企业技术进步以及重置企业生产要素。从技术进步视角来看,客户数字化转型通过倒逼企业应用数字化技术、变革互联网商业模式、使用现代信息系统、加大资本化创新投入、提高创新效率、增加发明专利和外观设计专利,进而促进企业全要素生产率;从要素重置视角来看,客户数字化转型通过提高企业资产利用率和资产迭代率、增加劳动成本以及优化人力结构,进而提高企业全要素生产率。异质性检验发现,客户数字化转型的正向溢出效应显著存在于国有企业样本、非高科技企业样本以及地理距离远的企业样本中。研究给予了供应链上下游企业间一荣俱荣的经验证据,从供应链溢出视角进一步验证了索洛悖论并不成立,发现供应链数字溢出存在内化激励效果,具有现实意义和理论价值。
Based on the top five customer data of Chinese A-share listed companies in Shenzhen and Shanghai,this paper examines the impact of customer digital transformation on total factor productivity from the perspective of technological progress and factor reset.The study shows that customer digital transformation has a positive spillover effect on enterprise total factor productivity,which is still valid after a series of robustness tests.The function channel test indicates that the improvement of enterprise total factor productivity benefits from the enterprise technological progress promoted by customer digital transformation and the reset enterprise production factors.From the perspective of technological progress,customer digital transformation has promoted the total factor productivity of enterprises by forcing them to apply digital technology,transform internet business models,use modern information systems,increase capital investment in innovation,improve innovation efficiency,and increase invention and design patents.From the perspective of factor reset,customer digital transformation improves enterprise total factor productivity by improving asset utilization and asset iteration rate,increasing labor costs and optimizing labor structure.Heterogeneity test reveals that the positive spillover effect of customer digital transformation exists significantly in the samples of state-owned enterprises,non-high-tech enterprises and geographically distant enterprises.This paper provides empirical evidence of both glory and prosperity for enterprises in the upstream and downstream of the supply chain.From the perspective of supply chain spillover,the study further verifies that Solow Paradox is not established,and finds that there is an internalized intrinsic effect of digital spillover in supply chain,which has practical significance and theoretical value.
作者
王娇
王凡林
于瑶
WANG Jiao;WANG Fanlin;YU Yao(School of Accounting,Capital University of Economics and Business,Beijing,100070,China;Chinese Academy of Fiscal Sciences,Beijing,100142,China)
出处
《经济经纬》
CSSCI
北大核心
2023年第6期83-96,共14页
Economic Survey
基金
国家自然科学基金项目(72172098)
首都经济贸易大学学术新人项目(XSXR202304)
中国财政科学研究院2023年度招标课题(2023ZB-LL07)。
关键词
外部性
供应链内生
索洛悖论
生产效率
内化激励
Externality
Endogenous Supply Chain
Solow Paradox
Production Efficiency
Intrinsic Motivation
作者简介
王娇(1994-),女,山西太原人,博士研究生,主要从事微观数字溢出与会计理论研究;王凡林(1970-),男,山东菏泽人,博士,教授,主要从事会计信息化研究;于瑶(1991-),女,河北保定人,博士,助理研究员,主要从事国企改革与公司治理研究。
