数字化转型
业务
产业组织
内生性
中国
匹配(统计)
捐赠
竞赛(生物学)
稳健性(进化)
经济
计算机科学
政治学
生态学
生物化学
统计
化学
数学
万维网
基因
法学
计量经济学
生物
作者
Xiaohui Xin,Guo-Li Ou,Ruo-Yu Zhu
出处
期刊:Sustainability
[MDPI AG]
日期:2023-04-19
卷期号:15 (8): 6871-6871
被引量:2
摘要
As China’s economy enters the digital era, guiding enterprises to conduct better digital transformations has become an urgent problem to be solved. In this regard, this paper builds a multiperiod DID model to empirically examine the impact of opening a high-speed railway (HSR) on corporate digital transformation by matching the data of HSR with the data of Shanghai and Shenzhen A-share listed companies from 2008 to 2019. It was found that (1) the opening of an HSR can significantly improve corporate digital transformation, and this finding still held after considering endogeneity issues and various robustness tests. (2) A heterogeneity analysis showed that the promoting effect of opening an HSR on corporate digital transformation was mainly found in nonstate enterprises, high-tech enterprises, and enterprises located in cities with low initial transportation endowment. (3) A mechanistic analysis found that opening an HSR can promote corporate digital transformation by promoting senior staff mobility, increasing industry competition, and enhancing financial agglomeration. This paper not only enriches the research related to the economic consequences of opening an HSR, but it also has important implications for guiding enterprises to successfully conduct corporate digital transformations.
科研通智能强力驱动
Strongly Powered by AbleSci AI