Agglomeration of the Digital Services Industry and Digital Transformation: Evidence from China

被引：10
|
作者：
Liu, Huimin [1 ]
Shi, Yupeng [1 ,2 ,3 ]
Sun, Baowen [2 ]
Yang, Xuze [1 ]
机构：
[1] Cent Univ Finance & Econ, Sch Econom, Beijing, Peoples R China
[2] Cent Univ Finance & Econ, China Ctr Internet Econom Res, Beijing, Peoples R China
[3] Cent Univ Finance & Econ, Sch Econ, 39, South Coll Rd, Beijing 100081, Peoples R China
来源：
EMERGING MARKETS FINANCE AND TRADE | 2024年 / 60卷 / 05期
关键词：
Agglomeration; digital service industry; digital transformation; digital economy; digitalization; R11; L21; L80; PRODUCER SERVICES; PRODUCTIVITY EVIDENCE; INFRASTRUCTURE; PROMOTE;
D O I：
10.1080/1540496X.2023.2260545
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study examines the relationship between the agglomeration of the digital service industry (ADS) and listed companies' digital transformation in China. We analyze panel data from 282 prefecture-level cities and listed companies for 2010-2019. The results reveal that ADS has an indirect positive effect on listed companies' digital transformation by improving firms' innovation inputs and decreasing their operating costs. These findings hold after using instrumental variables to solve the endogeneity problem and conducting robustness tests. Digital services is the only producer service industry whose agglomeration influences listed companies' digital transformation. The impact of ADS on digital transformation is strongest in manufacturing, non-state-owned, and small and medium-sized enterprises.
引用
收藏
页码：855 / 869
页数：15
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