The Impact of Enterprise Digital Transformation on Total Factor Productivity in the Manufacturing Industry-An Empirical Analysis Based on Chinese A-share Listed Enterprises

DOI

10.2991/978-94-6463-744-1_27How to use a DOI?

Keywords

Digital Transformation; Total factor Productivity; Financing Constraints; Governance structure; Agency Costs

Abstract

Based on data from Chinese A-share manufacturing firms, this paper examines how digital transformation affects total factor productivity (TFP) in the industry. After addressing endogeneity and other issues, the study finds that digital transformation significantly boosts manufacturing TFP. It has become a key driver of productivity gains for firms in the digital economy. This conclusion holds up to robustness tests. The impact of digital transformation on TFP is also influenced by governance structure, agency costs, and financing constraints.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Caini Xu
PY  - 2025
DA  - 2025/05/28
TI  - The Impact of Enterprise Digital Transformation on Total Factor Productivity in the Manufacturing Industry-An Empirical Analysis Based on Chinese A-share Listed Enterprises
BT  - Proceedings of the 2025 5th International Conference on Public Management and Intelligent Society (PMIS 2025)
PB  - Atlantis Press
SP  - 250
EP  - 260
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-744-1_27
DO  - 10.2991/978-94-6463-744-1_27
ID  - Xu2025
ER  -