Enterprise Digital Transformation,Sustainable Growth and Labor Employment
This paper takes A-share listed enterprises from 2010 to 2020 as samples,using crawler technology and text analysis to depict enterprise digital transformation,to empirically examine the impact of digital trans-formation on enterprise sustainable growth and its mechanism.Then this paper further discusses the impact of digital transformation on enterprise labor employment.The study finds that enterprise digital transformation can significantly promote the sustainable growth of enterprises,and the conclusion is still reliable after a series of robustness tests.The mechanism inspection shows that enterprise digital transformation promotes the sus-tainable growth by promoting enterprise innovation,reducing transaction costs and easing financing constraints.Heterogeneity analysis finds that the stronger effect of enterprise digital transformation on enter-prise growth is mainly shown in state-owned enterprises,eastern enterprises and non-high-tech enterprises;Further research finds that enterprise digital transformation significantly improves the number of employees of enterprises and the proportion of highly educated employees.In addition,digital transformation has significantly increased the proportion of high-skilled talents in enterprises,and significantly reduced the need for low-production skilled workers.Overall,the employment structure has been optimized.
Digital transformationSustainable growthLabor employmentText analysis
万方数据
维普
