Government Data Sharing and Enterprise Labor Employment
In our era,characterized by the rapid advancement of information technology and artificial intelligence,data has emerged as a vital strategic and foundational resource for nations,possessing significant potential for both economic and social value.The initiative to share government data elements represents a critical strategic decision in China's efforts to advance big data,necessitating an understanding of its microeconomic implications.Concurrently,businesses serve as the primary absorbers of labor,and the stability and expansion of employment have long been key policy objectives for governments striving to ensure the well-being of their citizens.In the age of big data,evaluating how government data sharing influences corporate hiring is essential;this assessment aids in comprehensively understanding the impact of government data sharing on small and medium-sized enterprises and assists nations in identifying effective measures to promote'stable employment'.This study evaluates the economic effects of government data sharing from the perspective of corporate labor hiring.Utilizing microdata from China's A-share listed companies spanning from 2009 to 2021,and treating the launch of public data platforms by local governments as a quasi-natural experiment,the research reveals that government data sharing positively influences enterprises to expand their labor force.This key finding remains robust after undergoing a series of rigorous tests,including dynamic effect tests,placebo tests,and the exclusion of impacts from other concurrent policies.Through theoretical analysis and mechanism tests,the study uncovers that government data sharing significantly enhances the accessibility of bank credit for businesses,encourages the expansion of operational scale,and improves the regional business environment.Furthermore,the paper conducts a heterogeneity analysis across three dimensions:enterprise financing constraints,enterprise factor intensity,and enterprise tax burdens.It finds that the employment-stimulating effects of government data sharing are particularly pronounced in enterprises facing severe financing constraints,labor-intensive enterprises,and those with substantial tax burdens.Additionally,the study indicates that while government data sharing can effectively enhance business operational capabilities and performance,it does not significantly affect employee wage levels,labor income shares,or the structure of human capital.The research contributions of this paper are twofold.Firstly,it enriches the existing body of literature on government data sharing and corporate labor hiring.Prior studies have examined the impact of government data sharing on economic growth,business entry and market competition,regional coordinated development,and the total factor productivity of enterprises.Additionally,scholars have investigated how factors such as the application of robotics and financial development influence corporate labor hiring.This paper builds upon these two streams of literature by exploring the impact of government data sharing on corporate labor hiring behavior.In doing so,it reveals the economic benefits of government data sharing and effectively bridges the gap between the two literatures,thereby broadening the research perspective in the field of employment.Secondly,the research findings possess significant practical and policy implications.In the digital economy,where data has emerged as a crucial factor of production,this study demonstrates that government data sharing enhances bank credit availability for businesses,fosters business scale expansion,and optimizes the business environment,thereby substantially increasing corporate labor hiring.This work provides theoretical insights for the effective integration of the digital and physical economies.Furthermore,since employment is essential to people's livelihoods and a prerequisite for the healthy and sustained development of the national economy,the conclusions of this paper offer practical guidance for government agencies to promote the interconnection and open sharing of data elements,improve the high-quality supply of data resources,stimulate market vitality,and stabilize employment levels in the face of a challenging employment climate.
government data sharingloansbusiness environmentlabor employment
NETL
NSTL
万方数据
