Can Government Data Openness Improve the Performance of Private Firms:A Validation Based on a Multi-Temporal Difference-in-Difference Approach
In the context of China's economic transformation and innovative development,whether government da-ta openness can empower private enterprises to improve their performance and promote the high-quality development of private economy needs to be explored.Based on the panel data of private listed companies from 2009-2021,the article utilizes the quasi-natural experiment of opening government data platform by prefecture-level city governments to test the role of open government data in promoting the performance of private enterprises.The results of the study show that the opening of government data can significantly improve the performance of private enterprises.The results of the mech-anism analysis show that the effect is realized through the channels of optimizing the regional business environment and improving the business capacity of enterprises.The results of the extended analysis show that the performance of private enterprises will be improved with the increase of level of government data openness and its dimensions,such as the level of institutional guarantee,the level of data quality,and the level of transformation of the results;And the effect on the performance of private enterprises will be improved with the level of government data openness.The promotion effect on the performance of private enterprises is more obvious in enterprises in competitive industries and large-scale enterprises.Accordingly,it is necessary to adhere to the orderly promotion of government data openness,use data resources to change the government structure and supervision mode,and guide enterprises to integrate data elements into the produc-tion system.It is also needed to give resources to regulated industries and small and medium-sized private enterprises,make efforts to solve the problem of uneven and insufficient development of the private economy,and support the devel-opment of private enterprises from the supply side of the policy,so as to provide powerful support for the realization of the high-quality development of the private economy.
government data opennessprivate enterprise performancequasi-natural experimentdata elements
NETL
NSTL
万方数据
