E-commerce Development and Enterprise Supply Chain Efficiency:Evidence from Listed Companies in the Yangtze River Economic Belt
E-commerce as a new form of economy emerging in the digital economy era,has brought pro-found impacts in promoting economic circulation,promoting industrial transformation and upgrading,and improving enterprise production and operation efficiency.Using 1432 A-share listed companies in 82 cities along the Yangtze River Economic Belt from 2014 to 2022 as research samples,this study in-vestigates the impact of e-commerce development on the efficiency of enterprise supply chains.The re-search results indicate that the development of e-commerce can promote the improvement of enterprise supply chain efficiency;The development of e-commerce has directly improved the supply chain effi-ciency of local enterprises and indirectly improved the supply chain efficiency of enterprises in surround-ing cities.Heterogeneity analysis shows that the improvement of supply chain efficiency by the develop-ment of e-commerce is influenced by the equity nature,geographical location,and industry of the en-terprise.The research findings contribute to stabilizing the resilience and security level of industrial and supply chains,constructing digital supply chains,and achieving high-quality economic development.