The Impact of Digital Transformation on Export Sophistication
Enterprises,as micro-entities driving digital transformation,play an increasingly important role in high-quality trade development.Based on matching data from the CSMAR and the China Customs database from 2015 to 2021,this article measures the degree of digital transformation and export sophistication of enterprises at the micro level,empirically testing the impact of the former on the latter and the mechanism for this effect.The results indicate that the digital transformation of enterprises has significantly promoted export sophistication,and this finding remains significant after robustness testing.The total factor productivity of enterprises is a partial intermediary,while the operating cost channel is not significant as an intermediary.Further heterogeneity testing shows that for private and capital-intensive enterprises and those located in the eastern and northeastern regions,the effect of digital transformation on export sophistication is more significant.This article provides micro-level evidence of the promotional effect of export sophistication in the digital transformation of enterprises and proposes constructive policy recommendations.
enterprises'digital transformationexport sophisticationhigh-quality trade development