The Impact of Regional Digital Economy Development on the Application and Value Effect of Industrial Robots
Based on panel data of Chinese listed companies and urban-level digital economy data,this paper empirically tests the impact of digital economy development on the application and value effect of industrial robots.It is found that the development of the regional digital economy has significantly improved the application level of industrial robots.The empiri-cal tests of value effect found that digital economy development ultimately significantly improves the level of innovation in-vestment and total factor productivity of enterprises through the application of industrial robots.Based on the level of regional integration,it is found that a higher level of integration can strengthen the enhancement effect of the digital economy on the application of industrial robots.However,when the level of urban integration is lower,the value increase generated by the in-teraction between the development of the digital economy and robot applications is greater.This may be due to the higher marginal effects of the digital economy and robot applications at lower levels of integration.
digital economyindustrial robotsvalue effectintegration level