Artificial Intelligence,Labor Productivity and the Transformation and Upgrading of Manufacturing Industry
Based on the micro data of A-share manufacturing listed companies in China from 2007 to 2022,under the framework of the neoclassical growth theory,a fixed effects model was constructed to evaluate the impact of artificial intel-ligence(AI)application on the labor productivity and transformation and upgrading of the manufacturing industry.The propensity score matching-difference-in-differences(PSM-DID)method was further employed for verification.The study found that the penetration of AI significantly and positively promoted the transformation and upgrading of the manufactur-ing industry.Further analysis revealed that AI mainly promotes the transformation and upgrading of the manufacturing in-dustry by improving labor productivity,in which labor productivity plays an intermediary role between AI and the transfor-mation and upgrading of the manufacturing industry.The heterogeneity analysis found that factors such as different indus-tries,firm sizes,and regional locations have significant differences in the impact effects of AI.
artificial intelligencemanufacturing industry transformation and upgradinglabor productivityPSM-DIDindustry heterogeneity