The Research on the Nonlinear Relationship Between Digital Transformation and OFDI
There is a significant"inverted U-shaped"relationship between digital transformation and OFDI,and total factor productivity plays an important role in mediating part of it.Further heterogeneity analysis shows that the"inverted U-shaped"relationship between digital transformation and OFDI exists significantly in enterprises in the growth,maturity and elimination stages,but does not exist in enterprises in the start-up and decline stages.The"inverted U-shaped"relationship is notable in both state-owned and private enterprises.It is found that there is a significant"inverted U-shaped"relationship between digital transformation and OFDI in eastern and central region in China instead of western region.This paper more clearly expounds the double-edged role of digital transformation on OFDI,and provides important inspiration in China for how to promote enterprises to better"go global"under the background of the digital economy.
NETL
NSTL
万方数据
