Research on the threshold effect of digital development on the level of supply chain modernization
Based on provincial panel data from 2008 to 2021,a panel regression model was developed to examine the threshold effect of digital development on the modernization level of supply chains.The findings indicate that there is an"inverted U-shaped"relationship between the levels of digital development and supply chain modernization,with the variable of digital development demonstrating a dual-threshold effect.Therefore,the improvement of digital level will significantly promote the improvement of supply chain modernization level.However,with the continuous popularization of digital technology,excessive investment in the digital supply chain will however hinder the improvement of the modernization level of the supply chain.Thus,various regions should implement appropriate policy measures according to different levels of digital development to effectively improve the modernization level of the supply chain.
digital technologysupply chain modernization levelpanel regression modelthreshold effect