数字化转型与中国制造业企业全球价值链升级——基于数字并购视角的实证研究
Digital Transformation and the Upgrading of Global Value Chains for China's Manufacturing Enterprises:An Empirical Study from the Perspective of Digital Mergers and Acquisitions
张天顶 1谢雨桐2
作者信息
- 1. 武汉大学经济与管理学院 武汉,430072
- 2. 西安交通大学经济与金融学院 西安,710061
- 折叠
摘要
以2007-2021年中国制造业上市企业的数字并购数据为基础,通过双重差分模型探讨了数字并购对企业全球价值链地位的影响和作用机制.研究发现:数字并购能够显著提升制造业企业在全球价值链中的地位.理论机制的检验结果表明,通过提高生产率、增强研发创新能力、提升市场影响力以及优化人力资本结构等机制,数字并购对企业的全球价值链分工地位产生积极影响.
Abstract
Based on digital merger and acquisition data from China's manufacturing listed companies from 2007 to 2021,utilizing a difference-in-difference model,explores the impact and mechanisms of digital mergers and acquisi-tions on the global value chain position of enterprises.The research findings indicate that digital mergers and acquisi-tions can significantly elevate the position of manufacturing enterprises in the global value chain.The test results of theoretical mechanisms suggest that digital mergers and acquisitions positively influence the global value chain division of labor for enterprises by mechanisms such as improving productivity,enhancing research and development innovation capabilities,increasing market influence,and optimizing human capital structure.
关键词
数字并购/全球价值链/数字化转型/双重差分模型Key words
Digital M&A/Global Value Chain/Digital Transformation/Double Difference Model引用本文复制引用
基金项目
教育部哲学社会科学研究后期资助一般项目(17JHQ035)
武汉大学研究生导师育人方式创新项目(2023YJ10501)
出版年
2024
NETL
NSTL
万方数据