Whether There is an ICT Productivity Paradox in the Process of China's Manufacturing Industry Embedding into the High End Global Value Chain
Digital technology has become a key driver for the transformation and upgrading of the manufacturing sector,with the focus on China's manufacturing industry's ascension within the global value chain being a critical issue for fostering innovation and boosting e-conomic returns.By advancing in value networks,ecological networks,technological networks,and individualized networks,digital technology elevates manufacturing value chains,supply chains,innovation chains,and service chains to new heights.However,whether digital technology can break through the traditional productivity paradox to enhance total factor productivity and ultimately propel China's manufacturing industry to a leading position within the global value chain is a subject worthy of further investiga-tion.Empirical analysis of the UIBE GVC data reveals a significant boost in digital technology's role in deepening China's manufacturing industry's integration within the global value chain.Industry heterogeneity analysis shows that digital advancements have substantial posi-tive effects on technology-intensive,labor-intensive,and capital-intensive sectors in China,with the strongest positive impact observed in capital-intensive industries,where digital technology strengthens the manufacturing sector's ability to integrate within the global value chain.To address the challenges faced during China's digital manufacturing transformation,a collaborative effort involving government guidance,fostering industrial innovation,and promoting enterprise collaboration is essential for collectively advancing the country's manufacturing industry's position within the global value chain.
Digital technologyManufacturing industryGlobal value chainICT productivity paradox
万方数据
维普
