Can Data Element Marketization Promote the Development of Firm New Quality Productivity Forces——From the Perspective of Factor Configuration and Organizational Operations
This study adopted matched data from Chinese cities and Shanghai and Shenzhen A-share listed companies between 2009 and 2022,using the construction of data trading platforms as a quasi-natural experiment.It employed a staggered difference-in-differences(SDID)model to investigate the mechanisms and effects of data element marketization on firm new quality productivity forces.The re-search findings are as follows:First,data element marketization can directly enhance the development of firm new quality productivity forces.This conclusion remains robust after controlling for confounding policy shocks,placebo tests,endogeneity tests,and robustness checks.Second,data element marketization exerts factor configuration effects and organizational operation effects on firm new quality productivity forces.Specifically,it optimizes the configuration of labor,capital,and technology production factors,while reinforcing organizational support,reducing management costs,and promoting business innovation,thereby fostering the development of firm new quality productivity forces.Third,data element marketization has a stronger effect on the new quality productivity forces of non-labor-in-tensive,capital-intensive,and technology-intensive industries.It is essential to advance the construction and optimization of data trading platforms,strengthen auxiliary support for data element marketization,and formulate differentiated data element marketization policies.This study offers significant insights for advancing data element marketization,promoting the development of firm new quality productivity forces,and driving high-quality economic growth.
Data element marketizationFirm new quality productivity forcesData trading platform constructionStaggered difference-in-differences
NETL
NSTL
万方数据
