How the Digital Infrastructure Policy Affects the Industrial Automation?
Using the policy texts of digital infrastructure construction in China,this paper empiri-cally tests how the digital infrastructure policy affects industrial automation,and further tests which fac-tors will affect the effect of the policy.The results show that digital infrastructure policy promotes indus-trial automation and the positive impact of the policy is more pronounced when the advanced industrial structure or the external direct investment reaches a certain"threshold".Mechanism analysis finds that the digital infrastructure policy can not only promote the regional investment in science and technology and intensify competition in the marketplace,but also strengthen government support and enterprise fi-nancing ability,thus promoting the development of industrial automation.Heterogeneity analysis finds that the promotion effect of digital infrastructure policy on industrial automation is more obvious in non-state-owned enterprises.The conclusion of this article can provide a useful reference for better playing the role of the government and actively promoting intelligent manufacturing in China.
digital infrastructure policyindustrial automationstate-owned enterprises