Liao Ting1, Zou Xuxin2
1School of Economics, Beijing Wuzi University, Beijing, China
2School of Economics, Beijing Wuzi University, Beijing, China
The manufacturing industry is the main battlefield for China’s development of digital economy, the digital economy is an important driving force for the transformation of China's manufacturing industry from rigid processing to flexible manufacturing and intelligent manufacturing, and China's manufacturing industry has good development opportunities under the current digital economy background. This paper constructs a panel dataset based on the data of 1334 manufacturing listed companies and the development of digital economy at the prefecture-level cities in China from 2011 to 2019, with a total of 12,006 observations, to explore the relationship between the development of the digital economy and the efficiency improvement of the manufacturing industry. The research results show that the vigorous development of the digital economy has a positive role in promoting the efficiency improvement of the manufacturing industry.
Digital economy, Manufacturing efficiency, Total factor productivity, Enterprise heterogeneity
Liao Ting, Zou Xuxin. The Development of the Digital Economy and the Improvement of Manufacturing Efficiency. The Frontiers of Society, Science and Technology (2022) Vol. 4, Issue 5: 39-43. https://doi.org/10.25236/FSST.2022.040507.
 LI Zhiguo,Wang Jie. Digital Economy Development, Data Factor Allocation and Manufacturing Productivity Improvement[J]. Economist, 2021(10):41-50.
 Fiona Fan Yang,Anthony G.O. Yeh,Jiejing Wang. Regional effects of producer services on manufacturing productivity in China[J]. Applied Geography,2018,97.
 Qiu Xiaofeng. Digital Economy and Total Factor Productivity of Enterprises[J]. Hebei Enterprises, 2020(08):51-52.
 Wang Guiduo,Cui Lusha,Zhang Jianfei,Wang Chunzhi. Digital Economy Empowers Manufacturing Transformation and Upgrading: Heterogeneity Influence Mechanism and Effect[J]. Journal of Statistics,2021,2(05):9-23.
 Yu Shihai,Xu Huixin,Kong Lingqian. Research on the Impact of Digital Economy Level on Resource Allocation Efficiency of China's Manufacturing Industry[J/OL].Finance and Trade Research:1-22[2022-06-20].
 Zhao Chenyu,Wang Wenchun,Li Xuesong. How Digital Transformation Affects Firms' Total Factor Productivity[J]. Journal of Finance and Trade Economics,2021,42(07):114-129.
 Cai Tingting,Wu Songqiang. Digital Economy Empowers China's Advanced Manufacturing Industry: International Experience and Reference[J]. Decision-making and Information, 2021(12):72-79.