数字创新对劳动份额的影响：来自中国企业的证据

IF 5.6 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2025-03-04 DOI:10.1016/j.iref.2025.104023

Tingyu Liu, Peng Huang, Qiaoru Wang

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引用次数: 0

摘要

我们使用2000-2021年中国上市公司的数据来研究数字创新对劳动份额的影响。我们的研究结果表明，数字创新在提高企业劳动份额方面具有重要作用，这改变了企业内部的要素配置。机制分析表明，数字创新通过创新溢出效应、生产率提升效应和扩张效应驱动企业增长，内部控制成本和对外直接投资起到调节作用。进一步检验表明，在技术先进、市场支配力强、国有企业和融资约束较低的企业中，数字创新的劳动份额提升效应更为明显。此外，我们发现数字创新与劳动份额之间的关系遵循阶段性模式，随着时间的推移呈现倒u型趋势。

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The impact of digital innovation on labor share: Evidence from Chinese firms

We use data from listed Chinese companies spanning the years 2000–2021 to study the impact of digital innovation on labor share. Our findings reveal a significant role of digital innovation in enhancing firms' labor share, which changes the factor allocation within firms. Mechanistic analysis reveals that digital innovation drives firm growth through innovation spillover effect, productivity enhancing effect, and expansion effect, with internal control costs and outward foreign direct investment acting as moderating factors. Further examination shows that the labor share-enhancing effect of digital innovation is more pronounced in firms with advanced technologies, greater market power, state ownership, and lower financing constraints. Additionally, we find that the relationship between digital innovation and labor share follows a phased pattern, exhibiting an inverted U-shaped trend over time.

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来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.