{"title":"工业机器人应用与企业竞争力:来自中国a股市场的证据","authors":"Yongtao Shen , Yi Bai , Fan Zhang","doi":"10.1016/j.eap.2025.05.061","DOIUrl":null,"url":null,"abstract":"<div><div>Using data from A-share manufacturing listed firms from 2013 to 2023, we analyze the impact of industrial robots application on corporate competitiveness. Finding that the application of industrial robots can significantly enhance corporate competitiveness, which remains valid after a series of robustness checks. This positive effect is more pronounced in firms with technical executives, those in high-tech industries, and those with lower levels of digital infrastructure construction. Mechanism tests show that the application of industrial robots promotes corporate competitiveness by improving human capital, production efficiency, and governance efficiency. The economic consequence analysis indicates that the enhanced corporate competitiveness attributable to industrial robots can expand firms' market power.</div></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"87 ","pages":"Pages 191-204"},"PeriodicalIF":8.7000,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Industrial Robots application and corporate competitiveness: Evidence from China's A-share market\",\"authors\":\"Yongtao Shen , Yi Bai , Fan Zhang\",\"doi\":\"10.1016/j.eap.2025.05.061\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Using data from A-share manufacturing listed firms from 2013 to 2023, we analyze the impact of industrial robots application on corporate competitiveness. Finding that the application of industrial robots can significantly enhance corporate competitiveness, which remains valid after a series of robustness checks. This positive effect is more pronounced in firms with technical executives, those in high-tech industries, and those with lower levels of digital infrastructure construction. Mechanism tests show that the application of industrial robots promotes corporate competitiveness by improving human capital, production efficiency, and governance efficiency. The economic consequence analysis indicates that the enhanced corporate competitiveness attributable to industrial robots can expand firms' market power.</div></div>\",\"PeriodicalId\":54200,\"journal\":{\"name\":\"Economic Analysis and Policy\",\"volume\":\"87 \",\"pages\":\"Pages 191-204\"},\"PeriodicalIF\":8.7000,\"publicationDate\":\"2025-06-03\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economic Analysis and Policy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0313592625002255\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Analysis and Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0313592625002255","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Industrial Robots application and corporate competitiveness: Evidence from China's A-share market
Using data from A-share manufacturing listed firms from 2013 to 2023, we analyze the impact of industrial robots application on corporate competitiveness. Finding that the application of industrial robots can significantly enhance corporate competitiveness, which remains valid after a series of robustness checks. This positive effect is more pronounced in firms with technical executives, those in high-tech industries, and those with lower levels of digital infrastructure construction. Mechanism tests show that the application of industrial robots promotes corporate competitiveness by improving human capital, production efficiency, and governance efficiency. The economic consequence analysis indicates that the enhanced corporate competitiveness attributable to industrial robots can expand firms' market power.
期刊介绍:
Economic Analysis and Policy (established 1970) publishes articles from all branches of economics with a particular focus on research, theoretical and applied, which has strong policy relevance. The journal also publishes survey articles and empirical replications on key policy issues. Authors are expected to highlight the main insights in a non-technical introduction and in the conclusion.