数字化转型与新质生产力发展OA北大核心CHSSCDCSSCICSTPCD

Promoting the digital transformation of enterprises is crucial for enhancing total factor productivity and fostering new quality productivity.This paper analyzes data from China's A-share listed enterprises between 2012 and 2022 to study the im-pact,mechanisms,and heterogeneity of digital transformation on enterprise productivity.The study finds that digital transformation significantly enhances the level of enterprises'new quality productivity.Mechanism analysis reveals that digital transformation boosts enterprises'new quality productivity through strengthening human capital,easing financing constraints,and improving innovation quality.Heterogeneity analysis shows that the impact of digital transformation on enterprises'new quality productivity varies depen-ding on the ownership,size,and industry type of the enterprise.The effect of digital transformation on enhancing new quality pro-ductivity is more significant in state-owned enterprises,small-scale enterprises,and non-physical enterprises.This study provides empirical evidence and policy implications for steadfastly advancing digital transformation in enterprises and exploring new measures for developing enterprises'new quality productivity.