证券市场导报Issue(4)：3-14,12.
供应链数字化与企业价格加成
摘要
Abstract
This paper treats the pilot policy for"supply chain innovation and application"as a quasi-natural experiment for enterprises'supply chain digitalization efforts.Using data from A-share listed companies on the Shanghai and Shenzhen Stock Exchanges from 2007 to 2024,the paper empirically examines the impact of supply chain digitalization on enterprises'markup.The research finds that supply chain digitalization is conducive to increasing enterprises'markup and this conclusion has passed a series of robustness tests.The underlying mechanisms are summarized as follows.(1)Supply chain digitalization enhances the transparency of supply chain nodes and reduces supply-demand coordination costs in the collaborative process through the integration of information systems and data sharing.(2)By establishing cloud-based collaborative platforms,supply chain digitalization strengthens interconnectivity among firms in the supply chain,facilitates the sharing and exchange of knowledge,technologies,and resources,and promotes collaborative innovation among supply chain participants.The heterogeneity analysis finds that influenced by bargaining power and the costs of supply chain digitalization investment,the effect of supply chain digitalization on increasing markups is more significant for firms in low-competition industries and service industries.Meanwhile,a higher level of enterprises'digitalization and stronger external intellectual property protection can strengthen the effect of supply chain digitalization on increasing markup.Further analysis shows that pilot enterprises and cities for supply chain digitalization have effectively leveraged policy synergies.The findings of this paper provide theoretical and empirical evidence for advancing supply chain digitalization and enhancing enterprises'market competitiveness.关键词
供应链数字化/价格加成/供应链协调成本/供应链协同创新/产业链供应链韧性Key words
supply chain digitalization/markup/supply chain coordination cost/supply chain collaborative innovation/industrial supply chain resilience分类
管理科学引用本文复制引用
何佳俐,郑志强,胡新全..供应链数字化与企业价格加成[J].证券市场导报,2025,(4):3-14,12.基金项目
安徽省社会科学创新发展研究课题"供应链数字化提升企业价格加成的机制与路径研究"(2023CX031) （2023CX031）
