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在“宽带中国”试点政策的推动下，数字基础设施建设的发展为企业数字化转型提供了关键支撑。本文基于“宽带中国”试点政策的准自然实验，利用2007-2023年A股上市公司数据，探讨数字基础设施建设对企业数字化转型的影响。研究发现，数字基础设施建设显著促进了企业数字化转型，且该结论在通过稳健性检验后依然可靠。异质性分析表明，其对非国有企业、高新技术企业、资产与劳动密集型企业及中部地区企业的促进效果更为明显。机制检验得出，数字基础设施建设主要通过企业技术提升、融资约束缓解和企业人才资本水平积累渠道推动企业数字化转型。本研究为持续推进“宽带中国”战略及企业数字化转型提供了理论参考与政策启示。
Abstract：Driven by the “Broadband China” pilot policy,the development of digital infrastructure construction has provided crucial support for enterprise digital transformation. Based on a quasi-natural experiment of the “Broadband China” pilot policy and utilizing data from A-share listed companies from 2007 to 2023, this study systematically explores the impact of digital infrastructure construction on enterprise digital transformation. The findings reveal that digital infrastructure construction significantly promotes enterprise digital transformation,and this effect remains robust after a series of rigorous tests.Heterogeneity analysis indicates that the stimulating effect of digital infrastructure construction is more pronounced for non-state-owned enterprises,high-tech enterprises,asset-intensive and laborintensive enterprises,as well as enterprises in the central region. Mechanism tests demonstrate that digital infrastructure construction primarily drives enterprise digital transformation through technological advancement, alleviation of financing constraints, and accumulation of human capital. This study provides theoretical reference and policy implications for the continued advancement of the “Broadband China” strategy and corporate digital transformation.
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基本信息:
DOI：10.19895/j.cnki.fdr.2026.01.007
中图分类号:F270.7;F49
引用信息:
[1]左喜梅,华斐斐.数字基础设施建设与企业数字化转型——基于“宽带中国”试点政策的准自然实验[J].金融发展评论,2026,No.193(01):78-94.DOI:10.19895/j.cnki.fdr.2026.01.007.
基金信息:
自治区社科基金《边疆生态富民视域下新疆生态产品价值实现模式创新研究》(项目编号:2025BYJ055)的资助
2026-02-25
2026-02-25