| Title | The impact of smart city pilots on corporate total factor productivity |
|---|---|
| ID_Doc | 36278 |
| Authors | Chen, PY |
| Title | The impact of smart city pilots on corporate total factor productivity |
| Year | 2022 |
| Published | Environmental Science And Pollution Research, 29, 55 |
| Abstract | The existing literature on smart city pilots mainly focuses on the city level and rarely addresses the firm level. This paper assesses the impact of smart city pilot policy (SCP) on firms' total factor productivity (TFP) and explores the impact of SCP under different heterogeneities as well as the mechanisms of action of the SCP. The LP approach is used in this paper to measure firms' TFP, and the impact of SCP is analyzed by the DID model with firms' panel data from 2009 to 2019 as research objects. First, it was found that the SCP can significantly increase the TFP of firms (0.041). Second, through heterogeneity analysis, we found that SCP can strengthen the monopoly position of monopolistic firms and state-owned enterprises. Moreover, the SCP can also alleviate the development imbalance of TFP between firms in coastal and non-coastal areas. In addition, SCP can significantly improve TFP of heavy polluting enterprises. Finally, we find that the important ways for SCP to improve firms' TFP is increasing investment in technological innovation, talent agglomeration, attracting financing, improving resource allocation efficiency, and digital transformation. The study provides unique insights for policy makers and business managers in China and other emerging countries to enhance TFP and achieve corporate sustainable development. |
| https://link.springer.com/content/pdf/10.1007/s11356-022-21681-1.pdf |
Similar Articles
| ID | Score | Article |
|---|---|---|
41890
|
Qu, K; Zhang, YP; Fan, XH From Smart Cities to Smarter Economies: The Dynamics of Urban Technology and Enterprise Total Factor Productivity(2024) | |
| 36617
|
Yuan, Q; Wu, LH; Zhang, P Informatization Construction and Urban Total Factor Productivity: Empirical Analysis Based on China's Smart City Pilot Policy(2021) | |
| 45772
|
Wu, C; Shi, RY; Luo, YS Does smart city pilot improve green total factor productivity? Evidence from Chinese cities(2024)Environmental Science And Pollution Research, 31, 5 | |
| 45116
|
Jiang, HL; Jiang, PC; Wang, D; Wu, JH Can smart city construction facilitate green total factor productivity? A quasi-natural experiment based on China's pilot smart city(2021) | |
| 37295
|
Wang, KL; Pang, SQ; Zhang, FQ; Miao, Z; Sun, HP The impact assessment of smart city policy on urban green total-factor productivity: Evidence from China(2022) | |
| 36619
|
Xin, BG; Qu, YM Effects of Smart City Policies on Green Total Factor Productivity: Evidence from a Quasi-Natural Experiment in China(2019)International Journal Of Environmental Research And Public Health, 16, 13 | |
| 36778
|
Tang, HS; Wang, JB; Ou, CY How do smart city pilots affect the ESG performance of manufacturing firms? evidence from China(2024) | |
| 37317
|
Sun, D; Chen, CP Smart city and earnings management: Evidence from China(2024)Plos One, 19.0, 4 | |
| 38394
|
Yang, SB; Jahanger, A; Usman, M Examining the influence of green innovations in industrial enterprises on China's smart city development(2024) | |
| 35625
|
Lin, YK; Zhong, QM Does green finance policy promote green total factor productivity? Evidence from a quasi-natural experiment in the green finance pilot zone(2024)Clean Technologies And Environmental Policy, 26, 8 |