Digital Finance and Total Factor Productivity: Evidence from China

DOI

10.2991/978-94-6463-198-2_88How to use a DOI?

Keywords

Digital finance; ESG; Total factor productivity

Abstract

This study investigates the effect of digital finance and ESG performance on total factor productivity. Using a large sample of Chinese listed firms over the period 2011–2020, we find that the deepening and improvement of digital finance can have a positive impact on the total factor productivity of enterprises. Digital finance improves total factor productivity by improving ESG performance. Further inspection shows that digital finance and ESG performance have greater impact on total factor productivity of private enterprises. From the perspective of digital finance and ESG performance, this study provides theoretical support and empirical evidence for improving China’s total factor productivity and high-quality development path.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Xiaoqing Lian
PY  - 2023
DA  - 2023/08/10
TI  - Digital Finance and Total Factor Productivity: Evidence from China
BT  - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
PB  - Atlantis Press
SP  - 857
EP  - 864
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-198-2_88
DO  - 10.2991/978-94-6463-198-2_88
ID  - Lian2023
ER  -