Does e‐commerce infrastructure increase enterprise productivity? Evidence from China's e‐commerce demonstration city
Xiong Zhou,
Pengcheng Jiang
Abstract:This study leverages the National E‐commerce Demonstration City Pilot (NEDC) as a quasi‐natural experiment in e‐commerce infrastructure development. Utilising panel data from non‐financial firms listed on China's A‐share market from 2005 to 2022, we pioneered employ a multi‐period difference‐in‐differences (DID) approach to explore the direct and indirect effects of e‐commerce infrastructure on total factor productivity (TFP). Our findings reveal that: (1) The NEDC initiative significantly enhances firm‐level … Show more
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