IDEAS home Printed from https://ideas.repec.org/a/eee/finana/v96y2024ipas1057521924005155.html
   My bibliography  Save this article

The mechanism of supply chain efficiency in enterprise digital transformation and total factor productivity

Author

Listed:
  • Teng, Yuqiang
  • Du, Anna Min
  • Lin, Boqiang

Abstract

Digital transformation (DT) represents a crucial measure for enterprises to enhance production efficiency. Supply chain construction has become a key strategic focus, and its efficient operation serves as a vital safeguard for elevating overall production efficiency within the enterprise. Based on the data of China's A-share listed enterprises from 2001 to 2022, this paper employed econometric models to investigate the impact of enterprise DT on total factor productivity (TFP), with a particular emphasis on examining the mechanistic role played by supply chain efficiency (SCE). The research findings reveal that: (1) Enterprise DT can significantly enhance TFP. The robustness of these results persists even after undergoing a series of endogeneity tests. (2) SCE plays a crucial mechanistic role in the impact of enterprise DT on TFP. The research results have been fully empirically tested, enterprises can significantly promote the inventory turnover with the help of digital technology, and then improve the TFP. The research findings and corresponding policy recommendations can provide a theoretical basis for enterprises in formulating DT strategies and delineating the supply chain development direction. This holds significant practical implications for enhancing enterprise production efficiency and achieving carbon neutral goal.

Suggested Citation

  • Teng, Yuqiang & Du, Anna Min & Lin, Boqiang, 2024. "The mechanism of supply chain efficiency in enterprise digital transformation and total factor productivity," International Review of Financial Analysis, Elsevier, vol. 96(PA).
  • Handle: RePEc:eee:finana:v:96:y:2024:i:pa:s1057521924005155
    DOI: 10.1016/j.irfa.2024.103583
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1057521924005155
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.irfa.2024.103583?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finana:v:96:y:2024:i:pa:s1057521924005155. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620166 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.