IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v15y2024i1d10.1007_s13132-023-01356-z.html
   My bibliography  Save this article

Can Digitalization Improve the High-quality Development of Manufacturing? An Analysis Based on Chinese Provincial Panel Data

Author

Listed:
  • Lianghu Wang

    (Southeast University)

  • Jun Shao

    (Southeast University)

Abstract

Digitalization plays a pivotal role in enhancing manufacturing quality development and upgradation, helping translate transformation goals. The available literature has explored the impact of high-quality development in manufacturing, but the impact of digitalization and the underlying mechanism still needs to be systematically studied. This study aims to verify the impact of digitalization on the high-quality development of manufacturing employing dynamic panel data and a quantile regression model on China’s provincial panel data between 2011 and 2020. The results indicated that high-quality manufacturing development showed a fluctuating rising trend with insignificant regional differences, with no apparent trend with a significant difference in the eastern region compared to the central and western regions. The nonlinear effect analysis results revealed that digitalization significantly promoted high-quality development in manufacturing with a more prominent effect at 50% quantile. Digitalization showed significant and heterogenous results in eastern region data compared to other regions, cementing the importance of digitalization in high-quality manufacturing development. This research also empirically enriches the discussion on the relationship between digitalization and the high-quality manufacturing development of industries providing meaningful insight into policy implications for improving the high-quality level of the manufacturing industry and achieving sustainable economic development.

Suggested Citation

  • Lianghu Wang & Jun Shao, 2024. "Can Digitalization Improve the High-quality Development of Manufacturing? An Analysis Based on Chinese Provincial Panel Data," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2010-2036, March.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-023-01356-z
    DOI: 10.1007/s13132-023-01356-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-023-01356-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s13132-023-01356-z?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.

    References listed on IDEAS

    as
    1. Wurlod, Jules-Daniel & Noailly, Joëlle, 2018. "The impact of green innovation on energy intensity: An empirical analysis for 14 industrial sectors in OECD countries," Energy Economics, Elsevier, vol. 71(C), pages 47-61.
    2. Stephen Bond, 2002. "Dynamic panel data models: a guide to microdata methods and practice," CeMMAP working papers 09/02, Institute for Fiscal Studies.
    3. Wei Zhang & Siqi Zhao & Xiaoyu Wan & Yuan Yao, 2021. "Study on the effect of digital economy on high-quality economic development in China," PLOS ONE, Public Library of Science, vol. 16(9), pages 1-27, September.
    4. Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
    5. Magazzino, Cosimo & Mele, Marco & Morelli, Giovanna & Schneider, Nicolas, 2021. "The nexus between information technology and environmental pollution: Application of a new machine learning algorithm to OECD countries," Utilities Policy, Elsevier, vol. 72(C).
    6. Schleich, Joachim & Walz, Rainer & Ragwitz, Mario, 2017. "Effects of policies on patenting in wind-power technologies," Energy Policy, Elsevier, vol. 108(C), pages 684-695.
    7. Habibi, Fateh & Zabardast, Mohamad Amjad, 2020. "Digitalization, education and economic growth: A comparative analysis of Middle East and OECD countries," Technology in Society, Elsevier, vol. 63(C).
    8. Riccardo Leoncini & Alberto Marzucchi & Sandro Montresor & Francesco Rentocchini & Ugo Rizzo, 2019. "‘Better late than never’: the interplay between green technology and age for firm growth," Small Business Economics, Springer, vol. 52(4), pages 891-904, April.
    9. Kontolaimou, Alexandra & Giotopoulos, Ioannis & Tsakanikas, Aggelos, 2016. "A typology of European countries based on innovation efficiency and technology gaps: The role of early-stage entrepreneurship," Economic Modelling, Elsevier, vol. 52(PB), pages 477-484.
    10. Zhiguo Wang & Junbin Wang & Guoping Zhang & Zhixiong Wang, 2021. "Evaluation of Agricultural Extension Service for Sustainable Agricultural Development Using a Hybrid Entropy and TOPSIS Method," Sustainability, MDPI, vol. 13(1), pages 1-17, January.
    11. Rui Li & Jing Rao & Liangyong Wan, 2022. "The digital economy, enterprise digital transformation, and enterprise innovation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(7), pages 2875-2886, October.
    12. Milica Jovanoviæ & Jasmina Dlaèiæ & Milan Okanoviæ, 2018. "Digitalization and society’s sustainable development – Measures and implications," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 36(2), pages 905-928.
    13. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    14. Zhao, Jun & Jiang, Qingzhe & Dong, Xiucheng & Dong, Kangyin, 2021. "Assessing energy poverty and its effect on CO2 emissions: The case of China," Energy Economics, Elsevier, vol. 97(C).
    15. Stephen R. Bond, 2002. "Dynamic panel data models: a guide to micro data methods and practice," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 1(2), pages 141-162, August.
    16. Jiaojiao Liu & Shuai Liu & Xiaolin Xu & Qi Zou, 2022. "Can Digital Transformation Promote the Rapid Recovery of Cities from the COVID-19 Epidemic? An Empirical Analysis from Chinese Cities," IJERPH, MDPI, vol. 19(6), pages 1-14, March.
    17. Lei Guo & Luying Xu, 2021. "The Effects of Digital Transformation on Firm Performance: Evidence from China’s Manufacturing Sector," Sustainability, MDPI, vol. 13(22), pages 1-18, November.
    18. Stephen Bond, 2002. "Dynamic panel data models: a guide to microdata methods and practice," CeMMAP working papers CWP09/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wang, Lianghu & Shao, Jun, 2023. "Digital economy, entrepreneurship and energy efficiency," Energy, Elsevier, vol. 269(C).
    2. Carlos Carreira & Luís Lopes, 2016. "Collecting new pieces to the regional knowledge spillovers puzzle: high-tech versus low-tech industries," GEMF Working Papers 2016-06, GEMF, Faculty of Economics, University of Coimbra.
    3. Falavigna, Greta & Ippoliti, Roberto, 2023. "SMEs’ behavior under financial constraints: An empirical investigation on the legal environment and the substitution effect with tax arrears," The North American Journal of Economics and Finance, Elsevier, vol. 66(C).
    4. Meles, Antonio & Salerno, Dario & Sampagnaro, Gabriele & Verdoliva, Vincenzo & Zhang, Jianing, 2023. "The influence of green innovation on default risk: Evidence from Europe," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 692-710.
    5. Ayman Hassan Bazhair & Mohammed Naif Alshareef, 2022. "Dynamic relationship between ownership structure and financial performance: a Saudi experience," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2098636-209, December.
    6. Jamil, Abd Rahim Md. & Law, Siong Hook & Mohamad Khair-Afham, M.S. & Trinugroho, Irwan, 2023. "Financial inclusion and economic uncertainty in developing countries: The role of digitalisation," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 786-806.
    7. Gnangnon, Sèna Kimm, 2023. "Duration of membership in the world trade organization and investment-oriented remittances inflows," The Quarterly Review of Economics and Finance, Elsevier, vol. 88(C), pages 258-277.
    8. Mohamed Mnasri & Georges Dionne & Jean-Pierre Gueyie, 2013. "The Maturity Structure of Corporate Hedging: the Case of the U.S. Oil and Gas Industry," Cahiers de recherche 1337, CIRPEE.
    9. Sèna Kimm Gnangnon, 2023. "Do unilateral trade preferences help reduce poverty in beneficiary countries?," International Journal of Economic Policy Studies, Springer, vol. 17(1), pages 249-288, February.
    10. Guo, Pin & Zhang, Cheng, 2023. "The impact of bank FinTech on liquidity creation: Evidence from China," Research in International Business and Finance, Elsevier, vol. 64(C).
    11. Nisreen Mousa & Abdallah Nassereddine, 2024. "Manufacturing and Economic Growth in Selected MENA Countries: A Kaldorian Approach," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 30(3), pages 327-341, August.
    12. Vu, Tam Bang & Noy, Ilan, 2013. "Regional Effects of Natural Disasters in China," Working Paper Series 18776, Victoria University of Wellington, School of Economics and Finance.
    13. Sena Kimm Gnangnon, 2022. "Effect of economic complexity on services export diversification: do foreign direct investment inflows matter?," International Journal of Development Issues, Emerald Group Publishing Limited, vol. 21(3), pages 413-437, June.
    14. Ismail M. Cole, 2023. "The political economy triangle of government spending, interest‐group influence, and income inequality: Evidence and implications from the US states," Economics and Politics, Wiley Blackwell, vol. 35(3), pages 1122-1176, November.
    15. Lin, Boqiang & Wang, Chonghao, 2023. "Does industrial relocation affect regional carbon intensity? Evidence from China's secondary industry," Energy Policy, Elsevier, vol. 173(C).
    16. Mücahid Samet YILMAZ & Mustafa ACAR, 2024. "Balance Sheet Effects of Exchange Rate Changes and Debt Dollarisation: An Econometric Analysis on the Turkish Real Sector," Sosyoekonomi Journal, Sosyoekonomi Society, issue 32(60).
    17. S. O. Falana & S. D. Salako & S. M. Akinsanya & L. O. Awoyinka & A. Salaudeen & O. J. Adewoye, 2024. "Foreign Aid, Remittances and Poverty in Sub-Saharan Africa (2007-2018)," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 11(8), pages 698-725, August.
    18. Jun Shao & Lianghu Wang, 2024. "The role of different paths of technological progress in improving China's energy efficiency," Energy & Environment, , vol. 35(4), pages 2008-2030, June.
    19. Anwar Al-Gasaymeh & Miral R. Samarah, 2023. "Does Country Risk Affect Banking Efficiency: Empirical Evidence from Turkey and Selected Countries from the European Union," Global Business Review, International Management Institute, vol. 24(6), pages 1401-1417, December.
    20. Tibi Didier Zoungrana & Aguima Aimé Bernard Lompo & Daouda Lawa Tan Toé, 2024. "Effect of climate finance on environmental quality: A global analysis," Post-Print hal-04691240, HAL.

    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:spr:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-023-01356-z. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.