Information and communications technology infrastructure and firm growth: An empirical study of China's cities

Huang Jiashun; Li Weiping; Guo LijiaHall Jim W.

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Information and communications technology infrastructure and firm growth: An empirical study of China's cities

机译：Information and communications technology infrastructure and firm growth: An empirical study of China's cities

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Despite the importance of information and communications technology (ICT), previous studies of the business value of information technology have yielded mixed results. This study provides new empirical evidence that demonstrates the impact of cities' ICT on firm performance. A series of panel datasets are assembled to measure the improvement of city's ICT infrastructure and the change of firm performance during the years 2001-2016 in China. The findings demonstrate that city's ICTs positively promoted firm performance, including financial profitability, marketing performance and innovation performance. Instrumental variables are employed to verify the positive impact of city's ICTs infrastructure on firm profitability. Taking advantage of an exogenous variation of telecommunications upgrade as a natural experiment, this study uses the difference-in-difference approach to establish causality between cities' ICT infrastructure and firm profitability. Mechanisms are explored, which shows that better labour quality, lower costs and higher transparency are the three possible channels through which ICTs influence firm profitability.

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来源
《Telecommunications policy》 |2022年第3期|102263.1-102263.16|共16页
作者
Huang Jiashun; Li Weiping; Guo LijiaHall Jim W.;
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作者单位

Univ Sci & Technol China, Sch Publ Affairs, Hefei 230026, Peoples R China|Univ Sci & Technol China, Inst Intellectual Property, Hefei 230026, Peoples R China|Harvard Univ, Lab & Worklife Program, Cambridge, MA 02138 USA;

Sun Yat Sen Univ, Int Sch Business & Finance, Zhuhai 519082, Peoples R China;

Univ Cambridge, Fac Human Social & Polit Sci, Cambridge CB2 3RQ, EnglandUniv Oxford, Sch Geog & Environm, Oxford OX1 3QY, England;

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收录信息美国《科学引文索引》(SCI);美国《工程索引》(EI);
原文格式 PDF
正文语种英语
中图分类
关键词
ICT Infrastructure; Firm performance; Productivity; Causality; And city;

Information and communications technology infrastructure and firm growth: An empirical study of China's cities

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