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15 November 2024, Issue 06 (Sum No. 233)

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15 November 2024, Issue 06 (Sum No. 233) Previous Issue   
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Chain dynamic capability leads the digital transformation of characteristic agricultural product industry chain
WANG Yanming, LIU Yanli
2024 (06):  1-9. 
Abstract ( 5 )   PDF (1334KB) ( 2 )  
In recent years, under the background of high-quality economic development, the digital economy supported by digital technology has gradually become an important driving force for economic growth. Therefore, the characteristic agricultural product industry chain urgently needs to achieve agricultural quality and efficiency improvement through digital transformation.Based on empirical research using questionnaires related to the characteristic agricultural product industry chain in Southwest China, it was found that the dynamic capability of the chain significantly promotes the digital transformation of the characteristic agricultural product industry chain. Perception ability, capture ability, and transformation ability have significant positive impacts on the upstream, midstream, and downstream of the industry chain. Further research has found that there is heterogeneity in the chain dynamic capability in promoting the transformation of the characteristic agricultural product industry chain, which mainly comes from the level of infrastructure, farmers' training level and digital awareness. The research contribution lies in expanding the inertia argumentation logic of traditional agricultural industry chain transformation and simply discussing transformation, as well as expanding the perspective of dynamic capability research, providing an empirical research approach for the theory of characteristic agricultural product industry chain transformation and dynamic theory.
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Digital transformation of government governance and Household Entrepreneurship: Evidence from the “National Pilot Policy of Information Benefiting the People” in China
HU Xi
2024 (06):  10-17. 
Abstract ( 5 )   PDF (1190KB) ( 2 )  
The digital transformation of government governance is an objective requirement to promote the modernization of the governance system and governance capacity, and has great significance to optimizing the regional business environment and stimulating social innovation and entrepreneurial vitality. Existing studies have mostly focused on the economic and social effects of the digital transformation of government governance on countries, regions and enterprises, but have neglected its impact on micro subjects such as individuals and families. Based on the exogenous impact of the "National Pilot Policy of Information Benefiting the People", this paper finds that the digital transformation of government governance facilitates the identification of entrepreneurial opportunities, increases the expected net benefits of entrepreneurship, and significantly increases the entrepreneurial behaviors of households. Moreover, the positive facilitation is more pronounced for households located in the central and western regions, residing in large and medium-sized cities, and with a lower level of social capital. households are more significant.
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Digital Business Environment and Export Competitiveness of Manufacturing Industry: A Quantitative and Qualitative Perspective
WANG Yan, WEN Rong
2024 (06):  18-27. 
Abstract ( 4 )   PDF (1260KB) ( 2 )  
Optimization of digital business environment is the key to solidifying the new development pattern and realizing the double leap of export quantity and quality. Different from the previous literature that studies the impact of business environment on manufacturing export competitiveness from a single perspective, this paper explores the impact and mechanism of digital business environment optimization on manufacturing export competitiveness by constructing a multi-dimensional digital business environment indicator system under the dual perspective of "quantity" and "quality". This paper explores the impact and mechanism of digital business environment optimization on manufacturing export competitiveness under the dual perspective of "quantity" and "quality" by constructing a multi-dimensional digital business environment indicator system. The results show that the optimization of digital business environment effectively boosts the quality competitiveness of manufacturing exports while significantly enhancing the scale competitiveness of manufacturing exports. The impact of digital business environment optimization on manufacturing export scale competitiveness and export quality competitiveness shows different effects in different dimensions such as geographic location, manufacturing R&D density and regional openness level. The optimization of the digital business environment significantly promotes the "increase in quantity and quality" of manufacturing export competitiveness through the cost-saving effect and the innovation-enhancing effect.
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Differentiated Service Mode of Financial Services for Rural Revitalization: A Study on Preventive Governance for Rural Families Returning to Poverty
LIU Fengqin, SU Bing
2024 (06):  28-37. 
Abstract ( 5 )   PDF (1211KB) ( 2 )  
It is of great significance to clarify the effect of differentiated financial service model in rural revitalization on the preventive governance of rural families returning to poverty, and to explore a long-term mechanism for promoting rural revitalization in an all-round way. However, there is a lack of research on the impact of differentiated financial services based on Multidimensional Poverty Vulnerability Index. This paper empirically tests the differential effects of two rural revitalization financial service models, "Send piglets" and"Discount cash", on the preventive governance of rural families returning to poverty by using the data of the poor households continuously tracked by the archived cards, and explains them from the perspectives of rural family income structure, feasible capacity constraints, and capital endowment condition constraints. The study found that"Send piglets" and"Discounted cash" have significant preventive anti-poverty governance effects. Rural households with a single income structure and strong capacity endowment constraints are more efficient in delivering piglets, while after relaxing the constraints on income structure and capacity endowment, "Discounted cash" anti-poverty preventive governance effect is better. According to the income structure and ability endowment of rural households, rationally select the two differentiated financial service models of industrial poverty alleviation and Pratt & Whitney Finance, and make a good policy combination, it is the key to improve the efficiency of financial poverty alleviation and effectively realize the goal of poverty reduction.
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Rural Digital Economy Empowers Farmers’ Consumption: Internal Mechanism and Empirical Test
JI Yangyang, WANG Yongjing, WU Jiaqing
2024 (06):  38-47. 
Abstract ( 7 )   PDF (1317KB) ( 2 )  
The rural digital economy focuses on solving the practical problems of "agriculture, rural areas and farmers", and radiates new vitality of farmers’ consumption expansion and structural upgrading. The existing literature rarely comprehensively investigates the dual effects of rural digital economy on the expansion and quality improvement of farmers’ consumption, and pays less attention to the relationship between consumption level and consumption structure. Based on the panel data of 30 provinces from 2013 to 2020, this paper analyzes the dual impact of rural digital economy on the "quantity" and "quality" of farmers’ consumption, and explores the impact mechanism through threshold effect and intermediary effect. The results show that rural digital economy can significantly improve the level and structure of farmers’ consumption. The marginal promotion effect of rural digital economy on Farmers’ consumption level shows an increasing trend. From the perspective of the mechanism of the impact of rural digital economy on Farmers’ consumption structure, the demand level is to increase farmers’ income, and the supply level is to promote the revitalization of rural industry and improve fairness. The heterogeneity study found that the rural digital economy has a stronger promotion on the consumption level and consumption structure of farmers in the eastern region. In addition, farmers’ consumption level is another important factor affecting consumption structure, and rural digital economy can promote the upgrading of consumption structure by improving farmers’ consumption level. The study deepens the understanding of the impact of rural digital economy on Farmers’ consumption, and provides policy implications for the incremental improvement of farmers’ consumption.
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Research on the Impact of Financial Technology on the Credit Demand of Small and Micro Enterprises
WEN Xuezhou, SUN Hao, YUAN Shichen
2024 (06):  48-56. 
Abstract ( 6 )   PDF (1206KB) ( 2 )  
The credit needs of small and micro enterprises(SMEs)cannot be met without the precise support of commercial banks, but existing research has paid less attention to the matching situation between banks and SMEs from the perspective of financial technology (Fintech). Based on 508 bank samples and 2148 SMEs sample data from 5 provinces (autonomous regions) across the country, this paper measured matching degree of credit supply and demand between banks and SMEs. Based on this, this paper constructed a theoretical model of the relationship between Fintech application, innovation level, bank enterprise credit consensus, financial regulation, and matching degree of credit supply and demand between banks and SMEs and provided an empirical analysis and test. The results indicate that the application of Fintech has a positive impact on the matching degree of credit supply and demand between banks and SMEs; innovation level and credit consensus between banks and enterprises play a partial mediating role in it; financial regulation not only negatively regulates the relationship between the application of Fintech and innovation level; but also negatively regulates the role path of Fintech application in matching degree of credit supply and demand between banks and SMEs. The research conclusion enriches and expands the measurement of the matching degree of credit supply and demand between banks and enterprises and the related research on influencing factors, and provides a scientific decision-making basis for promoting Fintech to alleviate the financing difficulties of SMEs.
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Policy Incentives and Information Quality: The Impact of Error Tolerance and Correction Mechanisms on State-Owned Enterprises’ Forward-Looking Information Disclosure
LUO Bing, YANG Ni
2024 (06):  57-67. 
Abstract ( 5 )   PDF (1357KB) ( 2 )  
Adopting textual analysis and empirical tests on A-share SOEs from 2011 to 2021, it's found that fault-tolerance pilots by these enterprises notably enhance forward-looking information disclosure. The mechanism is shown to boost this disclosure by increasing risk-taking in decision-making processes. Combined with mixed-ownership reform and state-asset supervision reforms, these policies create synergies that further advance SOE disclosure. Economic consequence tests reveal that fault-tolerance policies motivate the disclosure of higher-quality forward-looking information, reducing information asymmetry and lowering SOE capital costs, while authentically reflecting their growth potential and strengthening future value creation and transformation capabilities.
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Environmental Subsidies and Corporate Environmental Investment: Cleaner Production or End-of-Pipe Treatment?
FAN Qingquan, WANG Xingyu, LIU Yinan
2024 (06):  68-78. 
Abstract ( 6 )   PDF (1218KB) ( 3 )  
Government subsidies are important incentive policy measures to promote green and low-carbon development, economic transformation and the achievement of social sustainability goals. Different from previous literature that mainly focuses on the impact of government subsidies on the overall environmental protection investment of enterprises, this paper based on manually-sorted data on the environmental subsidies and corporate environmental investment of China’s listed companies from 2007 to 2020, classifies two types of corporate environmental investment behaviors from internal and external perspectives: cleaner production (CP) and end-of-pipe treatment (ET), and analyzes the differences in the impacts of environmental subsidies on the two different types of investment behaviors. The results show that government subsidies for CP can alleviate the financing constraints and increase the expected returns of firms’ investment, which in turn can lead to greater investment by firms; government subsidies for ET fail to increase the expected returns of firms’ investment and have a crowding-out effect on the amount of investment made by enterprises themselves. The above findings provide scientific guideline for optimizing the structure of environmental subsidies and for accelerating the transition to cleaner production.
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The Impact of Digital Innovation on Total Factor Carbon Emission Efficiency
CHEN Yingwu
2024 (06):  79-88. 
Abstract ( 8 )   PDF (1211KB) ( 2 )  
In the critical period of achieving carbon peaking and carbon neutrality, leveraging the advantages of digital innovation to enhance total factor carbon emission efficiency is crucial. This paper employs panel data from 272 Chinese cities spanning from 2009 to 2021, using patents related to the digital economy to represent the level of digital innovation, and examines the impact of digital innovation on total factor carbon emission efficiency. The findings are as follows: (1)Digital innovation significantly improves total factor carbon emission efficiency, and this result is robust to policy influence exclusion, variable replacement and instrumental variable tests. (2)Heterogeneity analysis reveals that in the central regions, digital innovation has a significantly positive impact on total factor carbon emission efficiency, whereas in the eastern and western regions, this promotion effect is not significant. Both in provincial capitals and non-provincial capitals, digital innovation promotes total factor carbon emission efficiency, with a more pronounced effect in provincial capitals. (3)Mechanism analysis indicates that digital innovation significantly promotes industrial structure transformation and upgrading, accelerates the pace of green innovation, and enhances the intensity of environmental regulation, thereby improving total factor carbon emission efficiency. This study addresses the impact and mechanisms of digital innovation on total factor carbon emission efficiency, providing valuable insights for accelerating digital innovation, improving total factor carbon emission efficiency, and promoting a comprehensive green and low-carbon transformation of economic and social development.
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Research on the collaborative governance of artificial intelligence social responsibility in the consumer market: Driving models, mechanisms, and strategies
SHEN Pengyi, PENG Dehui, LIU Man
2024 (06):  89-99. 
Abstract ( 5 )   PDF (1626KB) ( 3 )  
This paper first proposes a driving model for artificial intelligence (AI) social responsibility collaborative governance in the consumer market from three aspects: internal and external driving factors, active and passive participation in collaboration, and driving results, and uses perceived AI credibility as the driving result; Secondly, based on the theory of collaborative governance, proposing external and internal collaborative governance mechanisms for the social responsibility of artificial intelligence in the consumer market; Finally, based on the theory of strategic social responsibility, the collaborative governance strategies for AI social responsibility in the consumer market is proposed from three aspects: society, enterprises and individuals. The research results are not only beneficial for promoting the scientific and rational application of AI technology in the consumer market, but also provide a theoretical basis for further promoting research on AI social responsibility.
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Can digital access reduce the poverty vulnerability of rural households in border ethnic areas?
TIAN Yipiao, LIU Mingyue, LIAO Wangke
2024 (06):  100-109. 
Abstract ( 4 )   PDF (1213KB) ( 4 )  
As an important region for comprehensively promoting rural revitalization, ethnic border areas still face a high risk of returning to poverty. Compared with previous studies, this article focuses on the special region of border ethnic areas, explores the impact of digital access on the poverty vulnerability of rural households, and tests whether digital access can effectively suppress the poverty vulnerability of rural households by increasing utility levels. The research results indicate that digital access can significantly reduce the poverty vulnerability of rural households, and the results are still valid after a series of robustness and endogeneity tests; Research on the mechanism of action has found that digital access can reduce the probability of rural households falling into poverty in the future by promoting the upgrading of consumption structure and increasing social capital accumulation; Heterogeneity analysis shows that the impact of digital access on the poverty vulnerability of rural households varies significantly among different groups, with a more significant mitigating effect on low-income and poor health vulnerable groups, as well as rural households with junior high school education or above. The research conclusion provides a new approach for poverty governance in border ethnic areas and important policy implications for preventing and resolving the risk of large-scale poverty relapse.
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