Proceedings of the 3rd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2024, May 24–26, 2024, Jinan, China

Research Article

Digital Transformation and Enterprise Green Total Factor Productivity—Empirical Evidence Based on Text Analysis Methods

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  • @INPROCEEDINGS{10.4108/eai.24-5-2024.2350103,
        author={Jie  Deng},
        title={Digital Transformation and Enterprise Green Total Factor Productivity---Empirical Evidence Based on Text Analysis Methods},
        proceedings={Proceedings of the 3rd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2024, May 24--26, 2024, Jinan, China},
        publisher={EAI},
        proceedings_a={MSEA},
        year={2024},
        month={10},
        keywords={manufacturing companies; digital transformation; green total factor productivity; esg performance},
        doi={10.4108/eai.24-5-2024.2350103}
    }
    
  • Jie Deng
    Year: 2024
    Digital Transformation and Enterprise Green Total Factor Productivity—Empirical Evidence Based on Text Analysis Methods
    MSEA
    EAI
    DOI: 10.4108/eai.24-5-2024.2350103
Jie Deng1,*
  • 1: Zhejiang Gongshang University
*Contact email: 1742335057@qq.com

Abstract

This study utilizes the Malmquist-Luenberger (ML) index to evaluate the Green Total Factor Productivity (GTFP) of manufacturing firms. The assessment is conducted on a data set encompassing Chinese manufacturing enterprises from the years 2011 to 2020. Additionally, the study employs a Python crawler for gauging the extent of digi-tal transformation within these firms. The objective is to investigate and quantify the influence of digital transformation on the GTFP of manufacturing enterprises. Find-ings:(1) The results of the econometric model show that digital transformation can ef-fectively enhance GTFP of manufacturing enterprises; (2)The extent to which digital transformation bolsters GTFP of manufacturing enterprises is influenced by the com-panies' ESG performance. Specifically, it is observed that higher ESG performance correlates with a more pronounced enhancement effect of digital transformation on the GTFP of these firms.