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How does digital finance promote enterprise exports? An empirical analysis of FDI and trade structure

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  • Liu, Xiang
  • Zhou, Zhichao
  • Gu, Xianhua

Abstract

This paper aims to explore how digital finance promotes enterprise exports through channels such as foreign direct investment (FDI) and trade structure. Through empirical analysis, the study finds that digital finance significantly enhances the export growth of enterprises. Furthermore, the research indicates that both FDI and trade structure play mediating roles in the impact of digital finance on enterprise exports. Finally, the paper reveals that the influence of digital finance on enterprise exports exhibits heterogeneity between regulated and non-regulated industries.

Suggested Citation

  • Liu, Xiang & Zhou, Zhichao & Gu, Xianhua, 2025. "How does digital finance promote enterprise exports? An empirical analysis of FDI and trade structure," Finance Research Letters, Elsevier, vol. 86(PF).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pf:s1544612325019658
    DOI: 10.1016/j.frl.2025.108711
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    References listed on IDEAS

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