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How data elements fuel new quality productive forces in enterprises: A perspective from digital finance

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  • Li, Yonghong
  • Liu, Chang
  • Xie, Haoyue

Abstract

This article uses data from Chinese A-share listed companies from 2011 to 2022 to empirically examine the impact of data elements on enterprises' new quality productivity. The study finds that data elements have a significant positive impact on enterprises' new quality productivity. Mechanism tests show that digital finance plays a significant mediating effect in the relationship between data elements and enterprises' new quality productivity; further analysis reveals that market competition exerts a positive moderating effect in the relationship between data elements and enterprises' new quality productivity.

Suggested Citation

  • Li, Yonghong & Liu, Chang & Xie, Haoyue, 2026. "How data elements fuel new quality productive forces in enterprises: A perspective from digital finance," Finance Research Letters, Elsevier, vol. 87(C).
    • Handle: RePEc:eee:finlet:v:87:y:2026:i:c:s1544612325023177
    DOI: 10.1016/j.frl.2025.109068
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    References listed on IDEAS

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