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The Impact of Digital Economy on the High Quality Development of Agricultural Enterprises: Evidence From Listed Agricultural Enterprises in China

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  • Lina Ma
  • Tianci Wang

Abstract

As the most active field in China’s economic development, the digital economy is crucial to the high-quality development of enterprises. Taking Chinese-listed agricultural enterprises as research samples, this paper discusses the effect of the digital economy on promoting the high-quality development of agricultural enterprises and the mechanism behind it from the perspective of total factor productivity of enterprises. The study found that the digital economy significantly promoted the improvement of total factor productivity of agricultural enterprises and enabled the high-quality development of agricultural enterprises, and this conclusion remained valid after controlling for endogeneity and conducting robustness tests. In terms of action mechanisms, the digital economy is conducive to promoting green innovation and promoting the high-quality development of agricultural enterprises; However, entrepreneurial activity has a masking effect. Further analysis shows that the digital economy plays a more significant role in promoting non-resource-intensive agricultural enterprises located in northern China. At the same time, the higher the industrial structure and financial development level of the region, the more positive impact the digital economy can play. This study verifies the impact mechanism of the digital economy on the high-quality development of agricultural enterprises and provides enlightenment for China’s the digital economy policy-making and enterprises’ the high-quality development strategy decision-making.

Suggested Citation

  • Lina Ma & Tianci Wang, 2024. "The Impact of Digital Economy on the High Quality Development of Agricultural Enterprises: Evidence From Listed Agricultural Enterprises in China," SAGE Open, , vol. 14(2), pages 21582440241, June.
  • Handle: RePEc:sae:sagope:v:14:y:2024:i:2:p:21582440241257358
    DOI: 10.1177/21582440241257358
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    Cited by:

    1. Xing Liu & Shaobo Hong & Zhi Su & Yuanren Zhou, 2025. "The Impact of Digital Transformation on High-Quality Development of Manufacturing Enterprises: An Integrated Perspective on Efficiency and Social Responsibility," Mathematics, MDPI, vol. 13(5), pages 1-37, February.
    2. Min Qian & Jiameng Yang & Mengyuan Qiu, 2025. "Configuration Paths for High-Quality Development of Listed Companies Based on the TOE Framework: Evidence from China’s High-Tech Enterprises," Sustainability, MDPI, vol. 17(3), pages 1-29, January.

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