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The impact of network infrastructure on enterprise digital transformation ——A quasi-natural experiment from the “broadband China” Strategy

Author

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  • Xiaofang Jia
  • Baojian Xie
  • Xingan Wang

Abstract

In this paper, a multi-period difference-in-difference model is constructed to investigate the impact of network infrastructure on enterprise digital transformation. The results show that network infrastructure has effectively promoted the digital transformation of enterprises. Meanwhile, as the scale of network infrastructure construction expands, the role of network infrastructure in promoting enterprise digital transformation will be enhanced. Based on the mechanism analysis, network infrastructure promotes enterprise digital transformation through two channels: easing corporate financing constraints and improving core technical capabilities. Furthermore, the role of network infrastructure in enterprise digital transformation is not invariable, the effect is more pronounced in non-state-owned enterprises, growth enterprises, manufacturing enterprises, and enterprises located in developed cities.

Suggested Citation

  • Xiaofang Jia & Baojian Xie & Xingan Wang, 2024. "The impact of network infrastructure on enterprise digital transformation ——A quasi-natural experiment from the “broadband China” Strategy," Applied Economics, Taylor & Francis Journals, vol. 56(12), pages 1363-1380, March.
    • Handle: RePEc:taf:applec:v:56:y:2024:i:12:p:1363-1380
    DOI: 10.1080/00036846.2023.2176450
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    Citations

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    Cited by:

    1. Yang, Peng & Jiao, Yong & Feng, Yiqiang & Mu, Manning, 2026. "Digital economy policies and enterprise digital transformation: A quasi-natural experiment of digital economy pilot zones," Pacific-Basin Finance Journal, Elsevier, vol. 95(C).
    2. Lu, Junwei & Gao, He & Yang, Laifeng & Liu, Zhangxin (Frank), 2026. "Government-guided funds and the rise of corporate AI: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 95(C).
    3. Han, Zhen & Luo, Erga & Xiong, Xuezhen & Li, Jinkai, 2026. "Government innovation subsidies and enterprise digital transformation: Evidence from Chinese listed companies," Technology in Society, Elsevier, vol. 84(C).
    4. Liu, Biao & Li, Yanfeng & Liu, Jipeng & Hou, Yufei, 2024. "Does urban innovation policy accelerate the digital transformation of enterprises? Evidence based on the innovative City pilot policy," China Economic Review, Elsevier, vol. 85(C).
    5. Guosong Wang & Huizhen Zhang, 2025. "FinTech-Driven Corporate Sustainability: A Technology–Organization–Environment Framework Analysis," Sustainability, MDPI, vol. 17(19), pages 1-28, September.
    6. Lu, Yingchao & Chang, Hailing & Zhou, Yadan, 2025. "The impact of consumer complaints on corporate digital transformation," International Review of Economics & Finance, Elsevier, vol. 101(C).
    7. Wu, Xingying & Liu, Shan, 2025. "Gender diversity in top management and its impact on firm-level digital transformation: Evidence from China," Economic Modelling, Elsevier, vol. 145(C).
    8. Wang, Jianlong & Liu, Yong & Wang, Weilong & Wu, Haitao, 2024. "Does artificial intelligence improve enterprise carbon emission performance? Evidence from an intelligent transformation policy in China," Technology in Society, Elsevier, vol. 79(C).
    9. Yan, Sen & Ai, Kexin, 2026. "High-speed rail connectivity and supply chain information symmetry: insights from the bullwhip effect," Transport Policy, Elsevier, vol. 178(C).
    10. Maoguang Wang & Jianxiang Zhang & Xinzi Xia, 2026. "Building digital bridges: spillover effects of public infrastructure investment," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 16(1), pages 193-219, March.

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