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当前位置：国际金融进展 > 2025年 7卷 (2)期

Open Access Article

Advances in International Finance. 2025; 7: (2) ; 58-62 ; DOI: 10.12208/j.aif.20250028.

Research on the impact of trade policies uncertainty on firms’ digital transformation
贸易政策的不确定性对企业数字化转型的影响研究

作者： 郭孟龙 *

东南大学江苏南京

*通讯作者：郭孟龙,单位：东南大学江苏南京；

发布时间: 2025-08-31 总浏览量: 45

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摘要

随着地缘政治冲突频发、国际贸易摩擦日益升级，当今世界的贸易背景已然错综复杂，企业在这种不确定性中如何持续发展成为了社会关注的焦点，本文采用2000—2023年中国A股上市公司数据，构建贸易政策不确定性指标，并通过多种计量方法实证检验其对企业数字化转型的影响。结果表明，贸易政策的不确定性显著促进企业数字化转型，管理费率与风险承担能力起到正向调节作用。异质性分析显示，东部地区企业转型意愿更强，国有与高科技企业数字化响应程度较弱。

关键词： 贸易政策的不确定性；数字化转型

Abstract

Against frequent geopolitical conflicts and escalating international trade frictions, the current global trade environment has grown increasingly intricate. How firms can achieve sustainable development in such a trade environment has become a focus of social attention. This paper constructs a trade policy uncertainty indicator to detect the impact of its on firms’ digital transformation through a variety of econometric methods using data of Chinese A-share listed firms from 2000 to2023. The findings reveal that trade policy uncertainty significantly promotes firms’ digital transformation, and the management expense ratio and risk-taking level play a positive moderating role in the model. The heterogeneity results indicate that the transformation effect is notable in eastern regions; however, the transformation effect of state-owned and high-tech firms is significantly weaker than that of non-state-owned and non-high-tech firms.

Key words： Trade policy uncertainty; Digital transformation

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引用本文

郭孟龙, 贸易政策的不确定性对企业数字化转型的影响研究[J]. 国际金融进展, 2025; 7: (2) : 58-62.

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