Public data openness and corporate total factor productivity

Yifan Qian

Economic Analysis and Policy, 2025, vol. 85, issue C, 733-753

Abstract: Public data openness is a crucial initiative in advancing the development of digital government and the digital economy strategy. This study utilizes data from China's A-share listed companies from 2010 to 2022 and employs a multi-period difference-in-differences (DID) model to analyze the impact of public data openness on corporate total factor productivity (TFP). The conclusions are as follows: (1) Public data openness can enhance corporate total factor productivity. This conclusion remains robust after considering the heterogeneous treatment effects and addressing endogeneity issues. (2)Public data openness improves corporate total factor productivity by reducing information asymmetry, enhancing corporate operational capabilities, and optimizing the market environment. (3)Heterogeneity analysis reveals that public data openness has a more significant impact on improving TFP for companies in eastern regions and non-manufacturing industries. Moreover, this improvement is more pronounced in firms with higher market positions and greater resilience. Based on these findings, this research provides empirical evidence and policy insights for advancing public data openness, improving corporate productivity, and strengthening the stability and resilience of the socio-economic system.

Keywords: Public data openness; Total factor productivity; Information asymmetry; Data utilization capability; Regional market fairness (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0313592624003758
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:85:y:2025:i:c:p:733-753

DOI: 10.1016/j.eap.2024.12.036

Access Statistics for this article

Economic Analysis and Policy is currently edited by Clevo Wilson

More articles in Economic Analysis and Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().