Industrial Robots application and corporate competitiveness: Evidence from China's A-share market

Yongtao Shen, Yi Bai and Fan Zhang

Economic Analysis and Policy, 2025, vol. 87, issue C, 191-204

Abstract: Using data from A-share manufacturing listed firms from 2013 to 2023, we analyze the impact of industrial robots application on corporate competitiveness. Finding that the application of industrial robots can significantly enhance corporate competitiveness, which remains valid after a series of robustness checks. This positive effect is more pronounced in firms with technical executives, those in high-tech industries, and those with lower levels of digital infrastructure construction. Mechanism tests show that the application of industrial robots promotes corporate competitiveness by improving human capital, production efficiency, and governance efficiency. The economic consequence analysis indicates that the enhanced corporate competitiveness attributable to industrial robots can expand firms' market power.

Keywords: Industrial robots; Corporate competitiveness; Human capital; Production efficiency; Governance efficiency (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0313592625002255
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:87:y:2025:i:c:p:191-204

DOI: 10.1016/j.eap.2025.05.061

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 ().