Safety Investment, New Quality Productivity Forces Forces and Financial Performance of Civil Aviation Enterprises- Empirical Analysis Based on Moderating Effect and Threshold Effect

Li-juan Lu and Lin Yuan ()
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Li-juan Lu: Civil Aviation University of China
Lin Yuan: Civil Aviation University of China

A chapter in Proceedings of the 2026 4th International Conference on Digital Economy and Management Science (CDEMS 2026), 2026, pp 567-574 from Springer

Abstract: Abstract Based on the practical issues of the coordinated development of safety and efficiency in the civil aviation industry, this paper introduces the new quality productivity into the analytical framework and deeply explores its influence mechanism on the safety investment and financial performance of civil aviation enterprises. By constructing a measurement model with the panel data of Chinese civil aviation enterprises from 2015 to 2025 as samples and conducting empirical tests, it is found that safety investment has a significant promoting effect on financial performance, and the new quality productivity plays a significant positive moderating role in this path. Moreover, the moderating effect has a dual-threshold characteristic, and the overall relationship shows a stepwise enhancement nonlinear pattern. This study not only provides theoretical explanations and empirical evidence for the assertion that "safety is benefit" from the perspective of new quality productivity, but also offers practical guidance and decision-making references for aviation enterprises to improve safety governance efficiency through technological innovation and optimal allocation of factors.

Keywords: Safety investment; new quality productivity forces; Financial performance; Moderating effect; Threshold effect; Civil aviation enterprises (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-699-9_61

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DOI: 10.2991/978-94-6239-699-9_61

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