当代财经 ›› 2024, Vol. 0 ›› Issue (4): 127-140.

• 产业与贸易 • 上一篇    下一篇

外部不确定性、数字化赋能与企业全球价值链嵌入——基于“一带一路”沿线国家企业的证据

郭平1, 胡君1, 秦开强2   

  1. 1.南京财经大学 金融学院,江苏 南京 210023;
    2.云南大学 经济学院,云南 昆明 650091
  • 收稿日期:2023-04-16 修回日期:2023-09-22 出版日期:2024-04-15 发布日期:2024-04-25
  • 通讯作者: 郭平,南京财经大学讲师,博士,主要从事数字经济和全球价值链研究,联系方式guoping919@126.com。
  • 作者简介:胡君,南京财经大学讲师,博士,主要从事国际金融理论研究;秦开强,云南大学讲师,博士,主要从事技术进步与经济发展研究。
  • 基金资助:
    国家社会科学基金青年项目“虚拟与地理双重集聚增进中国制造业产业链韧性的机制与路径研究”(23CJL011); 国家自然科学基金地区项目“贸易政策不确定性对中国企业出口的风险溢出效应与应对策略研究”(71863036); 国家自然科学基金地区项目“技术进步偏向对资本回报率变动的影响机理研究”(71863035); 江苏省高校哲学社会科学研究项目“长三角数字经济与区域科技创新的耦合机制与协同发展路径研究”(2022SJYB0263)

External Uncertainty, Digital Empowerment and Enterprise GVC Embeddedness: Evidences from Enterprises in Countries along the “Belt and Road”

GUO Ping1, HU Jun1, QIN Kai-qiang2   

  1. 1. Nanjing University of Finance and Economics, Nanjing 210023;
    2. Yunnan University, Kunming 650091, China
  • Received:2023-04-16 Revised:2023-09-22 Online:2024-04-15 Published:2024-04-25

摘要: 外部不确定性加剧全球价值链收缩,成为“一带一路”区域价值链构建面临的重要问题;深化数字化赋能将帮助企业应对不确定性冲击,稳固企业全球价值链嵌入。采用2008—2019年世界银行企业调查数据与全球不确定性指数,研究外部不确定性对“一带一路”沿线国家企业全球价值链嵌入的影响以及数字化赋能的调节作用。研究发现,外部不确定性显著抑制“一带一路”沿线国家企业全球价值链嵌入决策与嵌入水平;外部不确定性主要通过加大供应链风险、降低生产效率以及阻碍技术创新来抑制企业全球价值链嵌入;异质性分析显示,外部不确定性对小规模企业、高契约密集型行业以及较低制度环境水平国家的全球价值链嵌入的影响更大。企业与国家层面的数字化赋能将有效缓解外部不确定性对“一带一路”沿线国家企业全球价值链嵌入的抑制作用。基于以上研究结论,政府亟须稳定企业外部风险预期,完善供应链风险应对机制,提升企业参与全球价值链分工能力,以数字化赋能促进企业全球价值链韧性提升,加快推动数字基础设施建设与数字贸易制度创新。

关键词: 外部不确定性, 企业全球价值链, “一带一路”, 数字化赋能

Abstract: The external uncertainty intensifies the contraction of the global value chain, which has become an important issue for the construction of the regional value chain of the “Belt and Road”. Deepening the digital empowerment will help enterprises cope with the impact of uncertainty shock and stabilize their integration into the global value chain. Using the World Bank enterprise survey data and global uncertainty index from 2008 to 2019, this paper studies the impact of external uncertainty on the global value chain embeddedness of enterprises in countries along the “Belt and Road” and the moderating effect of digital empowerment. The findings show that the external uncertainty significantly inhibits the embedding decision and embedding level of enterprises in the global value chain of countries along the “Belt and Road”, and that the external uncertainty mainly suppresses the global value chain embedding of enterprises by increasing supply chain risks, reducing production efficiency, and hindering technological innovation. The heterogeneity analysis shows that external uncertainty has a greater impact on the embedding of global value chains in small-scale enterprises, higher contract-intensive industries, and countries with lower levels of institutional environment. Digital empowerment at the enterprise and national levels will effectively alleviate the inhibition of external uncertainty on the embedding of enterprises in the global value chain of countries along the “Belt and Road”. Based on the above research conclusions, the government urgently needs to stabilize the external risk expectations of enterprises, improve the supply chain risk response mechanism, enhance the ability of enterprises to participate in the global value chain division of labor, promote the resilience of enterprises in the global value chain through digital empowerment, and accelerate the construction of digital infrastructure and innovation of digital trade systems.

Key words: external uncertainty, enterprise Global Value Chain, The Belt and Road Initiative, digital empowerment

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