Digital Transformation of Chain Masters and Local Total Factor Productivity

Emerging Markets Finance and Trade 2026

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Authors: Yao Lu, Zhong Ma
DOI: 10.1080/1540496x.2026.2636777
Cited by: 2
References: 33

Abstract

This article examines the impact of Chain Masters’ (CMs) digital transformation on local total factor productivity (TFP). Findings show that: (i) CMs’ digital transformation significantly enhances the TFP of local peer enterprises. (ii) The underlying mechanisms indicate that CMs’ digital transformation increases the TFP of local peer enterprises by improving their quantity and quality of innovation, particularly by fostering breakthrough innovations. (iii) This positive effect is more pronounced when CMs are positioned downstream and for enterprises located in the eastern and central regions of China or within labor-intensive industries.

Fields of Study & Subjects

Digital Transformation in Industry Digital Innovation in Industries Flexible and Reconfigurable Manufacturing Systems

Publication details

Journal / source
Emerging Markets Finance and Trade
Publisher
Informa UK Limited
Volume
62
Issue
14
Pages
5919–5932
Publication date
16 March 2026
Language
EN