中国经济问题 ›› 2025›› Issue (05): 79-.

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数字经济赋能制造业供应链韧性路径研究

  

  • 出版日期:2025-10-15 发布日期:2025-11-27

  • Online:2025-10-15 Published:2025-11-27

摘要:

作为实体经济发展主体,制造业供应链韧性的提升对经济高质量发展至关重要,而在当下数字化时代,数字经济为制造业供应链韧性的提升提供了新的机遇。因此,本文选取 2011—2021 年制造业上市公司为主要研究对象,探究数字经济发展对供应链韧性的影响,并从与供应链运行息息相关的三条流———“信息流、资金流与物流”三个角度———出发,剖析数字经济影响供应链韧性的路径机制。研究发现,数字经济可以显著提升制造业供应链韧性,在一系列稳健性检验下结论依然成立。影响渠道检验表明,数字经济发展可以通过确保供应链运行中“信息流”“资金流”与“物流”的有效畅通来提升供应链韧性。异质性分析发现,数字经济对供应链韧性的提升作用在风险管理水平较高企业与数字经济发展环境优势区企业中更为显著。最后基于本文研究结论提出相应的政策建议。

关键词:

数字经济, 供应链韧性, 信息流, 资金流, 物流

Abstract:

Amid the complex and dynamic global landscape, the increasing threat of supply chain disruption poses a risk to the sustainable and robust development of China's economy. In today's digital era,the digital economy presents new opportunities for bolstering the resilience of manufacturing supply chains. This study empirically estimates the effects of the digital economy on supply chain resilience utilizing data from listed manufacturing companies between 2011 and 2021. Our findings reveal a positive relationship between the digital economy and supply chain resilience. This result remains significantly robust across a series of robustness checks. The channel test demonstrates that the digital economy facilitates supply chain resilience by ensuring the effective flow of information, funds, and logistics within the supply chain operations. Heterogeneity analysis reveals that the role of the digital economy in enhancing supply chain resilience is more significant in enterprises with higher risk management levels, and in enterprises in areas with advantages in the development environment of the digital economy. Finally, based on the research findings of this article, corresponding policy recommendations are proposed.

Key words:

digital economy, supply chain resilience, information flow, capital flow, logistics