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Digital Transformation, Employment Demand and Structural Changes of Enterprises: Based on the Perspectives of “Process Management Efficiency” and “Mismatch Between Personnel and Positions”
China Journal of Economics 2026, 13(2): 203-217
Published: 07 August 2026
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Based on the 2020 China Private Enterprise Survey (CPES) data, this article examines the impact of digital transformation on corporate employment policies. The research finds that contrary to societal concerns, companies" labor demand has significantly increased due to the increase in digitalization. After other sensitivity analysis, the above view remains stable. Moreover, the larger the scale of the enterprise, the more optimistic the market expectations, and the better the regional business environment. the stronger the employment promotion effect of the digital transformation of the enterprise. The heterogeneity analysis shows that the employment promotion effect of digital transformation is more pronounced in enterprises with faster rising labor costs, more optimistic macroeconomic expectations, and government employment policy support. Further analysis also finds that the employment promotion effect of digital transformation has obvious "structural” characteristics, that is, digital transformation promotes the recruitment of high-quality talents by enterprises, while the “substitution effect” of low-quality personnel has asymmetric characteristics of “flow and stock” Mechanism analysis shows that digital transformation can improve the efficiency of process management in enterprises, exacerbating the problem of “mismatch between labor demand and professional skills” in enterprises, and thus incentivizing enterprises to expand the proportion of recruitment for high-quality talents. The research conclusions of this article have certain reference significance for supporting digital transformation and upgrading human capittal structure of enterprises, and also provide a new perspective for promoting high-quality employment under the new normal in China.

Issue
A Study of the Environmental Governance Effects of Officials’ Inspections: A Dual Mechanism Test of Pressure and Capacity
China Journal of Economics 2023, 10(3): 241-269
Published: 28 February 2025
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In order to get a sense of the local economy and understand the implementation of policies, official visits and inspections in enterprises have become a norm for officials to perform administrative functions and participate in economic decision-making. Therefore, does official inspections affect corporate environmental governance behavior? Using the data from the 12th China Private Enterprise Survey (CPES) in 2016, this paper empirically analyzes the effect and mechanism of official inspections on the environmental governance of private enterprises. The study finds that official inspections have a significant role in promoting corporate environmental governance, increasing the level of investment in environmental governance of private enterprises, and after using a series of methods, the conclusions are still robust. In addition, the research on the mechanism finds that official inspections strengthen the pressure of corporate environmental regulations, improve the convenience of formal financing, and obtain market development opportunities to promote investment in corporate environmental governance. Further analysis finds that the lower the degree of regional marketization, the greater the degree of corporate financing constraints, and the lower the pressure on environmental profit and loss, the stronger the effect of official visits in promoting corporate environmental governance. The research not only enriches the related research on political connections and corporate environmental governance, but also elaborates the micro-mechanisms of official inspections that affect corporate environmental governance from the perspective of the “combination of blocking and plugging” policy, which have an important implications for the government to formulate environmental regulatory policies and encourage private firms to invest in environmental governance.

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