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Research on the effects and mechanisms of digital finance driving the transformation and upgrading of the manufacturing industry
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DOI：10.1016/j.ribaf.2026.103538.png)
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Abstract
En 中文
• Digital finance and manufacturing upgrading first integrated under the TOE framework. • Five equifinal configurational pathways via fsQCA reveal causal complexity. • Macro-micro heterogeneity in digital finance effects systematically reconciled. • Robustness confirmed across quantile regression, DML, and alternative MTU measures. • TOE-based mechanisms: financial agglomeration, human capital, and entrepreneurship.
Keywords:
Digital Finance
Manufacturing Transformation and Upgrading
Resource Allocation
Supply Chain Management
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6.9
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2.7K
Citations:
1.0W
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Cited Papers