Science Research  Academic Press

Impact of the degree of digital transformation on the financing constraints of the primary sector

Fan Yi 
Keywords: Primary industry; Degree of enterprise digital transformation;Financing constraints; Forecasting accuracy Industrial upgrading.

Abstract

Can increased digitisation improve the financing constraints of primary industries? This paper explores the impact of digitisation on the financing constraints of primary industry-related enterprises by quantifying the degree of digitisation enhancement based on text mining technology, using a sample of A-share listed primary industry-related enterprises from 2013 to 2022. This paper explores the specificity and mechanism of the impact of digitisation on the primary industry, and also makes suggestions on what the government and enterprises should do to improve the level of digitisation and promote the development of the industry.