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| The Impacts of Artificial Intelligence on the Productivity of Manufacturing Firms: Is There a Productivity Paradox |
| Fan Xiaonan1,Meng Fankun2,Bao Xiaona1,Qu Gang3 |
| (1. School of Management, Dalian Polytechnic University, Dalian 116034, China;2. Business School,Cardiff University,Cardiff Wales, CF10 3AT, UK;3. School of Economics and Management, Dalian University of Technology, Dalian 116024, China) |
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Abstract In the context of a new round of scientific and technological changes and industrial revolution, Artificial Intelligence (AI) has been deeply integrated into various industries and become an important driving force for industrial development. Whether AI can promote the productivity of manufacturing firms has become the key to realize the high-quality development of China's manufacturing industry in the new era. We examine the impacts of AI on the productivity by using the data of Chinese listed manufacturing firms from 2015 to 2017, and build a multiple mediating effect model to analyze the mechanism. The results show that AI improves the productivity of manufacturing firms and market share has a significant negative moderating effect on the relationship between AI and the productivity. Further research of the mechanism shows that AI promotes the productivity through three mediating variables: the quantity of labor, the efficiency of material capital and the output of technological innovation, meanwhile inhibits the productivity through the efficiency of human capital and the input of technological innovation.
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Received: 22 February 2020
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