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In the era of digital economy,with the rapid development of information technology,platform economy has become a new engine of economic growth.It is urgent for enterprises to deeply integrate the development of platform economy with the improvement of their own value to lay a solid foundation for their long-term development.In order to deeply explore the impact of platform economy on enterprise value and explore its mechanism,this study uses ERNIE grand language model and enterprise annual report to accurately identify the development of enterprise-level platform economy.On this basis,relevant data of China's A-share listed enterprises from 2013 to 2022 are used as samples to conduct empirical research.It is found that the development of platform economy significantly drives the improvement of enterprise value,and this conclusion is still valid after a series of robustness tests.Further mechanism analysis shows that on the one hand,the development of platform economy can drive the rise of enterprise value by improving enterprise innovation efficiency;On the other hand,it can promote the improvement of enterprise value by improving the total factor productivity of enterprises.This effect is more obvious in high-tech enterprises,non-labor-intensive enterprises and enterprises in the western region.This study provides empirical reference and policy enlightenment for in-depth understanding of the driving effect of platform economy development on enterprise value and promoting the deep integration of Digital platform and microenterprises,which has important theoretical and practical significance.
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Basic Information:
DOI:10.20207/j.cnki.1007-3116.20260130.001
China Classification Code:F275;F832.51;F49
Citation Information:
[1]GUO Lu,YUAN Yingqian,WANG Zhenghai.Research on the Enabling Effect of Platform Economy on Enterprise Value Based on Large Language Model[J].Journal of Statistics and Information,2026,41(03):28-42.DOI:10.20207/j.cnki.1007-3116.20260130.001.
Fund Information:
国家社会科学基金重大项目“国家创新体系整体效能的统计测度研究”(24&ZD069)