Can Enterprise Digital Transformation Reduce the Reliance on Bank Credit? Evidence from China

This is the Replication Folder of the paper titled "Can Enterprise Digital Transformation Reduce the Reliance on Bank Credit? Evidence from China"
Regarding the empirical evidence, this paper first report the results of descriptive statistics for the key variables, and then proceeds to the fourth part of Empirical results and analysis, which has the following main content.
4.1Basic regression;
4.2Robustness check,including:4.2.1Regression results of robustness check 1: Replacing the indicator of enterprise digital transformation;4.2.22Replacing the reliance on bank credit indicator;4.2.3excluding data for first-tier cities and province-level municipalities in China;4.2.4time * industry fixed effects;
4.3Endogeneity test,including:4.3.1Exogenous policy shocks and 4.3.2Instrumental variables method;
4.4Mechanism analysis.
Finally, we performed the fifth part of the mechanistic analysis and the sixth part of the Heterogeneous effects based on the baseline regression.
The statistical software we use is Stata17.

本数据集为论文《企业数字化转型能否减少对银行信贷的依赖？来自中国的证据》的复制文件夹。在实证证据方面，该论文首先报告了关键变量的描述性统计结果，随后进入实证结果与分析的第四部分，其内容主要包括以下方面：
4.1 基本回归分析；
4.2 稳健性检验，包括：4.2.1 稳健性检验1的回归结果：替换企业数字化转型的指标；4.2.2 替换对银行信贷依赖的指标；4.2.3 排除中国一线城市及省级行政市的数据；4.2.4 时间*行业固定效应；
4.3 内生性检验，包括：4.3.1 外生政策冲击和4.3.2 工具变量法；
4.4 机制分析。
最后，我们基于基线回归进行了第五部分的机制分析和第六部分基于异质性效应的分析。所使用的统计软件为Stata17。