From silos to markets: How data factor marketization drives digital-physical technology integration
Description
Paper Title: From silos to markets: How data factor marketization drives digital-physical technology integration Authors: Pengfei Zhang (Xiamen University of Technology) Ruilin Zhang (Xiamen University of Technology) Zitong Liu (Xiamen University of Technology) Date: October 31, 2025 Overview: This replication package contains all publicly available synthetic data, Stata codes, and documentation necessary to reproduce the main empirical results reported in the above-mentioned paper. The study investigates how the establishment of data-trading platforms promotes the digital-physical technology integration (DPTI) of Chinese A-share listed firms from 2008 to 2023, using a staggered DID framework. The package is designed to enhance research transparency and facilitate independent verification of all statistical findings.