数字化转型、供应链中断风险与企业全要素生产率OA

In the context of increasing global changes in supply chain uncertainty,how to build resilient supply chains through digital transformation and drive total factor productivity growth has become a theoretical gap and policy proposition that ur-gently needs to beovercome in the digital economy era.This article takes A-share listed companies in Shanghai and Shenzhen from 2012 to 2024 as the research object,and deeply explores the impact path of digital transformation on the total factor productivity of enterprises.The mechanism test finds that digital transformation promotes the improvement of total factor productivity of enterprises by reducing the risk level of supply chain interruption.Heterogeneity testing finds that digital transformation has a more prominent effect on improving the total factor productivity of enterprises in areas with state-owned nature,high financing constraints,low sup-ply chain discourse power,low supply chain efficiency,high digital infrastructure,and high government digital attention.This study focuses on the supply chain perspective,providing empirical evidence for enterprises toexplore effective strategies for digital transformation,as well as practical policy references for stimulating new drivers of economic growth and achieving high-quality eco-nomic development goals.