As an emerging factor of production, data has become a critical driver of innovation and economic growth. The United States leverages the platform economy to establish global data barriers, the European Union emphasizes regulatory governance and privacy protection, and China has achieved rapid advancement through a large user base and diverse application scenarios. Existing studies, however, largely focus on the direct benefits of data and remain insufficient to capture its systemic role in R&D output, knowledge accumulation, and innovation processes within an endogenous growth framework.

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How Data Reshapes Technological Progress: Structural Impacts on Total Factor Productivity

  • Xiaolong Li,
  • Lewei Liao,
  • Pengfei Sun,
  • Zhengyu Wu

摘要

As an emerging factor of production, data has become a critical driver of innovation and economic growth. The United States leverages the platform economy to establish global data barriers, the European Union emphasizes regulatory governance and privacy protection, and China has achieved rapid advancement through a large user base and diverse application scenarios. Existing studies, however, largely focus on the direct benefits of data and remain insufficient to capture its systemic role in R&D output, knowledge accumulation, and innovation processes within an endogenous growth framework.