id	sid	tid	token	lemma	pos
fbem-21415	1	1	frontiers	frontier	NOUN
fbem-21415	1	2	in	in	ADP
fbem-21415	1	3	business	business	NOUN
fbem-21415	1	4	,	,	PUNCT
fbem-21415	1	5	economics	economic	NOUN
fbem-21415	1	6	and	and	CCONJ
fbem-21415	1	7	management	management	NOUN
fbem-21415	1	8	issn	issn	PROPN
fbem-21415	1	9	:	:	PUNCT
fbem-21415	1	10	2766	2766	NUM
fbem-21415	1	11	-	-	PUNCT
fbem-21415	1	12	824x	824x	NUM
fbem-21415	1	13	|	|	ADJ
fbem-21415	1	14	vol	vol	NOUN
fbem-21415	1	15	.	.	PROPN
fbem-21415	1	16	15	15	NUM
fbem-21415	1	17	,	,	PUNCT
fbem-21415	1	18	no	no	INTJ
fbem-21415	1	19	.	.	NOUN
fbem-21415	1	20	1	1	NUM
fbem-21415	1	21	,	,	PUNCT
fbem-21415	1	22	2024	2024	NUM
fbem-21415	1	23	112	112	NUM
fbem-21415	1	24	research	research	NOUN
fbem-21415	1	25	on	on	ADP
fbem-21415	1	26	the	the	DET
fbem-21415	1	27	impact	impact	NOUN
fbem-21415	1	28	of	of	ADP
fbem-21415	1	29	digital	digital	ADJ
fbem-21415	1	30	transformation	transformation	NOUN
fbem-21415	1	31	on	on	ADP
fbem-21415	1	32	the	the	DET
fbem-21415	1	33	capital	capital	NOUN
fbem-21415	1	34	labor	labor	NOUN
fbem-21415	1	35	ratio	ratio	NOUN
fbem-21415	1	36	of	of	ADP
fbem-21415	1	37	enterprises	enterprise	NOUN
fbem-21415	1	38	yuan	yuan	INTJ
fbem-21415	1	39	hu1	hu1	PROPN
fbem-21415	1	40	,	,	PUNCT
fbem-21415	1	41	a	a	PRON
fbem-21415	1	42	,	,	PUNCT
fbem-21415	1	43	jin	jin	NOUN
fbem-21415	1	44	chen1	chen1	PROPN
fbem-21415	1	45	,	,	PUNCT
fbem-21415	1	46	*	*	PUNCT
fbem-21415	1	47	school	school	NOUN
fbem-21415	1	48	of	of	ADP
fbem-21415	1	49	accountancy	accountancy	NOUN
fbem-21415	1	50	,	,	PUNCT
fbem-21415	1	51	anhui	anhui	PROPN
fbem-21415	1	52	university	university	PROPN
fbem-21415	1	53	of	of	ADP
fbem-21415	1	54	finance	finance	NOUN
fbem-21415	1	55	and	and	CCONJ
fbem-21415	1	56	economics	economic	NOUN
fbem-21415	1	57	,	,	PUNCT
fbem-21415	1	58	bengbu	bengbu	NOUN
fbem-21415	1	59	,	,	PUNCT
fbem-21415	1	60	anhui	anhui	PROPN
fbem-21415	1	61	,	,	PUNCT
fbem-21415	1	62	233030	233030	NUM
fbem-21415	1	63	,	,	PUNCT
fbem-21415	1	64	china	china	PROPN
fbem-21415	1	65	a2713660277@qq.com	a2713660277@qq.com	PROPN
fbem-21415	1	66	,	,	PUNCT
fbem-21415	1	67	*	*	PUNCT
fbem-21415	1	68	corresponding	correspond	VERB
fbem-21415	1	69	author	author	NOUN
fbem-21415	1	70	:	:	PUNCT
fbem-21415	1	71	120080997@aufe.edu.cn	120080997@aufe.edu.cn	NUM
fbem-21415	1	72	abstract	abstract	NOUN
fbem-21415	1	73	:	:	PUNCT
fbem-21415	1	74	having	have	VERB
fbem-21415	1	75	a	a	DET
fbem-21415	1	76	good	good	ADJ
fbem-21415	1	77	capital	capital	NOUN
fbem-21415	1	78	labor	labor	NOUN
fbem-21415	1	79	ratio	ratio	NOUN
fbem-21415	1	80	is	be	AUX
fbem-21415	1	81	beneficial	beneficial	ADJ
fbem-21415	1	82	for	for	ADP
fbem-21415	1	83	improving	improve	VERB
fbem-21415	1	84	the	the	DET
fbem-21415	1	85	production	production	NOUN
fbem-21415	1	86	efficiency	efficiency	NOUN
fbem-21415	1	87	of	of	ADP
fbem-21415	1	88	enterprises	enterprise	NOUN
fbem-21415	1	89	.	.	PUNCT
fbem-21415	2	1	in	in	ADP
fbem-21415	2	2	the	the	DET
fbem-21415	2	3	process	process	NOUN
fbem-21415	2	4	of	of	ADP
fbem-21415	2	5	digital	digital	ADJ
fbem-21415	2	6	transformation	transformation	NOUN
fbem-21415	2	7	,	,	PUNCT
fbem-21415	2	8	enterprises	enterprise	NOUN
fbem-21415	2	9	can	can	AUX
fbem-21415	2	10	capture	capture	VERB
fbem-21415	2	11	and	and	CCONJ
fbem-21415	2	12	utilize	utilize	VERB
fbem-21415	2	13	data	datum	NOUN
fbem-21415	2	14	information	information	NOUN
fbem-21415	2	15	more	more	ADV
fbem-21415	2	16	comprehensively	comprehensively	ADV
fbem-21415	2	17	and	and	CCONJ
fbem-21415	2	18	quickly	quickly	ADV
fbem-21415	2	19	through	through	ADP
fbem-21415	2	20	digital	digital	ADJ
fbem-21415	2	21	technology	technology	NOUN
fbem-21415	2	22	,	,	PUNCT
fbem-21415	2	23	helping	help	VERB
fbem-21415	2	24	them	they	PRON
fbem-21415	2	25	make	make	VERB
fbem-21415	2	26	reasonable	reasonable	ADJ
fbem-21415	2	27	capital	capital	NOUN
fbem-21415	2	28	labor	labor	NOUN
fbem-21415	2	29	investment	investment	NOUN
fbem-21415	2	30	decisions	decision	NOUN
fbem-21415	2	31	and	and	CCONJ
fbem-21415	2	32	thereby	thereby	ADV
fbem-21415	2	33	affecting	affect	VERB
fbem-21415	2	34	the	the	DET
fbem-21415	2	35	capital	capital	NOUN
fbem-21415	2	36	labor	labor	NOUN
fbem-21415	2	37	ratio	ratio	NOUN
fbem-21415	2	38	of	of	ADP
fbem-21415	2	39	enterprises	enterprise	NOUN
fbem-21415	2	40	.	.	PUNCT
fbem-21415	3	1	this	this	DET
fbem-21415	3	2	study	study	NOUN
fbem-21415	3	3	focuses	focus	VERB
fbem-21415	3	4	on	on	ADP
fbem-21415	3	5	all	all	DET
fbem-21415	3	6	a	a	DET
fbem-21415	3	7	-	-	PUNCT
fbem-21415	3	8	share	share	NOUN
fbem-21415	3	9	listed	list	VERB
fbem-21415	3	10	companies	company	NOUN
fbem-21415	3	11	in	in	ADP
fbem-21415	3	12	china	china	PROPN
fbem-21415	3	13	from	from	ADP
fbem-21415	3	14	2010	2010	NUM
fbem-21415	3	15	to	to	ADP
fbem-21415	3	16	2020	2020	NUM
fbem-21415	3	17	to	to	PART
fbem-21415	3	18	verify	verify	VERB
fbem-21415	3	19	the	the	DET
fbem-21415	3	20	inherent	inherent	ADJ
fbem-21415	3	21	logical	logical	ADJ
fbem-21415	3	22	relationship	relationship	NOUN
fbem-21415	3	23	between	between	ADP
fbem-21415	3	24	digital	digital	ADJ
fbem-21415	3	25	transformation	transformation	NOUN
fbem-21415	3	26	and	and	CCONJ
fbem-21415	3	27	capital	capital	NOUN
fbem-21415	3	28	labor	labor	NOUN
fbem-21415	3	29	ratio	ratio	NOUN
fbem-21415	3	30	.	.	PUNCT
fbem-21415	4	1	empirical	empirical	ADJ
fbem-21415	4	2	research	research	NOUN
fbem-21415	4	3	is	be	AUX
fbem-21415	4	4	conducted	conduct	VERB
fbem-21415	4	5	to	to	PART
fbem-21415	4	6	demonstrate	demonstrate	VERB
fbem-21415	4	7	whether	whether	SCONJ
fbem-21415	4	8	digital	digital	ADJ
fbem-21415	4	9	transformation	transformation	NOUN
fbem-21415	4	10	has	have	VERB
fbem-21415	4	11	a	a	DET
fbem-21415	4	12	significant	significant	ADJ
fbem-21415	4	13	impact	impact	NOUN
fbem-21415	4	14	on	on	ADP
fbem-21415	4	15	capital	capital	NOUN
fbem-21415	4	16	labor	labor	NOUN
fbem-21415	4	17	ratio	ratio	NOUN
fbem-21415	4	18	,	,	PUNCT
fbem-21415	4	19	and	and	CCONJ
fbem-21415	4	20	the	the	DET
fbem-21415	4	21	conclusions	conclusion	NOUN
fbem-21415	4	22	of	of	ADP
fbem-21415	4	23	the	the	DET
fbem-21415	4	24	problem	problem	NOUN
fbem-21415	4	25	are	be	AUX
fbem-21415	4	26	summarized	summarize	VERB
fbem-21415	4	27	.	.	PUNCT
fbem-21415	5	1	based	base	VERB
fbem-21415	5	2	on	on	ADP
fbem-21415	5	3	the	the	DET
fbem-21415	5	4	conclusions	conclusion	NOUN
fbem-21415	5	5	,	,	PUNCT
fbem-21415	5	6	policy	policy	NOUN
fbem-21415	5	7	opinions	opinion	NOUN
fbem-21415	5	8	are	be	AUX
fbem-21415	5	9	proposed	propose	VERB
fbem-21415	5	10	at	at	ADP
fbem-21415	5	11	the	the	DET
fbem-21415	5	12	government	government	NOUN
fbem-21415	5	13	and	and	CCONJ
fbem-21415	5	14	enterprise	enterprise	NOUN
fbem-21415	5	15	levels	level	NOUN
fbem-21415	5	16	.	.	PUNCT
fbem-21415	6	1	keywords	keyword	NOUN
fbem-21415	6	2	:	:	PUNCT
fbem-21415	6	3	digitization	digitization	NOUN
fbem-21415	6	4	:	:	PUNCT
fbem-21415	6	5	capital	capital	NOUN
fbem-21415	6	6	labor	labor	NOUN
fbem-21415	6	7	ratio	ratio	NOUN
fbem-21415	6	8	:	:	PUNCT
fbem-21415	6	9	investment	investment	NOUN
fbem-21415	6	10	efficiency	efficiency	NOUN
fbem-21415	6	11	.	.	PUNCT
fbem-21415	7	1	1	1	X
fbem-21415	7	2	.	.	X
fbem-21415	7	3	introduction	introduction	NOUN
fbem-21415	7	4	with	with	ADP
fbem-21415	7	5	the	the	DET
fbem-21415	7	6	comprehensive	comprehensive	ADJ
fbem-21415	7	7	arrival	arrival	NOUN
fbem-21415	7	8	of	of	ADP
fbem-21415	7	9	the	the	DET
fbem-21415	7	10	digital	digital	ADJ
fbem-21415	7	11	age	age	NOUN
fbem-21415	7	12	,	,	PUNCT
fbem-21415	7	13	the	the	DET
fbem-21415	7	14	digital	digital	ADJ
fbem-21415	7	15	economy	economy	NOUN
fbem-21415	7	16	has	have	AUX
fbem-21415	7	17	become	become	VERB
fbem-21415	7	18	an	an	DET
fbem-21415	7	19	inevitable	inevitable	ADJ
fbem-21415	7	20	choice	choice	NOUN
fbem-21415	7	21	for	for	ADP
fbem-21415	7	22	innovation	innovation	NOUN
fbem-21415	7	23	driven	drive	VERB
fbem-21415	7	24	development	development	NOUN
fbem-21415	7	25	in	in	ADP
fbem-21415	7	26	various	various	ADJ
fbem-21415	7	27	countries	country	NOUN
fbem-21415	7	28	.	.	PUNCT
fbem-21415	8	1	as	as	ADP
fbem-21415	8	2	of	of	ADP
fbem-21415	8	3	2021	2021	NUM
fbem-21415	8	4	,	,	PUNCT
fbem-21415	8	5	the	the	DET
fbem-21415	8	6	scale	scale	NOUN
fbem-21415	8	7	of	of	ADP
fbem-21415	8	8	china	china	PROPN
fbem-21415	8	9	's	's	PART
fbem-21415	8	10	digital	digital	ADJ
fbem-21415	8	11	economy	economy	NOUN
fbem-21415	8	12	has	have	AUX
fbem-21415	8	13	reached	reach	VERB
fbem-21415	8	14	45.5	45.5	NUM
fbem-21415	8	15	trillion	trillion	NUM
fbem-21415	8	16	yuan	yuan	NOUN
fbem-21415	8	17	,	,	PUNCT
fbem-21415	8	18	accounting	account	VERB
fbem-21415	8	19	for	for	ADP
fbem-21415	8	20	39.8	39.8	NUM
fbem-21415	8	21	%	%	NOUN
fbem-21415	8	22	of	of	ADP
fbem-21415	8	23	gdp	gdp	PROPN
fbem-21415	8	24	.	.	PUNCT
fbem-21415	9	1	digital	digital	PROPN
fbem-21415	9	2	development	development	NOUN
fbem-21415	9	3	has	have	AUX
fbem-21415	9	4	entered	enter	VERB
fbem-21415	9	5	an	an	DET
fbem-21415	9	6	accelerated	accelerated	ADJ
fbem-21415	9	7	track	track	NOUN
fbem-21415	9	8	.	.	PUNCT
fbem-21415	10	1	statistics	statistic	NOUN
fbem-21415	10	2	from	from	ADP
fbem-21415	10	3	the	the	DET
fbem-21415	10	4	national	national	PROPN
fbem-21415	10	5	development	development	PROPN
fbem-21415	10	6	and	and	CCONJ
fbem-21415	10	7	reform	reform	NOUN
fbem-21415	10	8	commission	commission	NOUN
fbem-21415	10	9	show	show	VERB
fbem-21415	10	10	that	that	SCONJ
fbem-21415	10	11	enterprises	enterprise	NOUN
fbem-21415	10	12	can	can	AUX
fbem-21415	10	13	improve	improve	VERB
fbem-21415	10	14	operational	operational	ADJ
fbem-21415	10	15	efficiency	efficiency	NOUN
fbem-21415	10	16	by	by	ADP
fbem-21415	10	17	about	about	ADV
fbem-21415	10	18	60	60	NUM
fbem-21415	10	19	%	%	NOUN
fbem-21415	10	20	,	,	PUNCT
fbem-21415	10	21	management	management	NOUN
fbem-21415	10	22	efficiency	efficiency	NOUN
fbem-21415	10	23	by	by	ADP
fbem-21415	10	24	about	about	ADV
fbem-21415	10	25	50	50	NUM
fbem-21415	10	26	%	%	NOUN
fbem-21415	10	27	,	,	PUNCT
fbem-21415	10	28	and	and	CCONJ
fbem-21415	10	29	save	save	VERB
fbem-21415	10	30	labor	labor	NOUN
fbem-21415	10	31	costs	cost	NOUN
fbem-21415	10	32	by	by	ADP
fbem-21415	10	33	20	20	NUM
fbem-21415	10	34	%	%	NOUN
fbem-21415	10	35	by	by	ADP
fbem-21415	10	36	using	use	VERB
fbem-21415	10	37	digital	digital	ADJ
fbem-21415	10	38	technology	technology	NOUN
fbem-21415	10	39	.	.	PUNCT
fbem-21415	11	1	enterprises	enterprise	NOUN
fbem-21415	11	2	empower	empower	VERB
fbem-21415	11	3	their	their	PRON
fbem-21415	11	4	development	development	NOUN
fbem-21415	11	5	by	by	ADP
fbem-21415	11	6	utilizing	utilize	VERB
fbem-21415	11	7	data	datum	NOUN
fbem-21415	11	8	as	as	ADP
fbem-21415	11	9	a	a	DET
fbem-21415	11	10	new	new	ADJ
fbem-21415	11	11	type	type	NOUN
fbem-21415	11	12	of	of	ADP
fbem-21415	11	13	production	production	NOUN
fbem-21415	11	14	factor	factor	NOUN
fbem-21415	11	15	.	.	PUNCT
fbem-21415	12	1	at	at	ADP
fbem-21415	12	2	present	present	ADJ
fbem-21415	12	3	,	,	PUNCT
fbem-21415	12	4	the	the	DET
fbem-21415	12	5	development	development	NOUN
fbem-21415	12	6	goals	goal	NOUN
fbem-21415	12	7	of	of	ADP
fbem-21415	12	8	enterprises	enterprise	NOUN
fbem-21415	12	9	have	have	AUX
fbem-21415	12	10	shifted	shift	VERB
fbem-21415	12	11	from	from	ADP
fbem-21415	12	12	high	high	ADJ
fbem-21415	12	13	-	-	PUNCT
fbem-21415	12	14	speed	speed	NOUN
fbem-21415	12	15	growth	growth	NOUN
fbem-21415	12	16	to	to	ADP
fbem-21415	12	17	highquality	highquality	NOUN
fbem-21415	12	18	development	development	NOUN
fbem-21415	12	19	,	,	PUNCT
fbem-21415	12	20	and	and	CCONJ
fbem-21415	12	21	efficiency	efficiency	NOUN
fbem-21415	12	22	improvement	improvement	NOUN
fbem-21415	12	23	is	be	AUX
fbem-21415	12	24	the	the	DET
fbem-21415	12	25	first	first	ADJ
fbem-21415	12	26	priority	priority	NOUN
fbem-21415	12	27	of	of	ADP
fbem-21415	12	28	high	high	ADJ
fbem-21415	12	29	-	-	PUNCT
fbem-21415	12	30	quality	quality	NOUN
fbem-21415	12	31	development	development	NOUN
fbem-21415	12	32	.	.	PUNCT
fbem-21415	13	1	however	however	ADV
fbem-21415	13	2	,	,	PUNCT
fbem-21415	13	3	inefficient	inefficient	ADJ
fbem-21415	13	4	capital	capital	NOUN
fbem-21415	13	5	labor	labor	NOUN
fbem-21415	13	6	allocation	allocation	NOUN
fbem-21415	13	7	still	still	ADV
fbem-21415	13	8	widely	widely	ADV
fbem-21415	13	9	exists	exist	VERB
fbem-21415	13	10	in	in	ADP
fbem-21415	13	11	enterprises	enterprise	NOUN
fbem-21415	13	12	,	,	PUNCT
fbem-21415	13	13	and	and	CCONJ
fbem-21415	13	14	the	the	DET
fbem-21415	13	15	capital	capital	NOUN
fbem-21415	13	16	labor	labor	NOUN
fbem-21415	13	17	ratio	ratio	NOUN
fbem-21415	13	18	can	can	AUX
fbem-21415	13	19	well	well	ADV
fbem-21415	13	20	reflect	reflect	VERB
fbem-21415	13	21	the	the	DET
fbem-21415	13	22	relationship	relationship	NOUN
fbem-21415	13	23	between	between	ADP
fbem-21415	13	24	enterprise	enterprise	NOUN
fbem-21415	13	25	capital	capital	NOUN
fbem-21415	13	26	and	and	CCONJ
fbem-21415	13	27	labor	labor	NOUN
fbem-21415	13	28	input	input	NOUN
fbem-21415	13	29	.	.	PUNCT
fbem-21415	14	1	whether	whether	SCONJ
fbem-21415	14	2	enterprises	enterprise	NOUN
fbem-21415	14	3	should	should	AUX
fbem-21415	14	4	rely	rely	VERB
fbem-21415	14	5	more	more	ADV
fbem-21415	14	6	on	on	ADP
fbem-21415	14	7	labor	labor	NOUN
fbem-21415	14	8	input	input	NOUN
fbem-21415	14	9	or	or	CCONJ
fbem-21415	14	10	capital	capital	NOUN
fbem-21415	14	11	investment	investment	NOUN
fbem-21415	14	12	in	in	ADP
fbem-21415	14	13	production	production	NOUN
fbem-21415	14	14	is	be	AUX
fbem-21415	14	15	not	not	PART
fbem-21415	14	16	only	only	ADV
fbem-21415	14	17	related	relate	VERB
fbem-21415	14	18	to	to	ADP
fbem-21415	14	19	enterprise	enterprise	NOUN
fbem-21415	14	20	production	production	NOUN
fbem-21415	14	21	efficiency	efficiency	NOUN
fbem-21415	14	22	,	,	PUNCT
fbem-21415	14	23	but	but	CCONJ
fbem-21415	14	24	also	also	ADV
fbem-21415	14	25	to	to	ADP
fbem-21415	14	26	the	the	DET
fbem-21415	14	27	sustainable	sustainable	ADJ
fbem-21415	14	28	development	development	NOUN
fbem-21415	14	29	of	of	ADP
fbem-21415	14	30	the	the	DET
fbem-21415	14	31	social	social	ADJ
fbem-21415	14	32	economy	economy	NOUN
fbem-21415	14	33	.	.	PUNCT
fbem-21415	15	1	therefore	therefore	ADV
fbem-21415	15	2	,	,	PUNCT
fbem-21415	15	3	whether	whether	SCONJ
fbem-21415	15	4	enterprises	enterprise	NOUN
fbem-21415	15	5	can	can	AUX
fbem-21415	15	6	leverage	leverage	VERB
fbem-21415	15	7	digital	digital	ADJ
fbem-21415	15	8	transformation	transformation	NOUN
fbem-21415	15	9	to	to	PART
fbem-21415	15	10	improve	improve	VERB
fbem-21415	15	11	the	the	DET
fbem-21415	15	12	efficiency	efficiency	NOUN
fbem-21415	15	13	of	of	ADP
fbem-21415	15	14	capital	capital	NOUN
fbem-21415	15	15	and	and	CCONJ
fbem-21415	15	16	labor	labor	NOUN
fbem-21415	15	17	allocation	allocation	NOUN
fbem-21415	15	18	and	and	CCONJ
fbem-21415	15	19	achieve	achieve	VERB
fbem-21415	15	20	high	high	ADJ
fbem-21415	15	21	-	-	PUNCT
fbem-21415	15	22	quality	quality	NOUN
fbem-21415	15	23	development	development	NOUN
fbem-21415	15	24	is	be	AUX
fbem-21415	15	25	an	an	DET
fbem-21415	15	26	important	important	ADJ
fbem-21415	15	27	practical	practical	ADJ
fbem-21415	15	28	issue	issue	NOUN
fbem-21415	15	29	that	that	PRON
fbem-21415	15	30	urgently	urgently	ADV
fbem-21415	15	31	needs	need	VERB
fbem-21415	15	32	to	to	PART
fbem-21415	15	33	be	be	AUX
fbem-21415	15	34	explored	explore	VERB
fbem-21415	15	35	.	.	PUNCT
fbem-21415	16	1	there	there	PRON
fbem-21415	16	2	are	be	VERB
fbem-21415	16	3	three	three	NUM
fbem-21415	16	4	types	type	NOUN
fbem-21415	16	5	of	of	ADP
fbem-21415	16	6	literature	literature	NOUN
fbem-21415	16	7	closely	closely	ADV
fbem-21415	16	8	related	relate	VERB
fbem-21415	16	9	to	to	ADP
fbem-21415	16	10	the	the	DET
fbem-21415	16	11	research	research	NOUN
fbem-21415	16	12	topic	topic	NOUN
fbem-21415	16	13	of	of	ADP
fbem-21415	16	14	this	this	DET
fbem-21415	16	15	article	article	NOUN
fbem-21415	16	16	:	:	PUNCT
fbem-21415	16	17	first	first	ADV
fbem-21415	16	18	,	,	PUNCT
fbem-21415	16	19	research	research	NOUN
fbem-21415	16	20	on	on	ADP
fbem-21415	16	21	the	the	DET
fbem-21415	16	22	impact	impact	NOUN
fbem-21415	16	23	of	of	ADP
fbem-21415	16	24	digital	digital	ADJ
fbem-21415	16	25	transformation	transformation	NOUN
fbem-21415	16	26	on	on	ADP
fbem-21415	16	27	enterprise	enterprise	NOUN
fbem-21415	16	28	investment	investment	NOUN
fbem-21415	16	29	efficiency	efficiency	NOUN
fbem-21415	16	30	and	and	CCONJ
fbem-21415	16	31	capital	capital	NOUN
fbem-21415	16	32	allocation	allocation	NOUN
fbem-21415	16	33	efficiency	efficiency	NOUN
fbem-21415	16	34	;	;	PUNCT
fbem-21415	16	35	second	second	X
fbem-21415	16	36	,	,	PUNCT
fbem-21415	16	37	research	research	NOUN
fbem-21415	16	38	on	on	ADP
fbem-21415	16	39	the	the	DET
fbem-21415	16	40	impact	impact	NOUN
fbem-21415	16	41	of	of	ADP
fbem-21415	16	42	digital	digital	ADJ
fbem-21415	16	43	transformation	transformation	NOUN
fbem-21415	16	44	on	on	ADP
fbem-21415	16	45	labor	labor	NOUN
fbem-21415	16	46	investment	investment	NOUN
fbem-21415	16	47	efficiency	efficiency	NOUN
fbem-21415	16	48	and	and	CCONJ
fbem-21415	16	49	human	human	ADJ
fbem-21415	16	50	capital	capital	NOUN
fbem-21415	16	51	structure	structure	NOUN
fbem-21415	16	52	;	;	PUNCT
fbem-21415	16	53	and	and	CCONJ
fbem-21415	16	54	third	third	ADJ
fbem-21415	16	55	,	,	PUNCT
fbem-21415	16	56	research	research	NOUN
fbem-21415	16	57	on	on	ADP
fbem-21415	16	58	relevant	relevant	ADJ
fbem-21415	16	59	factors	factor	NOUN
fbem-21415	16	60	affecting	affect	VERB
fbem-21415	16	61	the	the	DET
fbem-21415	16	62	capital	capital	NOUN
fbem-21415	16	63	labor	labor	NOUN
fbem-21415	16	64	ratio	ratio	NOUN
fbem-21415	16	65	of	of	ADP
fbem-21415	16	66	enterprises	enterprise	NOUN
fbem-21415	16	67	.	.	PUNCT
fbem-21415	17	1	research	research	NOUN
fbem-21415	17	2	on	on	ADP
fbem-21415	17	3	the	the	DET
fbem-21415	17	4	impact	impact	NOUN
fbem-21415	17	5	of	of	ADP
fbem-21415	17	6	digital	digital	ADJ
fbem-21415	17	7	transformation	transformation	NOUN
fbem-21415	17	8	on	on	ADP
fbem-21415	17	9	investment	investment	NOUN
fbem-21415	17	10	efficiency	efficiency	NOUN
fbem-21415	17	11	and	and	CCONJ
fbem-21415	17	12	capital	capital	NOUN
fbem-21415	17	13	allocation	allocation	NOUN
fbem-21415	17	14	efficiency	efficiency	NOUN
fbem-21415	17	15	of	of	ADP
fbem-21415	17	16	enterprises	enterprise	NOUN
fbem-21415	17	17	.	.	PUNCT
fbem-21415	18	1	digital	digital	ADJ
fbem-21415	18	2	transformation	transformation	NOUN
fbem-21415	18	3	has	have	AUX
fbem-21415	18	4	significantly	significantly	ADV
fbem-21415	18	5	improved	improve	VERB
fbem-21415	18	6	the	the	DET
fbem-21415	18	7	efficiency	efficiency	NOUN
fbem-21415	18	8	of	of	ADP
fbem-21415	18	9	enterprise	enterprise	NOUN
fbem-21415	18	10	investment	investment	NOUN
fbem-21415	18	11	,	,	PUNCT
fbem-21415	18	12	which	which	PRON
fbem-21415	18	13	li	li	PROPN
fbem-21415	18	14	lei	lei	PROPN
fbem-21415	18	15	et	et	PROPN
fbem-21415	18	16	al	al	PROPN
fbem-21415	18	17	.	.	PROPN
fbem-21415	19	1	(	(	PUNCT
fbem-21415	19	2	2022	2022	NUM
fbem-21415	19	3	)	)	PUNCT
fbem-21415	19	4	believe	believe	VERB
fbem-21415	19	5	is	be	AUX
fbem-21415	19	6	manifested	manifest	VERB
fbem-21415	19	7	in	in	ADP
fbem-21415	19	8	two	two	NUM
fbem-21415	19	9	aspects	aspect	NOUN
fbem-21415	19	10	:	:	PUNCT
fbem-21415	19	11	suppressing	suppress	VERB
fbem-21415	19	12	excessive	excessive	ADJ
fbem-21415	19	13	investment	investment	NOUN
fbem-21415	19	14	and	and	CCONJ
fbem-21415	19	15	alleviating	alleviate	VERB
fbem-21415	19	16	underinvestment	underinvestment	NOUN
fbem-21415	19	17	;	;	PUNCT
fbem-21415	19	18	digital	digital	ADJ
fbem-21415	19	19	transformation	transformation	NOUN
fbem-21415	19	20	can	can	AUX
fbem-21415	19	21	improve	improve	VERB
fbem-21415	19	22	investment	investment	NOUN
fbem-21415	19	23	efficiency	efficiency	NOUN
fbem-21415	19	24	by	by	ADP
fbem-21415	19	25	reducing	reduce	VERB
fbem-21415	19	26	agency	agency	NOUN
fbem-21415	19	27	costs	cost	NOUN
fbem-21415	19	28	,	,	PUNCT
fbem-21415	19	29	alleviating	alleviate	VERB
fbem-21415	19	30	information	information	NOUN
fbem-21415	19	31	asymmetry	asymmetry	NOUN
fbem-21415	19	32	between	between	ADP
fbem-21415	19	33	enterprises	enterprise	NOUN
fbem-21415	19	34	and	and	CCONJ
fbem-21415	19	35	the	the	DET
fbem-21415	19	36	outside	outside	ADJ
fbem-21415	19	37	world	world	NOUN
fbem-21415	19	38	,	,	PUNCT
fbem-21415	19	39	and	and	CCONJ
fbem-21415	19	40	the	the	DET
fbem-21415	19	41	promotion	promotion	NOUN
fbem-21415	19	42	effect	effect	NOUN
fbem-21415	19	43	of	of	ADP
fbem-21415	19	44	digital	digital	ADJ
fbem-21415	19	45	transformation	transformation	NOUN
fbem-21415	19	46	is	be	AUX
fbem-21415	19	47	more	more	ADV
fbem-21415	19	48	significant	significant	ADJ
fbem-21415	19	49	in	in	ADP
fbem-21415	19	50	nonstate	nonstate	ADJ
fbem-21415	19	51	-	-	PUNCT
fbem-21415	19	52	owned	own	VERB
fbem-21415	19	53	enterprises	enterprise	NOUN
fbem-21415	19	54	,	,	PUNCT
fbem-21415	19	55	high	high	ADJ
fbem-21415	19	56	-	-	PUNCT
fbem-21415	19	57	tech	tech	NOUN
fbem-21415	19	58	enterprises	enterprise	NOUN
fbem-21415	19	59	,	,	PUNCT
fbem-21415	19	60	and	and	CCONJ
fbem-21415	19	61	enterprises	enterprise	NOUN
fbem-21415	19	62	with	with	ADP
fbem-21415	19	63	high	high	ADJ
fbem-21415	19	64	levels	level	NOUN
fbem-21415	19	65	of	of	ADP
fbem-21415	19	66	external	external	ADJ
fbem-21415	19	67	marketization	marketization	NOUN
fbem-21415	19	68	.	.	PUNCT
fbem-21415	20	1	li	li	PROPN
fbem-21415	20	2	qinyang	qinyang	PROPN
fbem-21415	20	3	et	et	PROPN
fbem-21415	20	4	al	al	PROPN
fbem-21415	20	5	.	.	PROPN
fbem-21415	20	6	(	(	PUNCT
fbem-21415	20	7	2023	2023	NUM
fbem-21415	20	8	)	)	PUNCT
fbem-21415	20	9	believe	believe	VERB
fbem-21415	20	10	that	that	SCONJ
fbem-21415	20	11	digital	digital	ADJ
fbem-21415	20	12	transformation	transformation	NOUN
fbem-21415	20	13	of	of	ADP
fbem-21415	20	14	enterprises	enterprise	NOUN
fbem-21415	20	15	can	can	AUX
fbem-21415	20	16	significantly	significantly	ADV
fbem-21415	20	17	improve	improve	VERB
fbem-21415	20	18	their	their	PRON
fbem-21415	20	19	capital	capital	NOUN
fbem-21415	20	20	allocation	allocation	NOUN
fbem-21415	20	21	efficiency	efficiency	NOUN
fbem-21415	20	22	.	.	PUNCT
fbem-21415	21	1	the	the	DET
fbem-21415	21	2	impact	impact	NOUN
fbem-21415	21	3	of	of	ADP
fbem-21415	21	4	digital	digital	ADJ
fbem-21415	21	5	transformation	transformation	NOUN
fbem-21415	21	6	on	on	ADP
fbem-21415	21	7	capital	capital	NOUN
fbem-21415	21	8	allocation	allocation	NOUN
fbem-21415	21	9	efficiency	efficiency	NOUN
fbem-21415	21	10	of	of	ADP
fbem-21415	21	11	enterprises	enterprise	NOUN
fbem-21415	21	12	has	have	VERB
fbem-21415	21	13	heterogeneous	heterogeneous	ADJ
fbem-21415	21	14	characteristics	characteristic	NOUN
fbem-21415	21	15	,	,	PUNCT
fbem-21415	21	16	and	and	CCONJ
fbem-21415	21	17	the	the	DET
fbem-21415	21	18	positive	positive	ADJ
fbem-21415	21	19	impact	impact	NOUN
fbem-21415	21	20	on	on	ADP
fbem-21415	21	21	capital	capital	NOUN
fbem-21415	21	22	allocation	allocation	NOUN
fbem-21415	21	23	efficiency	efficiency	NOUN
fbem-21415	21	24	will	will	AUX
fbem-21415	21	25	further	far	ADV
fbem-21415	21	26	promote	promote	VERB
fbem-21415	21	27	the	the	DET
fbem-21415	21	28	growth	growth	NOUN
fbem-21415	21	29	of	of	ADP
fbem-21415	21	30	enterprise	enterprise	NOUN
fbem-21415	21	31	value	value	NOUN
fbem-21415	21	32	.	.	PUNCT
fbem-21415	22	1	liu	liu	PROPN
fbem-21415	22	2	yiwen	yiwen	PROPN
fbem-21415	22	3	et	et	PROPN
fbem-21415	22	4	al	al	PROPN
fbem-21415	22	5	.	.	PROPN
fbem-21415	23	1	(	(	PUNCT
fbem-21415	23	2	2022	2022	NUM
fbem-21415	23	3	)	)	PUNCT
fbem-21415	23	4	confirmed	confirm	VERB
fbem-21415	23	5	that	that	SCONJ
fbem-21415	23	6	the	the	DET
fbem-21415	23	7	digital	digital	ADJ
fbem-21415	23	8	economy	economy	NOUN
fbem-21415	23	9	can	can	AUX
fbem-21415	23	10	improve	improve	VERB
fbem-21415	23	11	the	the	DET
fbem-21415	23	12	investment	investment	NOUN
fbem-21415	23	13	efficiency	efficiency	NOUN
fbem-21415	23	14	of	of	ADP
fbem-21415	23	15	enterprises	enterprise	NOUN
fbem-21415	23	16	after	after	ADP
fbem-21415	23	17	the	the	DET
fbem-21415	23	18	development	development	NOUN
fbem-21415	23	19	transition	transition	NOUN
fbem-21415	23	20	period	period	NOUN
fbem-21415	23	21	,	,	PUNCT
fbem-21415	23	22	mainly	mainly	ADV
fbem-21415	23	23	manifested	manifest	VERB
fbem-21415	23	24	as	as	ADP
fbem-21415	23	25	a	a	DET
fbem-21415	23	26	regulatory	regulatory	ADJ
fbem-21415	23	27	effect	effect	NOUN
fbem-21415	23	28	on	on	ADP
fbem-21415	23	29	excessive	excessive	ADJ
fbem-21415	23	30	investment	investment	NOUN
fbem-21415	23	31	behavior	behavior	NOUN
fbem-21415	23	32	of	of	ADP
fbem-21415	23	33	enterprises	enterprise	NOUN
fbem-21415	23	34	;	;	PUNCT
fbem-21415	23	35	the	the	DET
fbem-21415	23	36	development	development	NOUN
fbem-21415	23	37	of	of	ADP
fbem-21415	23	38	digital	digital	ADJ
fbem-21415	23	39	economy	economy	NOUN
fbem-21415	23	40	can	can	AUX
fbem-21415	23	41	optimize	optimize	VERB
fbem-21415	23	42	the	the	DET
fbem-21415	23	43	production	production	NOUN
fbem-21415	23	44	and	and	CCONJ
fbem-21415	23	45	operation	operation	NOUN
fbem-21415	23	46	processes	process	NOUN
fbem-21415	23	47	of	of	ADP
fbem-21415	23	48	enterprises	enterprise	NOUN
fbem-21415	23	49	,	,	PUNCT
fbem-21415	23	50	integrate	integrate	VERB
fbem-21415	23	51	advantageous	advantageous	ADJ
fbem-21415	23	52	production	production	NOUN
fbem-21415	23	53	factor	factor	NOUN
fbem-21415	23	54	resources	resource	NOUN
fbem-21415	23	55	between	between	ADP
fbem-21415	23	56	regions	region	NOUN
fbem-21415	23	57	,	,	PUNCT
fbem-21415	23	58	reduce	reduce	VERB
fbem-21415	23	59	the	the	DET
fbem-21415	23	60	volatility	volatility	NOUN
fbem-21415	23	61	of	of	ADP
fbem-21415	23	62	enterprise	enterprise	NOUN
fbem-21415	23	63	profits	profit	NOUN
fbem-21415	23	64	,	,	PUNCT
fbem-21415	23	65	and	and	CCONJ
fbem-21415	23	66	promote	promote	VERB
fbem-21415	23	67	the	the	DET
fbem-21415	23	68	improvement	improvement	NOUN
fbem-21415	23	69	of	of	ADP
fbem-21415	23	70	investment	investment	NOUN
fbem-21415	23	71	efficiency	efficiency	NOUN
fbem-21415	23	72	of	of	ADP
fbem-21415	23	73	physical	physical	ADJ
fbem-21415	23	74	enterprises	enterprise	NOUN
fbem-21415	23	75	.	.	PUNCT
fbem-21415	24	1	the	the	DET
fbem-21415	24	2	impact	impact	NOUN
fbem-21415	24	3	of	of	ADP
fbem-21415	24	4	digital	digital	ADJ
fbem-21415	24	5	transformation	transformation	NOUN
fbem-21415	24	6	on	on	ADP
fbem-21415	24	7	labor	labor	NOUN
fbem-21415	24	8	investment	investment	NOUN
fbem-21415	24	9	efficiency	efficiency	NOUN
fbem-21415	24	10	.	.	PUNCT
fbem-21415	25	1	ye	ye	NUM
fbem-21415	25	2	yongwei	yongwei	PROPN
fbem-21415	25	3	et	et	PROPN
fbem-21415	25	4	al	al	PROPN
fbem-21415	25	5	.	.	PROPN
fbem-21415	25	6	(	(	PUNCT
fbem-21415	25	7	2022	2022	NUM
fbem-21415	25	8	)	)	PUNCT
fbem-21415	25	9	pointed	point	VERB
fbem-21415	25	10	out	out	ADP
fbem-21415	25	11	that	that	SCONJ
fbem-21415	25	12	digital	digital	ADJ
fbem-21415	25	13	transformation	transformation	NOUN
fbem-21415	25	14	has	have	AUX
fbem-21415	25	15	significantly	significantly	ADV
fbem-21415	25	16	increased	increase	VERB
fbem-21415	25	17	r&d	r&d	NOUN
fbem-21415	25	18	investment	investment	NOUN
fbem-21415	25	19	in	in	ADP
fbem-21415	25	20	enterprises	enterprise	NOUN
fbem-21415	25	21	,	,	PUNCT
fbem-21415	25	22	which	which	PRON
fbem-21415	25	23	will	will	AUX
fbem-21415	25	24	further	far	ADV
fbem-21415	25	25	stimulate	stimulate	VERB
fbem-21415	25	26	the	the	DET
fbem-21415	25	27	demand	demand	NOUN
fbem-21415	25	28	for	for	ADP
fbem-21415	25	29	high	high	ADJ
fbem-21415	25	30	skilled	skilled	ADJ
fbem-21415	25	31	labor	labor	NOUN
fbem-21415	25	32	.	.	PUNCT
fbem-21415	26	1	digital	digital	ADJ
fbem-21415	26	2	transformation	transformation	NOUN
fbem-21415	26	3	has	have	AUX
fbem-21415	26	4	significantly	significantly	ADV
fbem-21415	26	5	improved	improve	VERB
fbem-21415	26	6	business	business	NOUN
fbem-21415	26	7	efficiency	efficiency	NOUN
fbem-21415	26	8	,	,	PUNCT
fbem-21415	26	9	while	while	SCONJ
fbem-21415	26	10	also	also	ADV
fbem-21415	26	11	increasing	increase	VERB
fbem-21415	26	12	salaries	salary	NOUN
fbem-21415	26	13	for	for	ADP
fbem-21415	26	14	executives	executive	NOUN
fbem-21415	26	15	and	and	CCONJ
fbem-21415	26	16	ordinary	ordinary	ADJ
fbem-21415	26	17	employees	employee	NOUN
fbem-21415	26	18	.	.	PUNCT
fbem-21415	27	1	this	this	PRON
fbem-21415	27	2	indicates	indicate	VERB
fbem-21415	27	3	that	that	SCONJ
fbem-21415	27	4	digital	digital	ADJ
fbem-21415	27	5	transformation	transformation	NOUN
fbem-21415	27	6	of	of	ADP
fbem-21415	27	7	enterprises	enterprise	NOUN
fbem-21415	27	8	has	have	VERB
fbem-21415	27	9	skill	skill	NOUN
fbem-21415	27	10	bias	bias	NOUN
fbem-21415	27	11	characteristics	characteristic	NOUN
fbem-21415	27	12	,	,	PUNCT
fbem-21415	27	13	which	which	PRON
fbem-21415	27	14	helps	help	VERB
fbem-21415	27	15	to	to	PART
fbem-21415	27	16	transform	transform	VERB
fbem-21415	27	17	and	and	CCONJ
fbem-21415	27	18	upgrade	upgrade	VERB
fbem-21415	27	19	the	the	DET
fbem-21415	27	20	labor	labor	NOUN
fbem-21415	27	21	structure	structure	NOUN
fbem-21415	27	22	of	of	ADP
fbem-21415	27	23	enterprises	enterprise	NOUN
fbem-21415	27	24	.	.	PUNCT
fbem-21415	28	1	digitalization	digitalization	NOUN
fbem-21415	28	2	of	of	ADP
fbem-21415	28	3	enterprises	enterprise	NOUN
fbem-21415	28	4	can	can	AUX
fbem-21415	28	5	effectively	effectively	ADV
fbem-21415	28	6	improve	improve	VERB
fbem-21415	28	7	the	the	DET
fbem-21415	28	8	efficiency	efficiency	NOUN
fbem-21415	28	9	of	of	ADP
fbem-21415	28	10	labor	labor	NOUN
fbem-21415	28	11	investment	investment	NOUN
fbem-21415	28	12	,	,	PUNCT
fbem-21415	28	13	which	which	PRON
fbem-21415	28	14	is	be	AUX
fbem-21415	28	15	manifested	manifest	VERB
fbem-21415	28	16	in	in	ADP
fbem-21415	28	17	alleviating	alleviate	VERB
fbem-21415	28	18	the	the	DET
fbem-21415	28	19	excessive	excessive	ADJ
fbem-21415	28	20	employment	employment	NOUN
fbem-21415	28	21	of	of	ADP
fbem-21415	28	22	labor	labor	NOUN
fbem-21415	28	23	investment	investment	NOUN
fbem-21415	28	24	in	in	ADP
fbem-21415	28	25	enterprises	enterprise	NOUN
fbem-21415	28	26	;	;	PUNCT
fbem-21415	28	27	zhou	zhou	PROPN
fbem-21415	28	28	donghua	donghua	PROPN
fbem-21415	28	29	et	et	PROPN
fbem-21415	28	30	al	al	PROPN
fbem-21415	28	31	.	.	PROPN
fbem-21415	29	1	(	(	PUNCT
fbem-21415	29	2	2023	2023	NUM
fbem-21415	29	3	)	)	PUNCT
fbem-21415	29	4	believe	believe	VERB
fbem-21415	29	5	that	that	SCONJ
fbem-21415	29	6	improving	improve	VERB
fbem-21415	29	7	information	information	NOUN
fbem-21415	29	8	transparency	transparency	NOUN
fbem-21415	29	9	and	and	CCONJ
fbem-21415	29	10	optimizing	optimize	VERB
fbem-21415	29	11	human	human	ADJ
fbem-21415	29	12	capital	capital	NOUN
fbem-21415	29	13	structure	structure	NOUN
fbem-21415	29	14	are	be	AUX
fbem-21415	29	15	important	important	ADJ
fbem-21415	29	16	mechanisms	mechanism	NOUN
fbem-21415	29	17	for	for	ADP
fbem-21415	29	18	digital	digital	ADJ
fbem-21415	29	19	enterprises	enterprise	NOUN
fbem-21415	29	20	to	to	PART
fbem-21415	29	21	affect	affect	VERB
fbem-21415	29	22	labor	labor	NOUN
fbem-21415	29	23	investment	investment	NOUN
fbem-21415	29	24	efficiency	efficiency	NOUN
fbem-21415	29	25	.	.	PUNCT
fbem-21415	30	1	a	a	DET
fbem-21415	30	2	study	study	NOUN
fbem-21415	30	3	on	on	ADP
fbem-21415	30	4	the	the	DET
fbem-21415	30	5	relevant	relevant	ADJ
fbem-21415	30	6	factors	factor	NOUN
fbem-21415	30	7	affecting	affect	VERB
fbem-21415	30	8	the	the	DET
fbem-21415	30	9	capital	capital	NOUN
fbem-21415	30	10	labor	labor	NOUN
fbem-21415	30	11	ratio	ratio	NOUN
fbem-21415	30	12	of	of	ADP
fbem-21415	30	13	enterprises	enterprise	NOUN
fbem-21415	30	14	.	.	PUNCT
fbem-21415	31	1	kuang	kuang	PROPN
fbem-21415	31	2	yuzhen	yuzhen	PROPN
fbem-21415	31	3	et	et	PROPN
fbem-21415	31	4	al	al	PROPN
fbem-21415	31	5	.	.	PROPN
fbem-21415	31	6	(	(	PUNCT
fbem-21415	31	7	2021	2021	NUM
fbem-21415	31	8	)	)	PUNCT
fbem-21415	31	9	demonstrated	demonstrate	VERB
fbem-21415	31	10	through	through	ADP
fbem-21415	31	11	the	the	DET
fbem-21415	31	12	relationship	relationship	NOUN
fbem-21415	31	13	between	between	ADP
fbem-21415	31	14	banking	banking	NOUN
fbem-21415	31	15	competition	competition	NOUN
fbem-21415	31	16	and	and	CCONJ
fbem-21415	31	17	corporate	corporate	ADJ
fbem-21415	31	18	capital	capital	NOUN
fbem-21415	31	19	labor	labor	NOUN
fbem-21415	31	20	ratio	ratio	NOUN
fbem-21415	31	21	that	that	SCONJ
fbem-21415	31	22	the	the	DET
fbem-21415	31	23	effect	effect	NOUN
fbem-21415	31	24	of	of	ADP
fbem-21415	31	25	banking	bank	VERB
fbem-21415	31	26	113	113	NUM
fbem-21415	31	27	competition	competition	NOUN
fbem-21415	31	28	on	on	ADP
fbem-21415	31	29	improving	improve	VERB
fbem-21415	31	30	corporate	corporate	ADJ
fbem-21415	31	31	capital	capital	NOUN
fbem-21415	31	32	labor	labor	NOUN
fbem-21415	31	33	ratio	ratio	NOUN
fbem-21415	31	34	is	be	AUX
fbem-21415	31	35	more	more	ADV
fbem-21415	31	36	significant	significant	ADJ
fbem-21415	31	37	in	in	ADP
fbem-21415	31	38	enterprises	enterprise	NOUN
fbem-21415	31	39	with	with	ADP
fbem-21415	31	40	greater	great	ADJ
fbem-21415	31	41	financing	financing	NOUN
fbem-21415	31	42	constraints	constraint	NOUN
fbem-21415	31	43	.	.	PUNCT
fbem-21415	32	1	the	the	DET
fbem-21415	32	2	role	role	NOUN
fbem-21415	32	3	of	of	ADP
fbem-21415	32	4	different	different	ADJ
fbem-21415	32	5	types	type	NOUN
fbem-21415	32	6	of	of	ADP
fbem-21415	32	7	banks	bank	NOUN
fbem-21415	32	8	varies	vary	VERB
fbem-21415	32	9	,	,	PUNCT
fbem-21415	32	10	with	with	ADP
fbem-21415	32	11	urban	urban	ADJ
fbem-21415	32	12	commercial	commercial	ADJ
fbem-21415	32	13	banks	bank	NOUN
fbem-21415	32	14	having	have	VERB
fbem-21415	32	15	the	the	DET
fbem-21415	32	16	greatest	great	ADJ
fbem-21415	32	17	impact	impact	NOUN
fbem-21415	32	18	on	on	ADP
fbem-21415	32	19	corporate	corporate	ADJ
fbem-21415	32	20	capital	capital	NOUN
fbem-21415	32	21	labor	labor	NOUN
fbem-21415	32	22	ratio	ratio	NOUN
fbem-21415	32	23	,	,	PUNCT
fbem-21415	32	24	followed	follow	VERB
fbem-21415	32	25	by	by	ADP
fbem-21415	32	26	joint	joint	ADJ
fbem-21415	32	27	-	-	PUNCT
fbem-21415	32	28	stock	stock	NOUN
fbem-21415	32	29	commercial	commercial	ADJ
fbem-21415	32	30	banks	bank	NOUN
fbem-21415	32	31	,	,	PUNCT
fbem-21415	32	32	and	and	CCONJ
fbem-21415	32	33	state	state	NOUN
fbem-21415	32	34	-	-	PUNCT
fbem-21415	32	35	owned	own	VERB
fbem-21415	32	36	large	large	ADJ
fbem-21415	32	37	commercial	commercial	ADJ
fbem-21415	32	38	banks	bank	NOUN
fbem-21415	32	39	having	have	VERB
fbem-21415	32	40	the	the	DET
fbem-21415	32	41	smallest	small	ADJ
fbem-21415	32	42	impact	impact	NOUN
fbem-21415	32	43	.	.	PUNCT
fbem-21415	33	1	tang	tang	PROPN
fbem-21415	33	2	yu	yu	PROPN
fbem-21415	33	3	et	et	PROPN
fbem-21415	33	4	al	al	PROPN
fbem-21415	33	5	.	.	PUNCT
fbem-21415	34	1	furthermore	furthermore	ADV
fbem-21415	34	2	,	,	PUNCT
fbem-21415	34	3	with	with	SCONJ
fbem-21415	34	4	the	the	DET
fbem-21415	34	5	increase	increase	NOUN
fbem-21415	34	6	in	in	ADP
fbem-21415	34	7	social	social	ADJ
fbem-21415	34	8	insurance	insurance	NOUN
fbem-21415	34	9	contributions	contribution	NOUN
fbem-21415	34	10	,	,	PUNCT
fbem-21415	34	11	per	per	ADP
fbem-21415	34	12	capita	capita	NOUN
fbem-21415	34	13	wages	wage	NOUN
fbem-21415	34	14	will	will	AUX
fbem-21415	34	15	increase	increase	VERB
fbem-21415	34	16	,	,	PUNCT
fbem-21415	34	17	which	which	PRON
fbem-21415	34	18	means	mean	VERB
fbem-21415	34	19	that	that	SCONJ
fbem-21415	34	20	capital	capital	NOUN
fbem-21415	34	21	is	be	AUX
fbem-21415	34	22	more	more	ADV
fbem-21415	34	23	likely	likely	ADJ
fbem-21415	34	24	to	to	PART
fbem-21415	34	25	replace	replace	VERB
fbem-21415	34	26	low	low	ADJ
fbem-21415	34	27	skilled	skilled	ADJ
fbem-21415	34	28	labor	labor	NOUN
fbem-21415	34	29	,	,	PUNCT
fbem-21415	34	30	and	and	CCONJ
fbem-21415	34	31	the	the	DET
fbem-21415	34	32	substitution	substitution	NOUN
fbem-21415	34	33	effect	effect	NOUN
fbem-21415	34	34	is	be	AUX
fbem-21415	34	35	significant	significant	ADJ
fbem-21415	34	36	in	in	ADP
fbem-21415	34	37	labor	labor	NOUN
fbem-21415	34	38	-	-	PUNCT
fbem-21415	34	39	intensive	intensive	ADJ
fbem-21415	34	40	or	or	CCONJ
fbem-21415	34	41	small	small	ADJ
fbem-21415	34	42	-	-	PUNCT
fbem-21415	34	43	scale	scale	NOUN
fbem-21415	34	44	enterprises	enterprise	NOUN
fbem-21415	34	45	.	.	PUNCT
fbem-21415	35	1	wang	wang	PROPN
fbem-21415	35	2	wenchun	wenchun	PROPN
fbem-21415	35	3	et	et	PROPN
fbem-21415	35	4	al	al	PROPN
fbem-21415	35	5	.	.	PROPN
fbem-21415	35	6	(	(	PUNCT
fbem-21415	35	7	2022	2022	NUM
fbem-21415	35	8	)	)	PUNCT
fbem-21415	35	9	argued	argue	VERB
fbem-21415	35	10	from	from	ADP
fbem-21415	35	11	the	the	DET
fbem-21415	35	12	perspective	perspective	NOUN
fbem-21415	35	13	of	of	ADP
fbem-21415	35	14	increasing	increase	VERB
fbem-21415	35	15	the	the	DET
fbem-21415	35	16	minimum	minimum	ADJ
fbem-21415	35	17	wage	wage	NOUN
fbem-21415	35	18	standard	standard	NOUN
fbem-21415	35	19	that	that	SCONJ
fbem-21415	35	20	it	it	PRON
fbem-21415	35	21	has	have	VERB
fbem-21415	35	22	a	a	DET
fbem-21415	35	23	significant	significant	ADJ
fbem-21415	35	24	positive	positive	ADJ
fbem-21415	35	25	impact	impact	NOUN
fbem-21415	35	26	on	on	ADP
fbem-21415	35	27	the	the	DET
fbem-21415	35	28	capital	capital	NOUN
fbem-21415	35	29	labor	labor	NOUN
fbem-21415	35	30	ratio	ratio	NOUN
fbem-21415	35	31	of	of	ADP
fbem-21415	35	32	manufacturing	manufacturing	NOUN
fbem-21415	35	33	enterprises	enterprise	NOUN
fbem-21415	35	34	.	.	PUNCT
fbem-21415	36	1	raising	raise	VERB
fbem-21415	36	2	the	the	DET
fbem-21415	36	3	minimum	minimum	ADJ
fbem-21415	36	4	wage	wage	NOUN
fbem-21415	36	5	standard	standard	NOUN
fbem-21415	36	6	will	will	AUX
fbem-21415	36	7	increase	increase	VERB
fbem-21415	36	8	capital	capital	NOUN
fbem-21415	36	9	investment	investment	NOUN
fbem-21415	36	10	and	and	CCONJ
fbem-21415	36	11	reduce	reduce	VERB
fbem-21415	36	12	labor	labor	NOUN
fbem-21415	36	13	employment	employment	NOUN
fbem-21415	36	14	in	in	ADP
fbem-21415	36	15	enterprises	enterprise	NOUN
fbem-21415	36	16	.	.	PUNCT
fbem-21415	37	1	the	the	DET
fbem-21415	37	2	impact	impact	NOUN
fbem-21415	37	3	of	of	ADP
fbem-21415	37	4	raising	raise	VERB
fbem-21415	37	5	the	the	DET
fbem-21415	37	6	minimum	minimum	NOUN
fbem-21415	37	7	wage	wage	NOUN
fbem-21415	37	8	standard	standard	NOUN
fbem-21415	37	9	on	on	ADP
fbem-21415	37	10	the	the	DET
fbem-21415	37	11	capital	capital	NOUN
fbem-21415	37	12	labor	labor	NOUN
fbem-21415	37	13	ratio	ratio	NOUN
fbem-21415	37	14	of	of	ADP
fbem-21415	37	15	enterprises	enterprise	NOUN
fbem-21415	37	16	is	be	AUX
fbem-21415	37	17	mainly	mainly	ADV
fbem-21415	37	18	concentrated	concentrate	VERB
fbem-21415	37	19	in	in	ADP
fbem-21415	37	20	non	non	ADJ
fbem-21415	37	21	-	-	ADJ
fbem-21415	37	22	state	state	NOUN
fbem-21415	37	23	-	-	PUNCT
fbem-21415	37	24	owned	own	VERB
fbem-21415	37	25	enterprises	enterprise	NOUN
fbem-21415	37	26	,	,	PUNCT
fbem-21415	37	27	lower	low	ADJ
fbem-21415	37	28	wage	wage	NOUN
fbem-21415	37	29	enterprises	enterprise	NOUN
fbem-21415	37	30	,	,	PUNCT
fbem-21415	37	31	and	and	CCONJ
fbem-21415	37	32	labor	labor	NOUN
fbem-21415	37	33	-	-	PUNCT
fbem-21415	37	34	intensive	intensive	ADJ
fbem-21415	37	35	enterprises	enterprise	NOUN
fbem-21415	37	36	.	.	PUNCT
fbem-21415	38	1	2	2	X
fbem-21415	38	2	.	.	X
fbem-21415	38	3	research	research	NOUN
fbem-21415	38	4	hypotheses	hypothesis	NOUN
fbem-21415	38	5	in	in	ADP
fbem-21415	38	6	summary	summary	NOUN
fbem-21415	38	7	,	,	PUNCT
fbem-21415	38	8	there	there	PRON
fbem-21415	38	9	is	be	VERB
fbem-21415	38	10	still	still	ADV
fbem-21415	38	11	room	room	NOUN
fbem-21415	38	12	for	for	ADP
fbem-21415	38	13	expansion	expansion	NOUN
fbem-21415	38	14	in	in	ADP
fbem-21415	38	15	existing	exist	VERB
fbem-21415	38	16	literature	literature	NOUN
fbem-21415	38	17	on	on	ADP
fbem-21415	38	18	the	the	DET
fbem-21415	38	19	impact	impact	NOUN
fbem-21415	38	20	of	of	ADP
fbem-21415	38	21	digital	digital	ADJ
fbem-21415	38	22	transformation	transformation	NOUN
fbem-21415	38	23	on	on	ADP
fbem-21415	38	24	the	the	DET
fbem-21415	38	25	capital	capital	NOUN
fbem-21415	38	26	labor	labor	NOUN
fbem-21415	38	27	ratio	ratio	NOUN
fbem-21415	38	28	of	of	ADP
fbem-21415	38	29	enterprises	enterprise	NOUN
fbem-21415	38	30	.	.	PUNCT
fbem-21415	39	1	the	the	DET
fbem-21415	39	2	existing	exist	VERB
fbem-21415	39	3	literature	literature	NOUN
fbem-21415	39	4	mainly	mainly	ADV
fbem-21415	39	5	analyzes	analyze	VERB
fbem-21415	39	6	and	and	CCONJ
fbem-21415	39	7	argues	argue	VERB
fbem-21415	39	8	for	for	ADP
fbem-21415	39	9	digital	digital	ADJ
fbem-21415	39	10	transformation	transformation	NOUN
fbem-21415	39	11	on	on	ADP
fbem-21415	39	12	a	a	DET
fbem-21415	39	13	single	single	ADJ
fbem-21415	39	14	capital	capital	NOUN
fbem-21415	39	15	or	or	CCONJ
fbem-21415	39	16	labor	labor	NOUN
fbem-21415	39	17	,	,	PUNCT
fbem-21415	39	18	and	and	CCONJ
fbem-21415	39	19	there	there	PRON
fbem-21415	39	20	is	be	VERB
fbem-21415	39	21	not	not	PART
fbem-21415	39	22	much	much	ADJ
fbem-21415	39	23	analysis	analysis	NOUN
fbem-21415	39	24	on	on	ADP
fbem-21415	39	25	the	the	DET
fbem-21415	39	26	overall	overall	ADJ
fbem-21415	39	27	capital	capital	NOUN
fbem-21415	39	28	labor	labor	NOUN
fbem-21415	39	29	ratio	ratio	NOUN
fbem-21415	39	30	of	of	ADP
fbem-21415	39	31	enterprises	enterprise	NOUN
fbem-21415	39	32	.	.	PUNCT
fbem-21415	40	1	in	in	ADP
fbem-21415	40	2	the	the	DET
fbem-21415	40	3	context	context	NOUN
fbem-21415	40	4	of	of	ADP
fbem-21415	40	5	the	the	DET
fbem-21415	40	6	digital	digital	ADJ
fbem-21415	40	7	economy	economy	NOUN
fbem-21415	40	8	,	,	PUNCT
fbem-21415	40	9	further	further	ADJ
fbem-21415	40	10	innovation	innovation	NOUN
fbem-21415	40	11	and	and	CCONJ
fbem-21415	40	12	exploration	exploration	NOUN
fbem-21415	40	13	are	be	AUX
fbem-21415	40	14	needed	need	VERB
fbem-21415	40	15	for	for	ADP
fbem-21415	40	16	the	the	DET
fbem-21415	40	17	capital	capital	NOUN
fbem-21415	40	18	and	and	CCONJ
fbem-21415	40	19	labor	labor	NOUN
fbem-21415	40	20	input	input	NOUN
fbem-21415	40	21	ratio	ratio	NOUN
fbem-21415	40	22	of	of	ADP
fbem-21415	40	23	enterprises	enterprise	NOUN
fbem-21415	40	24	.	.	PUNCT
fbem-21415	41	1	therefore	therefore	ADV
fbem-21415	41	2	,	,	PUNCT
fbem-21415	41	3	this	this	DET
fbem-21415	41	4	article	article	NOUN
fbem-21415	41	5	proposes	propose	VERB
fbem-21415	41	6	relevant	relevant	ADJ
fbem-21415	41	7	research	research	NOUN
fbem-21415	41	8	hypotheses	hypothesis	NOUN
fbem-21415	41	9	,	,	PUNCT
fbem-21415	41	10	h1a	h1a	NOUN
fbem-21415	41	11	:	:	PUNCT
fbem-21415	41	12	digital	digital	ADJ
fbem-21415	41	13	transformation	transformation	NOUN
fbem-21415	41	14	has	have	VERB
fbem-21415	41	15	a	a	DET
fbem-21415	41	16	significant	significant	ADJ
fbem-21415	41	17	impact	impact	NOUN
fbem-21415	41	18	on	on	ADP
fbem-21415	41	19	the	the	DET
fbem-21415	41	20	capital	capital	NOUN
fbem-21415	41	21	labor	labor	NOUN
fbem-21415	41	22	ratio	ratio	NOUN
fbem-21415	41	23	of	of	ADP
fbem-21415	41	24	enterprises	enterprise	NOUN
fbem-21415	41	25	.	.	PUNCT
fbem-21415	42	1	h1b	h1b	PROPN
fbem-21415	42	2	:	:	PUNCT
fbem-21415	42	3	digital	digital	ADJ
fbem-21415	42	4	transformation	transformation	NOUN
fbem-21415	42	5	has	have	VERB
fbem-21415	42	6	no	no	DET
fbem-21415	42	7	significant	significant	ADJ
fbem-21415	42	8	impact	impact	NOUN
fbem-21415	42	9	on	on	ADP
fbem-21415	42	10	the	the	DET
fbem-21415	42	11	capital	capital	NOUN
fbem-21415	42	12	labor	labor	NOUN
fbem-21415	42	13	ratio	ratio	NOUN
fbem-21415	42	14	of	of	ADP
fbem-21415	42	15	enterprises	enterprise	NOUN
fbem-21415	42	16	.	.	PUNCT
fbem-21415	43	1	3	3	X
fbem-21415	43	2	.	.	X
fbem-21415	43	3	research	research	NOUN
fbem-21415	43	4	design	design	PROPN
fbem-21415	43	5	3.1	3.1	NUM
fbem-21415	43	6	.	.	PUNCT
fbem-21415	44	1	data	datum	NOUN
fbem-21415	44	2	sources	source	NOUN
fbem-21415	44	3	and	and	CCONJ
fbem-21415	44	4	research	research	NOUN
fbem-21415	44	5	methods	method	NOUN
fbem-21415	44	6	this	this	DET
fbem-21415	44	7	study	study	NOUN
fbem-21415	44	8	selected	select	VERB
fbem-21415	44	9	a	a	DET
fbem-21415	44	10	-	-	PUNCT
fbem-21415	44	11	share	share	NOUN
fbem-21415	44	12	listed	list	VERB
fbem-21415	44	13	companies	company	NOUN
fbem-21415	44	14	from	from	ADP
fbem-21415	44	15	the	the	DET
fbem-21415	44	16	past	past	ADJ
fbem-21415	44	17	decade	decade	NOUN
fbem-21415	44	18	(	(	PUNCT
fbem-21415	44	19	2010	2010	NUM
fbem-21415	44	20	-	-	SYM
fbem-21415	44	21	2020	2020	NUM
fbem-21415	44	22	)	)	PUNCT
fbem-21415	44	23	as	as	ADP
fbem-21415	44	24	the	the	DET
fbem-21415	44	25	research	research	NOUN
fbem-21415	44	26	sample	sample	NOUN
fbem-21415	44	27	,	,	PUNCT
fbem-21415	44	28	excluding	exclude	VERB
fbem-21415	44	29	financial	financial	ADJ
fbem-21415	44	30	industry	industry	NOUN
fbem-21415	44	31	enterprises	enterprise	NOUN
fbem-21415	44	32	and	and	CCONJ
fbem-21415	44	33	missing	miss	VERB
fbem-21415	44	34	variable	variable	ADJ
fbem-21415	44	35	samples	sample	NOUN
fbem-21415	44	36	to	to	PART
fbem-21415	44	37	obtain	obtain	VERB
fbem-21415	44	38	the	the	DET
fbem-21415	44	39	final	final	ADJ
fbem-21415	44	40	data	datum	NOUN
fbem-21415	44	41	sample	sample	NOUN
fbem-21415	44	42	.	.	PUNCT
fbem-21415	45	1	a	a	DET
fbem-21415	45	2	total	total	NOUN
fbem-21415	45	3	of	of	ADP
fbem-21415	45	4	4049	4049	NUM
fbem-21415	45	5	listed	list	VERB
fbem-21415	45	6	companies	company	NOUN
fbem-21415	45	7	and	and	CCONJ
fbem-21415	45	8	30129	30129	NUM
fbem-21415	45	9	sample	sample	NOUN
fbem-21415	45	10	data	datum	NOUN
fbem-21415	45	11	were	be	AUX
fbem-21415	45	12	obtained	obtain	VERB
fbem-21415	45	13	,	,	PUNCT
fbem-21415	45	14	and	and	CCONJ
fbem-21415	45	15	the	the	DET
fbem-21415	45	16	data	datum	NOUN
fbem-21415	45	17	was	be	AUX
fbem-21415	45	18	sourced	source	VERB
fbem-21415	45	19	from	from	ADP
fbem-21415	45	20	juchao	juchao	PROPN
fbem-21415	45	21	information	information	NOUN
fbem-21415	45	22	network	network	NOUN
fbem-21415	45	23	.	.	PUNCT
fbem-21415	46	1	3.2	3.2	NUM
fbem-21415	46	2	.	.	PUNCT
fbem-21415	46	3	model	model	NOUN
fbem-21415	46	4	design	design	NOUN
fbem-21415	46	5	and	and	CCONJ
fbem-21415	46	6	variable	variable	ADJ
fbem-21415	46	7	definition	definition	NOUN
fbem-21415	46	8	to	to	PART
fbem-21415	46	9	examine	examine	VERB
fbem-21415	46	10	the	the	DET
fbem-21415	46	11	impact	impact	NOUN
fbem-21415	46	12	of	of	ADP
fbem-21415	46	13	digital	digital	ADJ
fbem-21415	46	14	transformation	transformation	NOUN
fbem-21415	46	15	on	on	ADP
fbem-21415	46	16	the	the	DET
fbem-21415	46	17	capital	capital	NOUN
fbem-21415	46	18	to	to	ADP
fbem-21415	46	19	labor	labor	NOUN
fbem-21415	46	20	ratio	ratio	NOUN
fbem-21415	46	21	of	of	ADP
fbem-21415	46	22	enterprises	enterprise	NOUN
fbem-21415	46	23	,	,	PUNCT
fbem-21415	46	24	a	a	DET
fbem-21415	46	25	text	text	NOUN
fbem-21415	46	26	analysis	analysis	NOUN
fbem-21415	46	27	method	method	NOUN
fbem-21415	46	28	based	base	VERB
fbem-21415	46	29	on	on	ADP
fbem-21415	46	30	machine	machine	NOUN
fbem-21415	46	31	learning	learning	NOUN
fbem-21415	46	32	was	be	AUX
fbem-21415	46	33	used	use	VERB
fbem-21415	46	34	to	to	PART
fbem-21415	46	35	calculate	calculate	VERB
fbem-21415	46	36	the	the	DET
fbem-21415	46	37	enterprise	enterprise	NOUN
fbem-21415	46	38	digital	digital	ADJ
fbem-21415	46	39	transformation	transformation	NOUN
fbem-21415	46	40	index	index	NOUN
fbem-21415	46	41	.	.	PUNCT
fbem-21415	47	1	a	a	DET
fbem-21415	47	2	benchmark	benchmark	NOUN
fbem-21415	47	3	model	model	NOUN
fbem-21415	47	4	for	for	ADP
fbem-21415	47	5	digital	digital	ADJ
fbem-21415	47	6	transformation	transformation	NOUN
fbem-21415	47	7	and	and	CCONJ
fbem-21415	47	8	the	the	DET
fbem-21415	47	9	capital	capital	NOUN
fbem-21415	47	10	to	to	ADP
fbem-21415	47	11	labor	labor	NOUN
fbem-21415	47	12	ratio	ratio	NOUN
fbem-21415	47	13	of	of	ADP
fbem-21415	47	14	enterprises	enterprise	NOUN
fbem-21415	47	15	was	be	AUX
fbem-21415	47	16	constructed	construct	VERB
fbem-21415	47	17	to	to	PART
fbem-21415	47	18	study	study	VERB
fbem-21415	47	19	the	the	DET
fbem-21415	47	20	digitalization	digitalization	NOUN
fbem-21415	47	21	level	level	NOUN
fbem-21415	47	22	of	of	ADP
fbem-21415	47	23	different	different	ADJ
fbem-21415	47	24	enterprises	enterprise	NOUN
fbem-21415	47	25	.	.	PUNCT
fbem-21415	48	1	drawing	draw	VERB
fbem-21415	48	2	on	on	ADP
fbem-21415	48	3	the	the	DET
fbem-21415	48	4	research	research	NOUN
fbem-21415	48	5	of	of	ADP
fbem-21415	48	6	kuang	kuang	PROPN
fbem-21415	48	7	yuzhen	yuzhen	PROPN
fbem-21415	48	8	et	et	PROPN
fbem-21415	48	9	al	al	PROPN
fbem-21415	48	10	.	.	PROPN
fbem-21415	49	1	(	(	PUNCT
fbem-21415	49	2	2021	2021	NUM
fbem-21415	49	3	)	)	PUNCT
fbem-21415	49	4	and	and	CCONJ
fbem-21415	49	5	ye	ye	NUM
fbem-21415	49	6	yongwei	yongwei	PROPN
fbem-21415	49	7	et	et	PROPN
fbem-21415	49	8	al	al	PROPN
fbem-21415	49	9	.	.	PROPN
fbem-21415	50	1	(	(	PUNCT
fbem-21415	50	2	2022	2022	NUM
fbem-21415	50	3	)	)	PUNCT
fbem-21415	50	4	,	,	PUNCT
fbem-21415	50	5	the	the	DET
fbem-21415	50	6	following	follow	VERB
fbem-21415	50	7	model	model	NOUN
fbem-21415	50	8	was	be	AUX
fbem-21415	50	9	designed	design	VERB
fbem-21415	50	10	for	for	ADP
fbem-21415	50	11	testing	testing	NOUN
fbem-21415	50	12	:	:	PUNCT
fbem-21415	50	13	𝐶𝐿	𝐶𝐿	INTJ
fbem-21415	50	14	,	,	PUNCT
fbem-21415	50	15	=	=	PUNCT
fbem-21415	51	1	𝛼	𝛼	NOUN
fbem-21415	51	2	𝛼	𝛼	NOUN
fbem-21415	51	3	𝐷𝑖𝑔𝑖𝑡𝑎𝑙	𝐷𝑖𝑔𝑖𝑡𝑎𝑙	PROPN
fbem-21415	51	4	,	,	PUNCT
fbem-21415	51	5	∑𝐶𝑜𝑛𝑡𝑟𝑜𝑙	∑𝐶𝑜𝑛𝑡𝑟𝑜𝑙	PROPN
fbem-21415	51	6	,	,	PUNCT
fbem-21415	51	7	𝛿	𝛿	PROPN
fbem-21415	51	8	𝛾	𝛾	NOUN
fbem-21415	51	9	𝜀	𝜀	NOUN
fbem-21415	51	10	,	,	PUNCT
fbem-21415	51	11	among	among	ADP
fbem-21415	51	12	them	they	PRON
fbem-21415	51	13	,	,	PUNCT
fbem-21415	51	14	the	the	DET
fbem-21415	51	15	dependent	dependent	ADJ
fbem-21415	51	16	variable	variable	NOUN
fbem-21415	51	17	is	be	AUX
fbem-21415	51	18	the	the	DET
fbem-21415	51	19	capital	capital	NOUN
fbem-21415	51	20	labor	labor	NOUN
fbem-21415	51	21	ratio	ratio	NOUN
fbem-21415	51	22	(	(	PUNCT
fbem-21415	51	23	cl	cl	NOUN
fbem-21415	51	24	)	)	PUNCT
fbem-21415	51	25	,	,	PUNCT
fbem-21415	51	26	measured	measure	VERB
fbem-21415	51	27	by	by	ADP
fbem-21415	51	28	the	the	DET
fbem-21415	51	29	ratio	ratio	NOUN
fbem-21415	51	30	of	of	ADP
fbem-21415	51	31	net	net	ADJ
fbem-21415	51	32	fixed	fix	VERB
fbem-21415	51	33	assets	asset	NOUN
fbem-21415	51	34	to	to	ADP
fbem-21415	51	35	the	the	DET
fbem-21415	51	36	number	number	NOUN
fbem-21415	51	37	of	of	ADP
fbem-21415	51	38	employees	employee	NOUN
fbem-21415	51	39	.	.	PUNCT
fbem-21415	52	1	the	the	DET
fbem-21415	52	2	explanatory	explanatory	ADJ
fbem-21415	52	3	variable	variable	NOUN
fbem-21415	52	4	is	be	AUX
fbem-21415	52	5	the	the	DET
fbem-21415	52	6	degree	degree	NOUN
fbem-21415	52	7	of	of	ADP
fbem-21415	52	8	digital	digital	ADJ
fbem-21415	52	9	transformation	transformation	NOUN
fbem-21415	52	10	of	of	ADP
fbem-21415	52	11	the	the	DET
fbem-21415	52	12	enterprise	enterprise	NOUN
fbem-21415	52	13	(	(	PUNCT
fbem-21415	52	14	digital	digital	ADJ
fbem-21415	52	15	)	)	PUNCT
fbem-21415	52	16	.	.	PUNCT
fbem-21415	53	1	this	this	DET
fbem-21415	53	2	article	article	NOUN
fbem-21415	53	3	uses	use	VERB
fbem-21415	53	4	text	text	NOUN
fbem-21415	53	5	analysis	analysis	NOUN
fbem-21415	53	6	to	to	PART
fbem-21415	53	7	measure	measure	VERB
fbem-21415	53	8	the	the	DET
fbem-21415	53	9	degree	degree	NOUN
fbem-21415	53	10	of	of	ADP
fbem-21415	53	11	digital	digital	ADJ
fbem-21415	53	12	transformation	transformation	NOUN
fbem-21415	53	13	of	of	ADP
fbem-21415	53	14	the	the	DET
fbem-21415	53	15	enterprise	enterprise	NOUN
fbem-21415	53	16	based	base	VERB
fbem-21415	53	17	on	on	ADP
fbem-21415	53	18	the	the	DET
fbem-21415	53	19	frequency	frequency	NOUN
fbem-21415	53	20	of	of	ADP
fbem-21415	53	21	digital	digital	ADJ
fbem-21415	53	22	types	type	NOUN
fbem-21415	53	23	in	in	ADP
fbem-21415	53	24	the	the	DET
fbem-21415	53	25	annual	annual	ADJ
fbem-21415	53	26	report	report	NOUN
fbem-21415	53	27	.	.	PUNCT
fbem-21415	54	1	i	i	PRON
fbem-21415	54	2	and	and	CCONJ
fbem-21415	54	3	t	t	PROPN
fbem-21415	54	4	represent	represent	VERB
fbem-21415	54	5	the	the	DET
fbem-21415	54	6	enterprise	enterprise	NOUN
fbem-21415	54	7	and	and	CCONJ
fbem-21415	54	8	year	year	NOUN
fbem-21415	54	9	,	,	PUNCT
fbem-21415	54	10	respectively	respectively	ADV
fbem-21415	54	11	.	.	PUNCT
fbem-21415	55	1	controli	controli	PROPN
fbem-21415	55	2	,	,	PUNCT
fbem-21415	55	3	t	t	PROPN
fbem-21415	55	4	is	be	AUX
fbem-21415	55	5	a	a	DET
fbem-21415	55	6	set	set	NOUN
fbem-21415	55	7	of	of	ADP
fbem-21415	55	8	control	control	NOUN
fbem-21415	55	9	variables	variable	NOUN
fbem-21415	55	10	,	,	PUNCT
fbem-21415	55	11	mainly	mainly	ADV
fbem-21415	55	12	including	include	VERB
fbem-21415	55	13	company	company	NOUN
fbem-21415	55	14	type	type	NOUN
fbem-21415	55	15	(	(	PUNCT
fbem-21415	55	16	type	type	NOUN
fbem-21415	55	17	)	)	PUNCT
fbem-21415	55	18	,	,	PUNCT
fbem-21415	55	19	company	company	NOUN
fbem-21415	55	20	size	size	NOUN
fbem-21415	55	21	(	(	PUNCT
fbem-21415	55	22	size	size	NOUN
fbem-21415	55	23	)	)	PUNCT
fbem-21415	55	24	,	,	PUNCT
fbem-21415	55	25	development	development	NOUN
fbem-21415	55	26	capability	capability	NOUN
fbem-21415	55	27	(	(	PUNCT
fbem-21415	55	28	dc	dc	PROPN
fbem-21415	55	29	)	)	PUNCT
fbem-21415	55	30	,	,	PUNCT
fbem-21415	55	31	etc	etc	X
fbem-21415	55	32	.	.	X
fbem-21415	55	33	δt	δt	PROPN
fbem-21415	55	34	is	be	AUX
fbem-21415	55	35	the	the	DET
fbem-21415	55	36	fixed	fixed	ADJ
fbem-21415	55	37	effect	effect	NOUN
fbem-21415	55	38	of	of	ADP
fbem-21415	55	39	the	the	DET
fbem-21415	55	40	year	year	NOUN
fbem-21415	55	41	,	,	PUNCT
fbem-21415	55	42	γi	γi	X
fbem-21415	55	43	is	be	AUX
fbem-21415	55	44	an	an	DET
fbem-21415	55	45	individual	individual	ADJ
fbem-21415	55	46	fixed	fix	VERB
fbem-21415	55	47	effect	effect	NOUN
fbem-21415	55	48	,	,	PUNCT
fbem-21415	55	49	εi	εi	VERB
fbem-21415	55	50	,	,	PUNCT
fbem-21415	55	51	t	t	PROPN
fbem-21415	55	52	represents	represent	VERB
fbem-21415	55	53	the	the	DET
fbem-21415	55	54	random	random	ADJ
fbem-21415	55	55	error	error	NOUN
fbem-21415	55	56	term	term	NOUN
fbem-21415	55	57	.	.	PUNCT
fbem-21415	56	1	the	the	DET
fbem-21415	56	2	data	datum	NOUN
fbem-21415	56	3	for	for	ADP
fbem-21415	56	4	data	data	NOUN
fbem-21415	56	5	-	-	PUNCT
fbem-21415	56	6	driven	drive	VERB
fbem-21415	56	7	transformation	transformation	NOUN
fbem-21415	56	8	comes	come	VERB
fbem-21415	56	9	from	from	ADP
fbem-21415	56	10	textual	textual	ADJ
fbem-21415	56	11	data	datum	NOUN
fbem-21415	56	12	in	in	ADP
fbem-21415	56	13	the	the	DET
fbem-21415	56	14	annual	annual	ADJ
fbem-21415	56	15	reports	report	NOUN
fbem-21415	56	16	of	of	ADP
fbem-21415	56	17	a	a	DET
fbem-21415	56	18	-	-	PUNCT
fbem-21415	56	19	share	share	NOUN
fbem-21415	56	20	listed	list	VERB
fbem-21415	56	21	companies	company	NOUN
fbem-21415	56	22	in	in	ADP
fbem-21415	56	23	china	china	PROPN
fbem-21415	56	24	,	,	PUNCT
fbem-21415	56	25	while	while	SCONJ
fbem-21415	56	26	other	other	ADJ
fbem-21415	56	27	sample	sample	NOUN
fbem-21415	56	28	data	datum	NOUN
fbem-21415	56	29	comes	come	VERB
fbem-21415	56	30	from	from	ADP
fbem-21415	56	31	the	the	DET
fbem-21415	56	32	csmar	csmar	PROPN
fbem-21415	56	33	database	database	NOUN
fbem-21415	56	34	.	.	PUNCT
fbem-21415	57	1	among	among	ADP
fbem-21415	57	2	them	they	PRON
fbem-21415	57	3	,	,	PUNCT
fbem-21415	57	4	the	the	DET
fbem-21415	57	5	dependent	dependent	ADJ
fbem-21415	57	6	variable	variable	NOUN
fbem-21415	57	7	is	be	AUX
fbem-21415	57	8	the	the	DET
fbem-21415	57	9	capital	capital	NOUN
fbem-21415	57	10	labor	labor	NOUN
fbem-21415	57	11	ratio	ratio	NOUN
fbem-21415	57	12	(	(	PUNCT
fbem-21415	57	13	cl	cl	NOUN
fbem-21415	57	14	)	)	PUNCT
fbem-21415	57	15	,	,	PUNCT
fbem-21415	57	16	measured	measure	VERB
fbem-21415	57	17	by	by	ADP
fbem-21415	57	18	the	the	DET
fbem-21415	57	19	ratio	ratio	NOUN
fbem-21415	57	20	of	of	ADP
fbem-21415	57	21	net	net	ADJ
fbem-21415	57	22	fixed	fix	VERB
fbem-21415	57	23	assets	asset	NOUN
fbem-21415	57	24	to	to	ADP
fbem-21415	57	25	the	the	DET
fbem-21415	57	26	number	number	NOUN
fbem-21415	57	27	of	of	ADP
fbem-21415	57	28	employees	employee	NOUN
fbem-21415	57	29	.	.	PUNCT
fbem-21415	58	1	the	the	DET
fbem-21415	58	2	explanatory	explanatory	ADJ
fbem-21415	58	3	variable	variable	NOUN
fbem-21415	58	4	is	be	AUX
fbem-21415	58	5	the	the	DET
fbem-21415	58	6	degree	degree	NOUN
fbem-21415	58	7	of	of	ADP
fbem-21415	58	8	digital	digital	ADJ
fbem-21415	58	9	transformation	transformation	NOUN
fbem-21415	58	10	of	of	ADP
fbem-21415	58	11	the	the	DET
fbem-21415	58	12	enterprise	enterprise	NOUN
fbem-21415	58	13	(	(	PUNCT
fbem-21415	58	14	digital	digital	ADJ
fbem-21415	58	15	)	)	PUNCT
fbem-21415	58	16	.	.	PUNCT
fbem-21415	59	1	this	this	DET
fbem-21415	59	2	article	article	NOUN
fbem-21415	59	3	uses	use	VERB
fbem-21415	59	4	text	text	NOUN
fbem-21415	59	5	analysis	analysis	NOUN
fbem-21415	59	6	to	to	PART
fbem-21415	59	7	measure	measure	VERB
fbem-21415	59	8	the	the	DET
fbem-21415	59	9	degree	degree	NOUN
fbem-21415	59	10	of	of	ADP
fbem-21415	59	11	digital	digital	ADJ
fbem-21415	59	12	transformation	transformation	NOUN
fbem-21415	59	13	of	of	ADP
fbem-21415	59	14	the	the	DET
fbem-21415	59	15	enterprise	enterprise	NOUN
fbem-21415	59	16	based	base	VERB
fbem-21415	59	17	on	on	ADP
fbem-21415	59	18	the	the	DET
fbem-21415	59	19	frequency	frequency	NOUN
fbem-21415	59	20	of	of	ADP
fbem-21415	59	21	digital	digital	ADJ
fbem-21415	59	22	types	type	NOUN
fbem-21415	59	23	in	in	ADP
fbem-21415	59	24	the	the	DET
fbem-21415	59	25	annual	annual	ADJ
fbem-21415	59	26	report	report	NOUN
fbem-21415	59	27	.	.	PUNCT
fbem-21415	60	1	i	i	PRON
fbem-21415	60	2	and	and	CCONJ
fbem-21415	60	3	t	t	PROPN
fbem-21415	60	4	represent	represent	VERB
fbem-21415	60	5	the	the	DET
fbem-21415	60	6	enterprise	enterprise	NOUN
fbem-21415	60	7	and	and	CCONJ
fbem-21415	60	8	year	year	NOUN
fbem-21415	60	9	,	,	PUNCT
fbem-21415	60	10	respectively	respectively	ADV
fbem-21415	60	11	.	.	PUNCT
fbem-21415	61	1	𝐶𝑜𝑛𝑡𝑟𝑜𝑙	𝐶𝑜𝑛𝑡𝑟𝑜𝑙	PROPN
fbem-21415	61	2	,	,	PUNCT
fbem-21415	61	3	is	be	AUX
fbem-21415	61	4	a	a	DET
fbem-21415	61	5	set	set	NOUN
fbem-21415	61	6	of	of	ADP
fbem-21415	61	7	control	control	NOUN
fbem-21415	61	8	variables	variable	NOUN
fbem-21415	61	9	,	,	PUNCT
fbem-21415	61	10	mainly	mainly	ADV
fbem-21415	61	11	including	include	VERB
fbem-21415	61	12	company	company	NOUN
fbem-21415	61	13	type	type	NOUN
fbem-21415	61	14	(	(	PUNCT
fbem-21415	61	15	type	type	NOUN
fbem-21415	61	16	)	)	PUNCT
fbem-21415	61	17	,	,	PUNCT
fbem-21415	61	18	company	company	NOUN
fbem-21415	61	19	size	size	NOUN
fbem-21415	61	20	(	(	PUNCT
fbem-21415	61	21	size	size	NOUN
fbem-21415	61	22	)	)	PUNCT
fbem-21415	61	23	,	,	PUNCT
fbem-21415	61	24	development	development	NOUN
fbem-21415	61	25	capability	capability	NOUN
fbem-21415	61	26	(	(	PUNCT
fbem-21415	61	27	dc	dc	PROPN
fbem-21415	61	28	)	)	PUNCT
fbem-21415	61	29	,	,	PUNCT
fbem-21415	61	30	etc	etc	X
fbem-21415	61	31	.	.	X
fbem-21415	61	32	δt	δt	PROPN
fbem-21415	61	33	is	be	AUX
fbem-21415	61	34	the	the	DET
fbem-21415	61	35	fixed	fixed	ADJ
fbem-21415	61	36	effect	effect	NOUN
fbem-21415	61	37	of	of	ADP
fbem-21415	61	38	the	the	DET
fbem-21415	61	39	year	year	NOUN
fbem-21415	61	40	,	,	PUNCT
fbem-21415	61	41	γi	γi	X
fbem-21415	61	42	is	be	AUX
fbem-21415	61	43	an	an	DET
fbem-21415	61	44	individual	individual	ADJ
fbem-21415	61	45	fixed	fix	VERB
fbem-21415	61	46	effect	effect	NOUN
fbem-21415	61	47	,	,	PUNCT
fbem-21415	61	48	εi	εi	VERB
fbem-21415	61	49	,	,	PUNCT
fbem-21415	61	50	t	t	PROPN
fbem-21415	61	51	represents	represent	VERB
fbem-21415	61	52	the	the	DET
fbem-21415	61	53	random	random	ADJ
fbem-21415	61	54	error	error	NOUN
fbem-21415	61	55	term	term	NOUN
fbem-21415	61	56	.	.	PUNCT
fbem-21415	62	1	the	the	DET
fbem-21415	62	2	data	datum	NOUN
fbem-21415	62	3	for	for	ADP
fbem-21415	62	4	data	data	NOUN
fbem-21415	62	5	-	-	PUNCT
fbem-21415	62	6	driven	drive	VERB
fbem-21415	62	7	transformation	transformation	NOUN
fbem-21415	62	8	comes	come	VERB
fbem-21415	62	9	from	from	ADP
fbem-21415	62	10	textual	textual	ADJ
fbem-21415	62	11	data	datum	NOUN
fbem-21415	62	12	in	in	ADP
fbem-21415	62	13	the	the	DET
fbem-21415	62	14	annual	annual	ADJ
fbem-21415	62	15	reports	report	NOUN
fbem-21415	62	16	of	of	ADP
fbem-21415	62	17	a	a	DET
fbem-21415	62	18	-	-	PUNCT
fbem-21415	62	19	share	share	NOUN
fbem-21415	62	20	listed	list	VERB
fbem-21415	62	21	companies	company	NOUN
fbem-21415	62	22	in	in	ADP
fbem-21415	62	23	china	china	PROPN
fbem-21415	62	24	,	,	PUNCT
fbem-21415	62	25	while	while	SCONJ
fbem-21415	62	26	other	other	ADJ
fbem-21415	62	27	sample	sample	NOUN
fbem-21415	62	28	data	datum	NOUN
fbem-21415	62	29	comes	come	VERB
fbem-21415	62	30	from	from	ADP
fbem-21415	62	31	the	the	DET
fbem-21415	62	32	csmar	csmar	PROPN
fbem-21415	62	33	database	database	NOUN
fbem-21415	62	34	.	.	PUNCT
fbem-21415	63	1	4	4	X
fbem-21415	63	2	.	.	NOUN
fbem-21415	63	3	empirical	empirical	ADJ
fbem-21415	63	4	results	result	NOUN
fbem-21415	63	5	and	and	CCONJ
fbem-21415	63	6	analysis	analysis	NOUN
fbem-21415	63	7	4.1	4.1	NUM
fbem-21415	63	8	.	.	PUNCT
fbem-21415	64	1	descriptive	descriptive	ADJ
fbem-21415	64	2	statistical	statistical	ADJ
fbem-21415	64	3	results	result	NOUN
fbem-21415	64	4	table	table	NOUN
fbem-21415	64	5	1	1	NUM
fbem-21415	64	6	.	.	PUNCT
fbem-21415	64	7	descriptive	descriptive	ADJ
fbem-21415	64	8	statistical	statistical	ADJ
fbem-21415	64	9	results	result	NOUN
fbem-21415	64	10	variable	variable	ADJ
fbem-21415	64	11	sample	sample	NOUN
fbem-21415	64	12	size	size	NOUN
fbem-21415	64	13	mean	mean	NOUN
fbem-21415	64	14	sd	sd	ADP
fbem-21415	64	15	max	max	PROPN
fbem-21415	64	16	min	min	PROPN
fbem-21415	64	17	cl	cl	PROPN
fbem-21415	64	18	30129	30129	NUM
fbem-21415	64	19	0.610	0.610	NUM
fbem-21415	64	20	1.057	1.057	NUM
fbem-21415	64	21	8.870	8.870	NUM
fbem-21415	64	22	0.010	0.010	NUM
fbem-21415	64	23	digital	digital	PROPN
fbem-21415	64	24	30129	30129	NUM
fbem-21415	64	25	0.110	0.110	NUM
fbem-21415	64	26	0.050	0.050	NUM
fbem-21415	64	27	0.280	0.280	NUM
fbem-21415	64	28	0.040	0.040	NUM
fbem-21415	64	29	the	the	DET
fbem-21415	64	30	above	above	ADJ
fbem-21415	64	31	table	table	NOUN
fbem-21415	64	32	presents	present	VERB
fbem-21415	64	33	the	the	DET
fbem-21415	64	34	descriptive	descriptive	ADJ
fbem-21415	64	35	statistics	statistic	NOUN
fbem-21415	64	36	of	of	ADP
fbem-21415	64	37	the	the	DET
fbem-21415	64	38	main	main	ADJ
fbem-21415	64	39	variables	variable	NOUN
fbem-21415	64	40	,	,	PUNCT
fbem-21415	64	41	where	where	SCONJ
fbem-21415	64	42	the	the	DET
fbem-21415	64	43	mean	mean	ADJ
fbem-21415	64	44	and	and	CCONJ
fbem-21415	64	45	standard	standard	ADJ
fbem-21415	64	46	deviation	deviation	NOUN
fbem-21415	64	47	of	of	ADP
fbem-21415	64	48	the	the	DET
fbem-21415	64	49	capital	capital	NOUN
fbem-21415	64	50	labor	labor	NOUN
fbem-21415	64	51	ratio	ratio	NOUN
fbem-21415	64	52	(	(	PUNCT
fbem-21415	64	53	cl	cl	NOUN
fbem-21415	64	54	)	)	PUNCT
fbem-21415	64	55	are	be	AUX
fbem-21415	64	56	0.61	0.61	NUM
fbem-21415	64	57	and	and	CCONJ
fbem-21415	64	58	0.11	0.11	NUM
fbem-21415	64	59	,	,	PUNCT
fbem-21415	64	60	respectively	respectively	ADV
fbem-21415	64	61	,	,	PUNCT
fbem-21415	64	62	with	with	ADP
fbem-21415	64	63	a	a	DET
fbem-21415	64	64	minimum	minimum	ADJ
fbem-21415	64	65	value	value	NOUN
fbem-21415	64	66	of	of	ADP
fbem-21415	64	67	0.01	0.01	NUM
fbem-21415	64	68	and	and	CCONJ
fbem-21415	64	69	a	a	DET
fbem-21415	64	70	maximum	maximum	ADJ
fbem-21415	64	71	value	value	NOUN
fbem-21415	64	72	of	of	ADP
fbem-21415	64	73	8.87	8.87	NUM
fbem-21415	64	74	.	.	PUNCT
fbem-21415	65	1	this	this	PRON
fbem-21415	65	2	indicates	indicate	VERB
fbem-21415	65	3	that	that	SCONJ
fbem-21415	65	4	there	there	PRON
fbem-21415	65	5	is	be	VERB
fbem-21415	65	6	a	a	DET
fbem-21415	65	7	significant	significant	ADJ
fbem-21415	65	8	difference	difference	NOUN
fbem-21415	65	9	in	in	ADP
fbem-21415	65	10	the	the	DET
fbem-21415	65	11	capital	capital	NOUN
fbem-21415	65	12	labor	labor	NOUN
fbem-21415	65	13	ratio	ratio	NOUN
fbem-21415	65	14	among	among	ADP
fbem-21415	65	15	different	different	ADJ
fbem-21415	65	16	enterprises	enterprise	NOUN
fbem-21415	65	17	.	.	PUNCT
fbem-21415	66	1	the	the	DET
fbem-21415	66	2	mean	mean	ADJ
fbem-21415	66	3	and	and	CCONJ
fbem-21415	66	4	standard	standard	ADJ
fbem-21415	66	5	deviation	deviation	NOUN
fbem-21415	66	6	of	of	ADP
fbem-21415	66	7	the	the	DET
fbem-21415	66	8	degree	degree	NOUN
fbem-21415	66	9	of	of	ADP
fbem-21415	66	10	digitalization	digitalization	NOUN
fbem-21415	66	11	are	be	AUX
fbem-21415	66	12	0.11	0.11	NUM
fbem-21415	66	13	and	and	CCONJ
fbem-21415	66	14	0.05	0.05	NUM
fbem-21415	66	15	,	,	PUNCT
fbem-21415	66	16	respectively	respectively	ADV
fbem-21415	66	17	,	,	PUNCT
fbem-21415	66	18	with	with	ADP
fbem-21415	66	19	a	a	DET
fbem-21415	66	20	minimum	minimum	ADJ
fbem-21415	66	21	value	value	NOUN
fbem-21415	66	22	of	of	ADP
fbem-21415	66	23	0.04	0.04	NUM
fbem-21415	66	24	and	and	CCONJ
fbem-21415	66	25	a	a	DET
fbem-21415	66	26	maximum	maximum	ADJ
fbem-21415	66	27	value	value	NOUN
fbem-21415	66	28	of	of	ADP
fbem-21415	66	29	0.28	0.28	NUM
fbem-21415	66	30	,	,	PUNCT
fbem-21415	66	31	indicating	indicate	VERB
fbem-21415	66	32	significant	significant	ADJ
fbem-21415	66	33	differences	difference	NOUN
fbem-21415	66	34	in	in	ADP
fbem-21415	66	35	the	the	DET
fbem-21415	66	36	degree	degree	NOUN
fbem-21415	66	37	of	of	ADP
fbem-21415	66	38	digital	digital	ADJ
fbem-21415	66	39	transformation	transformation	NOUN
fbem-21415	66	40	among	among	ADP
fbem-21415	66	41	different	different	ADJ
fbem-21415	66	42	enterprises	enterprise	NOUN
fbem-21415	66	43	.	.	PUNCT
fbem-21415	67	1	114	114	NUM
fbem-21415	67	2	table	table	NOUN
fbem-21415	67	3	2	2	NUM
fbem-21415	67	4	.	.	PUNCT
fbem-21415	67	5	multiple	multiple	ADJ
fbem-21415	67	6	regression	regression	NOUN
fbem-21415	67	7	analysis	analysis	NOUN
fbem-21415	67	8	results	result	VERB
fbem-21415	67	9	variable	variable	ADJ
fbem-21415	67	10	coefficient	coefficient	NOUN
fbem-21415	67	11	error	error	NOUN
fbem-21415	67	12	t	t	NOUN
fbem-21415	67	13	-	-	PUNCT
fbem-21415	67	14	value	value	NOUN
fbem-21415	67	15	significance	significance	NOUN
fbem-21415	67	16	digital	digital	ADJ
fbem-21415	67	17	0.500	0.500	NUM
fbem-21415	67	18	0.006	0.006	NUM
fbem-21415	67	19	6.257	6.257	NUM
fbem-21415	67	20	0.0001	0.0001	NUM
fbem-21415	67	21	type	type	NOUN
fbem-21415	67	22	0.389	0.389	NUM
fbem-21415	67	23	6.376	6.376	NUM
fbem-21415	67	24	0.0001	0.0001	NUM
fbem-21415	67	25	siza	siza	NOUN
fbem-21415	67	26	0.332	0.332	NUM
fbem-21415	67	27	3.267	3.267	NUM
fbem-21415	67	28	0.0002	0.0002	NUM
fbem-21415	67	29	dc	dc	PROPN
fbem-21415	67	30	0.002	0.002	NUM
fbem-21415	67	31	13.667	13.667	NUM
fbem-21415	67	32	0.0001	0.0001	NUM
fbem-21415	67	33	4.2	4.2	NUM
fbem-21415	67	34	.	.	PUNCT
fbem-21415	68	1	regression	regression	VERB
fbem-21415	68	2	analysis	analysis	NOUN
fbem-21415	68	3	according	accord	VERB
fbem-21415	68	4	to	to	ADP
fbem-21415	68	5	the	the	DET
fbem-21415	68	6	regression	regression	NOUN
fbem-21415	68	7	analysis	analysis	NOUN
fbem-21415	68	8	results	result	NOUN
fbem-21415	68	9	,	,	PUNCT
fbem-21415	68	10	it	it	PRON
fbem-21415	68	11	can	can	AUX
fbem-21415	68	12	be	be	AUX
fbem-21415	68	13	seen	see	VERB
fbem-21415	68	14	that	that	SCONJ
fbem-21415	68	15	the	the	DET
fbem-21415	68	16	capital	capital	NOUN
fbem-21415	68	17	labor	labor	NOUN
fbem-21415	68	18	of	of	ADP
fbem-21415	68	19	enterprises	enterprise	NOUN
fbem-21415	68	20	is	be	AUX
fbem-21415	68	21	greatly	greatly	ADV
fbem-21415	68	22	affected	affect	VERB
fbem-21415	68	23	by	by	ADP
fbem-21415	68	24	their	their	PRON
fbem-21415	68	25	digital	digital	ADJ
fbem-21415	68	26	transformation	transformation	NOUN
fbem-21415	68	27	.	.	PUNCT
fbem-21415	69	1	the	the	PRON
fbem-21415	69	2	higher	high	ADJ
fbem-21415	69	3	the	the	DET
fbem-21415	69	4	degree	degree	NOUN
fbem-21415	69	5	of	of	ADP
fbem-21415	69	6	digital	digital	ADJ
fbem-21415	69	7	transformation	transformation	NOUN
fbem-21415	69	8	,	,	PUNCT
fbem-21415	69	9	the	the	PRON
fbem-21415	69	10	lower	low	ADJ
fbem-21415	69	11	the	the	DET
fbem-21415	69	12	capital	capital	NOUN
fbem-21415	69	13	labor	labor	NOUN
fbem-21415	69	14	ratio	ratio	NOUN
fbem-21415	69	15	of	of	ADP
fbem-21415	69	16	enterprises	enterprise	NOUN
fbem-21415	69	17	.	.	PUNCT
fbem-21415	70	1	the	the	DET
fbem-21415	70	2	coefficient	coefficient	NOUN
fbem-21415	70	3	of	of	ADP
fbem-21415	70	4	digital	digital	ADJ
fbem-21415	70	5	performance	performance	NOUN
fbem-21415	70	6	is	be	AUX
fbem-21415	70	7	0.5	0.5	NUM
fbem-21415	70	8	,	,	PUNCT
fbem-21415	70	9	indicating	indicate	VERB
fbem-21415	70	10	that	that	SCONJ
fbem-21415	70	11	if	if	SCONJ
fbem-21415	70	12	the	the	DET
fbem-21415	70	13	degree	degree	NOUN
fbem-21415	70	14	of	of	ADP
fbem-21415	70	15	digital	digital	ADJ
fbem-21415	70	16	transformation	transformation	NOUN
fbem-21415	70	17	does	do	AUX
fbem-21415	70	18	not	not	PART
fbem-21415	70	19	increase	increase	VERB
fbem-21415	70	20	by	by	ADP
fbem-21415	70	21	one	one	NUM
fbem-21415	70	22	unit	unit	NOUN
fbem-21415	70	23	,	,	PUNCT
fbem-21415	70	24	the	the	DET
fbem-21415	70	25	capital	capital	NOUN
fbem-21415	70	26	labor	labor	NOUN
fbem-21415	70	27	ratio	ratio	NOUN
fbem-21415	70	28	of	of	ADP
fbem-21415	70	29	the	the	DET
fbem-21415	70	30	enterprise	enterprise	NOUN
fbem-21415	70	31	will	will	AUX
fbem-21415	70	32	correspondingly	correspondingly	ADV
fbem-21415	70	33	increase	increase	VERB
fbem-21415	70	34	.	.	PUNCT
fbem-21415	71	1	through	through	ADP
fbem-21415	71	2	the	the	DET
fbem-21415	71	3	significance	significance	NOUN
fbem-21415	71	4	test	test	NOUN
fbem-21415	71	5	of	of	ADP
fbem-21415	71	6	the	the	DET
fbem-21415	71	7	control	control	NOUN
fbem-21415	71	8	variable	variable	PROPN
fbem-21415	71	9	t	t	PROPN
fbem-21415	71	10	-	-	PUNCT
fbem-21415	71	11	value	value	NOUN
fbem-21415	71	12	,	,	PUNCT
fbem-21415	71	13	the	the	DET
fbem-21415	71	14	significance	significance	NOUN
fbem-21415	71	15	level	level	NOUN
fbem-21415	71	16	is	be	AUX
fbem-21415	71	17	high	high	ADJ
fbem-21415	71	18	,	,	PUNCT
fbem-21415	71	19	indicating	indicate	VERB
fbem-21415	71	20	that	that	SCONJ
fbem-21415	71	21	the	the	DET
fbem-21415	71	22	capital	capital	NOUN
fbem-21415	71	23	labor	labor	NOUN
fbem-21415	71	24	ratio	ratio	NOUN
fbem-21415	71	25	of	of	ADP
fbem-21415	71	26	enterprises	enterprise	NOUN
fbem-21415	71	27	is	be	AUX
fbem-21415	71	28	greatly	greatly	ADV
fbem-21415	71	29	influenced	influence	VERB
fbem-21415	71	30	by	by	ADP
fbem-21415	71	31	the	the	DET
fbem-21415	71	32	type	type	NOUN
fbem-21415	71	33	,	,	PUNCT
fbem-21415	71	34	scale	scale	NOUN
fbem-21415	71	35	,	,	PUNCT
fbem-21415	71	36	and	and	CCONJ
fbem-21415	71	37	development	development	NOUN
fbem-21415	71	38	ability	ability	NOUN
fbem-21415	71	39	of	of	ADP
fbem-21415	71	40	the	the	DET
fbem-21415	71	41	enterprise	enterprise	NOUN
fbem-21415	71	42	.	.	PUNCT
fbem-21415	72	1	on	on	ADP
fbem-21415	72	2	the	the	DET
fbem-21415	72	3	other	other	ADJ
fbem-21415	72	4	hand	hand	NOUN
fbem-21415	72	5	,	,	PUNCT
fbem-21415	72	6	the	the	DET
fbem-21415	72	7	factors	factor	NOUN
fbem-21415	72	8	influencing	influence	VERB
fbem-21415	72	9	the	the	DET
fbem-21415	72	10	capital	capital	NOUN
fbem-21415	72	11	labor	labor	NOUN
fbem-21415	72	12	ratio	ratio	NOUN
fbem-21415	72	13	of	of	ADP
fbem-21415	72	14	enterprises	enterprise	NOUN
fbem-21415	72	15	are	be	AUX
fbem-21415	72	16	multifaceted	multifaceted	ADJ
fbem-21415	72	17	.	.	PUNCT
fbem-21415	73	1	firstly	firstly	ADV
fbem-21415	73	2	,	,	PUNCT
fbem-21415	73	3	there	there	PRON
fbem-21415	73	4	is	be	VERB
fbem-21415	73	5	a	a	DET
fbem-21415	73	6	difference	difference	NOUN
fbem-21415	73	7	in	in	ADP
fbem-21415	73	8	the	the	DET
fbem-21415	73	9	intensity	intensity	NOUN
fbem-21415	73	10	of	of	ADP
fbem-21415	73	11	enterprise	enterprise	NOUN
fbem-21415	73	12	factors	factor	NOUN
fbem-21415	73	13	.	.	PUNCT
fbem-21415	74	1	generally	generally	ADV
fbem-21415	74	2	speaking	speak	VERB
fbem-21415	74	3	,	,	PUNCT
fbem-21415	74	4	labor	labor	NOUN
fbem-21415	74	5	-	-	PUNCT
fbem-21415	74	6	intensive	intensive	ADJ
fbem-21415	74	7	enterprises	enterprise	NOUN
fbem-21415	74	8	have	have	VERB
fbem-21415	74	9	a	a	DET
fbem-21415	74	10	higher	high	ADJ
fbem-21415	74	11	proportion	proportion	NOUN
fbem-21415	74	12	of	of	ADP
fbem-21415	74	13	labor	labor	NOUN
fbem-21415	74	14	costs	cost	NOUN
fbem-21415	74	15	in	in	ADP
fbem-21415	74	16	total	total	ADJ
fbem-21415	74	17	costs	cost	NOUN
fbem-21415	74	18	,	,	PUNCT
fbem-21415	74	19	and	and	CCONJ
fbem-21415	74	20	rising	rise	VERB
fbem-21415	74	21	labor	labor	NOUN
fbem-21415	74	22	prices	price	NOUN
fbem-21415	74	23	often	often	ADV
fbem-21415	74	24	have	have	VERB
fbem-21415	74	25	a	a	DET
fbem-21415	74	26	greater	great	ADJ
fbem-21415	74	27	impact	impact	NOUN
fbem-21415	74	28	on	on	ADP
fbem-21415	74	29	enterprises	enterprise	NOUN
fbem-21415	74	30	.	.	PUNCT
fbem-21415	75	1	due	due	ADP
fbem-21415	75	2	to	to	ADP
fbem-21415	75	3	their	their	PRON
fbem-21415	75	4	low	low	ADJ
fbem-21415	75	5	technological	technological	ADJ
fbem-21415	75	6	content	content	NOUN
fbem-21415	75	7	and	and	CCONJ
fbem-21415	75	8	low	low	ADJ
fbem-21415	75	9	level	level	NOUN
fbem-21415	75	10	of	of	ADP
fbem-21415	75	11	automation	automation	NOUN
fbem-21415	75	12	development	development	NOUN
fbem-21415	75	13	,	,	PUNCT
fbem-21415	75	14	the	the	DET
fbem-21415	75	15	impact	impact	NOUN
fbem-21415	75	16	of	of	ADP
fbem-21415	75	17	digital	digital	ADJ
fbem-21415	75	18	transformation	transformation	NOUN
fbem-21415	75	19	on	on	ADP
fbem-21415	75	20	laborintensive	laborintensive	ADJ
fbem-21415	75	21	enterprises	enterprise	NOUN
fbem-21415	75	22	is	be	AUX
fbem-21415	75	23	relatively	relatively	ADV
fbem-21415	75	24	low	low	ADJ
fbem-21415	75	25	.	.	PUNCT
fbem-21415	76	1	secondly	secondly	ADV
fbem-21415	76	2	,	,	PUNCT
fbem-21415	76	3	the	the	DET
fbem-21415	76	4	scale	scale	NOUN
fbem-21415	76	5	and	and	CCONJ
fbem-21415	76	6	development	development	NOUN
fbem-21415	76	7	ability	ability	NOUN
fbem-21415	76	8	of	of	ADP
fbem-21415	76	9	enterprises	enterprise	NOUN
fbem-21415	76	10	are	be	AUX
fbem-21415	76	11	important	important	ADJ
fbem-21415	76	12	factors	factor	NOUN
fbem-21415	76	13	affecting	affect	VERB
fbem-21415	76	14	the	the	DET
fbem-21415	76	15	capital	capital	NOUN
fbem-21415	76	16	labor	labor	NOUN
fbem-21415	76	17	ratio	ratio	NOUN
fbem-21415	76	18	.	.	PUNCT
fbem-21415	77	1	large	large	ADJ
fbem-21415	77	2	scale	scale	NOUN
fbem-21415	77	3	enterprises	enterprise	NOUN
fbem-21415	77	4	often	often	ADV
fbem-21415	77	5	have	have	VERB
fbem-21415	77	6	stronger	strong	ADJ
fbem-21415	77	7	financing	financing	NOUN
fbem-21415	77	8	and	and	CCONJ
fbem-21415	77	9	development	development	NOUN
fbem-21415	77	10	capabilities	capability	NOUN
fbem-21415	77	11	,	,	PUNCT
fbem-21415	77	12	relatively	relatively	ADV
fbem-21415	77	13	high	high	ADJ
fbem-21415	77	14	levels	level	NOUN
fbem-21415	77	15	of	of	ADP
fbem-21415	77	16	digitalization	digitalization	NOUN
fbem-21415	77	17	,	,	PUNCT
fbem-21415	77	18	and	and	CCONJ
fbem-21415	77	19	face	face	VERB
fbem-21415	77	20	relatively	relatively	ADV
fbem-21415	77	21	low	low	ADJ
fbem-21415	77	22	financing	financing	NOUN
fbem-21415	77	23	constraints	constraint	NOUN
fbem-21415	77	24	.	.	PUNCT
fbem-21415	78	1	in	in	ADP
fbem-21415	78	2	small	small	ADJ
fbem-21415	78	3	-	-	PUNCT
fbem-21415	78	4	scale	scale	NOUN
fbem-21415	78	5	,	,	PUNCT
fbem-21415	78	6	young	young	ADJ
fbem-21415	78	7	,	,	PUNCT
fbem-21415	78	8	and	and	CCONJ
fbem-21415	78	9	non	non	ADJ
fbem-21415	78	10	government	government	NOUN
fbem-21415	78	11	subsidized	subsidize	VERB
fbem-21415	78	12	enterprises	enterprise	NOUN
fbem-21415	78	13	,	,	PUNCT
fbem-21415	78	14	the	the	DET
fbem-21415	78	15	constraining	constrain	VERB
fbem-21415	78	16	effect	effect	NOUN
fbem-21415	78	17	of	of	ADP
fbem-21415	78	18	this	this	DET
fbem-21415	78	19	financing	financing	NOUN
fbem-21415	78	20	constraint	constraint	NOUN
fbem-21415	78	21	is	be	AUX
fbem-21415	78	22	more	more	ADV
fbem-21415	78	23	prominent	prominent	ADJ
fbem-21415	78	24	,	,	PUNCT
fbem-21415	78	25	with	with	ADP
fbem-21415	78	26	a	a	DET
fbem-21415	78	27	relatively	relatively	ADV
fbem-21415	78	28	low	low	ADJ
fbem-21415	78	29	degree	degree	NOUN
fbem-21415	78	30	of	of	ADP
fbem-21415	78	31	digital	digital	ADJ
fbem-21415	78	32	transformation	transformation	NOUN
fbem-21415	78	33	and	and	CCONJ
fbem-21415	78	34	a	a	DET
fbem-21415	78	35	relatively	relatively	ADV
fbem-21415	78	36	low	low	ADJ
fbem-21415	78	37	capital	capital	NOUN
fbem-21415	78	38	labor	labor	NOUN
fbem-21415	78	39	ratio	ratio	NOUN
fbem-21415	78	40	.	.	PUNCT
fbem-21415	79	1	the	the	DET
fbem-21415	79	2	above	above	ADJ
fbem-21415	79	3	empirical	empirical	ADJ
fbem-21415	79	4	analysis	analysis	NOUN
fbem-21415	79	5	results	result	NOUN
fbem-21415	79	6	reveal	reveal	VERB
fbem-21415	79	7	that	that	SCONJ
fbem-21415	79	8	digital	digital	ADJ
fbem-21415	79	9	transformation	transformation	NOUN
fbem-21415	79	10	has	have	VERB
fbem-21415	79	11	a	a	DET
fbem-21415	79	12	significant	significant	ADJ
fbem-21415	79	13	impact	impact	NOUN
fbem-21415	79	14	on	on	ADP
fbem-21415	79	15	the	the	DET
fbem-21415	79	16	capital	capital	NOUN
fbem-21415	79	17	labor	labor	NOUN
fbem-21415	79	18	ratio	ratio	NOUN
fbem-21415	79	19	of	of	ADP
fbem-21415	79	20	enterprises	enterprise	NOUN
fbem-21415	79	21	,	,	PUNCT
fbem-21415	79	22	confirming	confirm	VERB
fbem-21415	79	23	the	the	DET
fbem-21415	79	24	validity	validity	NOUN
fbem-21415	79	25	of	of	ADP
fbem-21415	79	26	the	the	DET
fbem-21415	79	27	above	above	ADJ
fbem-21415	79	28	hypothesis	hypothesis	NOUN
fbem-21415	79	29	.	.	PUNCT
fbem-21415	80	1	5	5	X
fbem-21415	80	2	.	.	X
fbem-21415	80	3	conclusions	conclusion	NOUN
fbem-21415	80	4	and	and	CCONJ
fbem-21415	80	5	suggestions	suggestion	NOUN
fbem-21415	80	6	this	this	DET
fbem-21415	80	7	article	article	NOUN
fbem-21415	80	8	conducts	conduct	VERB
fbem-21415	80	9	a	a	DET
fbem-21415	80	10	study	study	NOUN
fbem-21415	80	11	on	on	ADP
fbem-21415	80	12	the	the	DET
fbem-21415	80	13	impact	impact	NOUN
fbem-21415	80	14	of	of	ADP
fbem-21415	80	15	digital	digital	ADJ
fbem-21415	80	16	transformation	transformation	NOUN
fbem-21415	80	17	on	on	ADP
fbem-21415	80	18	the	the	DET
fbem-21415	80	19	capital	capital	NOUN
fbem-21415	80	20	labor	labor	NOUN
fbem-21415	80	21	ratio	ratio	NOUN
fbem-21415	80	22	of	of	ADP
fbem-21415	80	23	a	a	DET
fbem-21415	80	24	-	-	PUNCT
fbem-21415	80	25	share	share	NOUN
fbem-21415	80	26	listed	list	VERB
fbem-21415	80	27	companies	company	NOUN
fbem-21415	80	28	from	from	ADP
fbem-21415	80	29	2010	2010	NUM
fbem-21415	80	30	to	to	ADP
fbem-21415	80	31	2020	2020	NUM
fbem-21415	80	32	.	.	PUNCT
fbem-21415	81	1	the	the	DET
fbem-21415	81	2	following	follow	VERB
fbem-21415	81	3	conclusions	conclusion	NOUN
fbem-21415	81	4	are	be	AUX
fbem-21415	81	5	drawn	draw	VERB
fbem-21415	81	6	:	:	PUNCT
fbem-21415	81	7	digital	digital	ADJ
fbem-21415	81	8	transformation	transformation	NOUN
fbem-21415	81	9	of	of	ADP
fbem-21415	81	10	enterprises	enterprise	NOUN
fbem-21415	81	11	has	have	VERB
fbem-21415	81	12	a	a	DET
fbem-21415	81	13	significant	significant	ADJ
fbem-21415	81	14	impact	impact	NOUN
fbem-21415	81	15	on	on	ADP
fbem-21415	81	16	the	the	DET
fbem-21415	81	17	capital	capital	NOUN
fbem-21415	81	18	labor	labor	NOUN
fbem-21415	81	19	ratio	ratio	NOUN
fbem-21415	81	20	.	.	PUNCT
fbem-21415	82	1	the	the	DET
fbem-21415	82	2	degree	degree	NOUN
fbem-21415	82	3	of	of	ADP
fbem-21415	82	4	digitalization	digitalization	NOUN
fbem-21415	82	5	of	of	ADP
fbem-21415	82	6	different	different	ADJ
fbem-21415	82	7	enterprise	enterprise	NOUN
fbem-21415	82	8	types	type	NOUN
fbem-21415	82	9	,	,	PUNCT
fbem-21415	82	10	sizes	size	NOUN
fbem-21415	82	11	,	,	PUNCT
fbem-21415	82	12	and	and	CCONJ
fbem-21415	82	13	development	development	NOUN
fbem-21415	82	14	capabilities	capability	NOUN
fbem-21415	82	15	has	have	VERB
fbem-21415	82	16	different	different	ADJ
fbem-21415	82	17	effects	effect	NOUN
fbem-21415	82	18	on	on	ADP
fbem-21415	82	19	the	the	DET
fbem-21415	82	20	capital	capital	NOUN
fbem-21415	82	21	labor	labor	NOUN
fbem-21415	82	22	ratio	ratio	NOUN
fbem-21415	82	23	of	of	ADP
fbem-21415	82	24	enterprises	enterprise	NOUN
fbem-21415	82	25	.	.	PUNCT
fbem-21415	83	1	the	the	DET
fbem-21415	83	2	impact	impact	NOUN
fbem-21415	83	3	of	of	ADP
fbem-21415	83	4	digital	digital	ADJ
fbem-21415	83	5	transformation	transformation	NOUN
fbem-21415	83	6	on	on	ADP
fbem-21415	83	7	the	the	DET
fbem-21415	83	8	capital	capital	NOUN
fbem-21415	83	9	labor	labor	NOUN
fbem-21415	83	10	ratio	ratio	NOUN
fbem-21415	83	11	of	of	ADP
fbem-21415	83	12	labor	labor	NOUN
fbem-21415	83	13	-	-	PUNCT
fbem-21415	83	14	intensive	intensive	ADJ
fbem-21415	83	15	enterprises	enterprise	NOUN
fbem-21415	83	16	is	be	AUX
fbem-21415	83	17	relatively	relatively	ADV
fbem-21415	83	18	low	low	ADJ
fbem-21415	83	19	.	.	PUNCT
fbem-21415	84	1	conversely	conversely	ADV
fbem-21415	84	2	,	,	PUNCT
fbem-21415	84	3	the	the	DET
fbem-21415	84	4	level	level	NOUN
fbem-21415	84	5	of	of	ADP
fbem-21415	84	6	digitalization	digitalization	NOUN
fbem-21415	84	7	of	of	ADP
fbem-21415	84	8	technologybased	technologybase	VERB
fbem-21415	84	9	enterprises	enterprise	NOUN
fbem-21415	84	10	has	have	VERB
fbem-21415	84	11	a	a	DET
fbem-21415	84	12	greater	great	ADJ
fbem-21415	84	13	impact	impact	NOUN
fbem-21415	84	14	on	on	ADP
fbem-21415	84	15	the	the	DET
fbem-21415	84	16	capital	capital	NOUN
fbem-21415	84	17	labor	labor	NOUN
fbem-21415	84	18	ratio	ratio	NOUN
fbem-21415	84	19	.	.	PUNCT
fbem-21415	85	1	the	the	DET
fbem-21415	85	2	degree	degree	NOUN
fbem-21415	85	3	of	of	ADP
fbem-21415	85	4	digitalization	digitalization	NOUN
fbem-21415	85	5	of	of	ADP
fbem-21415	85	6	enterprises	enterprise	NOUN
fbem-21415	85	7	with	with	ADP
fbem-21415	85	8	strong	strong	ADJ
fbem-21415	85	9	development	development	NOUN
fbem-21415	85	10	capabilities	capability	NOUN
fbem-21415	85	11	has	have	VERB
fbem-21415	85	12	a	a	DET
fbem-21415	85	13	relatively	relatively	ADV
fbem-21415	85	14	significant	significant	ADJ
fbem-21415	85	15	impact	impact	NOUN
fbem-21415	85	16	on	on	ADP
fbem-21415	85	17	the	the	DET
fbem-21415	85	18	capital	capital	NOUN
fbem-21415	85	19	labor	labor	NOUN
fbem-21415	85	20	ratio	ratio	NOUN
fbem-21415	85	21	,	,	PUNCT
fbem-21415	85	22	while	while	SCONJ
fbem-21415	85	23	the	the	DET
fbem-21415	85	24	opposite	opposite	NOUN
fbem-21415	85	25	has	have	VERB
fbem-21415	85	26	a	a	DET
fbem-21415	85	27	smaller	small	ADJ
fbem-21415	85	28	impact	impact	NOUN
fbem-21415	85	29	.	.	PUNCT
fbem-21415	86	1	based	base	VERB
fbem-21415	86	2	on	on	ADP
fbem-21415	86	3	the	the	DET
fbem-21415	86	4	above	above	ADJ
fbem-21415	86	5	research	research	NOUN
fbem-21415	86	6	conclusions	conclusion	NOUN
fbem-21415	86	7	,	,	PUNCT
fbem-21415	86	8	the	the	DET
fbem-21415	86	9	following	follow	VERB
fbem-21415	86	10	suggestions	suggestion	NOUN
fbem-21415	86	11	are	be	AUX
fbem-21415	86	12	proposed	propose	VERB
fbem-21415	86	13	:	:	PUNCT
fbem-21415	86	14	as	as	SCONJ
fbem-21415	86	15	enterprises	enterprise	NOUN
fbem-21415	86	16	,	,	PUNCT
fbem-21415	86	17	in	in	ADP
fbem-21415	86	18	the	the	DET
fbem-21415	86	19	era	era	NOUN
fbem-21415	86	20	of	of	ADP
fbem-21415	86	21	big	big	ADJ
fbem-21415	86	22	data	datum	NOUN
fbem-21415	86	23	,	,	PUNCT
fbem-21415	86	24	enterprises	enterprise	NOUN
fbem-21415	86	25	should	should	AUX
fbem-21415	86	26	seize	seize	VERB
fbem-21415	86	27	opportunities	opportunity	NOUN
fbem-21415	86	28	,	,	PUNCT
fbem-21415	86	29	integrate	integrate	VERB
fbem-21415	86	30	digital	digital	ADJ
fbem-21415	86	31	resources	resource	NOUN
fbem-21415	86	32	to	to	PART
fbem-21415	86	33	empower	empower	VERB
fbem-21415	86	34	high	high	ADJ
fbem-21415	86	35	-	-	PUNCT
fbem-21415	86	36	quality	quality	NOUN
fbem-21415	86	37	development	development	NOUN
fbem-21415	86	38	.	.	PUNCT
fbem-21415	87	1	faced	face	VERB
fbem-21415	87	2	with	with	ADP
fbem-21415	87	3	internal	internal	ADJ
fbem-21415	87	4	and	and	CCONJ
fbem-21415	87	5	external	external	ADJ
fbem-21415	87	6	pressures	pressure	NOUN
fbem-21415	87	7	,	,	PUNCT
fbem-21415	87	8	enterprises	enterprise	NOUN
fbem-21415	87	9	should	should	AUX
fbem-21415	87	10	be	be	AUX
fbem-21415	87	11	able	able	ADJ
fbem-21415	87	12	to	to	PART
fbem-21415	87	13	make	make	VERB
fbem-21415	87	14	reasonable	reasonable	ADJ
fbem-21415	87	15	plans	plan	NOUN
fbem-21415	87	16	for	for	ADP
fbem-21415	87	17	their	their	PRON
fbem-21415	87	18	own	own	ADJ
fbem-21415	87	19	resources	resource	NOUN
fbem-21415	87	20	,	,	PUNCT
fbem-21415	87	21	explore	explore	VERB
fbem-21415	87	22	and	and	CCONJ
fbem-21415	87	23	innovate	innovate	VERB
fbem-21415	87	24	,	,	PUNCT
fbem-21415	87	25	and	and	CCONJ
fbem-21415	87	26	strengthen	strengthen	VERB
fbem-21415	87	27	cooperation	cooperation	NOUN
fbem-21415	87	28	and	and	CCONJ
fbem-21415	87	29	communication	communication	NOUN
fbem-21415	87	30	with	with	ADP
fbem-21415	87	31	external	external	ADJ
fbem-21415	87	32	enterprises	enterprise	NOUN
fbem-21415	87	33	.	.	PUNCT
fbem-21415	88	1	we	we	PRON
fbem-21415	88	2	need	need	VERB
fbem-21415	88	3	to	to	PART
fbem-21415	88	4	accelerate	accelerate	VERB
fbem-21415	88	5	the	the	DET
fbem-21415	88	6	construction	construction	NOUN
fbem-21415	88	7	of	of	ADP
fbem-21415	88	8	basic	basic	ADJ
fbem-21415	88	9	information	information	NOUN
fbem-21415	88	10	and	and	CCONJ
fbem-21415	88	11	promote	promote	VERB
fbem-21415	88	12	digital	digital	ADJ
fbem-21415	88	13	transformation	transformation	NOUN
fbem-21415	88	14	and	and	CCONJ
fbem-21415	88	15	development	development	NOUN
fbem-21415	88	16	.	.	PUNCT
fbem-21415	89	1	in	in	ADP
fbem-21415	89	2	today	today	NOUN
fbem-21415	89	3	's	's	PART
fbem-21415	89	4	era	era	NOUN
fbem-21415	89	5	of	of	ADP
fbem-21415	89	6	information	information	NOUN
fbem-21415	89	7	explosion	explosion	NOUN
fbem-21415	89	8	,	,	PUNCT
fbem-21415	89	9	the	the	DET
fbem-21415	89	10	accuracy	accuracy	NOUN
fbem-21415	89	11	of	of	ADP
fbem-21415	89	12	information	information	NOUN
fbem-21415	89	13	mastery	mastery	NOUN
fbem-21415	89	14	is	be	AUX
fbem-21415	89	15	crucial	crucial	ADJ
fbem-21415	89	16	for	for	ADP
fbem-21415	89	17	the	the	DET
fbem-21415	89	18	development	development	NOUN
fbem-21415	89	19	of	of	ADP
fbem-21415	89	20	enterprises	enterprise	NOUN
fbem-21415	89	21	.	.	PUNCT
fbem-21415	90	1	the	the	DET
fbem-21415	90	2	construction	construction	NOUN
fbem-21415	90	3	of	of	ADP
fbem-21415	90	4	basic	basic	ADJ
fbem-21415	90	5	information	information	NOUN
fbem-21415	90	6	platforms	platform	NOUN
fbem-21415	90	7	can	can	AUX
fbem-21415	90	8	help	help	VERB
fbem-21415	90	9	enterprises	enterprise	NOUN
fbem-21415	90	10	grasp	grasp	VERB
fbem-21415	90	11	the	the	DET
fbem-21415	90	12	most	most	ADV
fbem-21415	90	13	basic	basic	ADJ
fbem-21415	90	14	operational	operational	ADJ
fbem-21415	90	15	information	information	NOUN
fbem-21415	90	16	,	,	PUNCT
fbem-21415	90	17	which	which	PRON
fbem-21415	90	18	is	be	AUX
fbem-21415	90	19	crucial	crucial	ADJ
fbem-21415	90	20	for	for	ADP
fbem-21415	90	21	analyzing	analyze	VERB
fbem-21415	90	22	the	the	DET
fbem-21415	90	23	future	future	ADJ
fbem-21415	90	24	development	development	NOUN
fbem-21415	90	25	direction	direction	NOUN
fbem-21415	90	26	of	of	ADP
fbem-21415	90	27	enterprises	enterprise	NOUN
fbem-21415	90	28	.	.	PUNCT
fbem-21415	91	1	strengthening	strengthen	VERB
fbem-21415	91	2	the	the	DET
fbem-21415	91	3	deep	deep	ADJ
fbem-21415	91	4	integration	integration	NOUN
fbem-21415	91	5	of	of	ADP
fbem-21415	91	6	digital	digital	ADJ
fbem-21415	91	7	technology	technology	NOUN
fbem-21415	91	8	and	and	CCONJ
fbem-21415	91	9	the	the	DET
fbem-21415	91	10	real	real	ADJ
fbem-21415	91	11	economy	economy	NOUN
fbem-21415	91	12	,	,	PUNCT
fbem-21415	91	13	digital	digital	ADJ
fbem-21415	91	14	technology	technology	NOUN
fbem-21415	91	15	takes	take	VERB
fbem-21415	91	16	the	the	DET
fbem-21415	91	17	lead	lead	NOUN
fbem-21415	91	18	,	,	PUNCT
fbem-21415	91	19	and	and	CCONJ
fbem-21415	91	20	information	information	NOUN
fbem-21415	91	21	construction	construction	NOUN
fbem-21415	91	22	needs	need	VERB
fbem-21415	91	23	to	to	PART
fbem-21415	91	24	have	have	VERB
fbem-21415	91	25	a	a	DET
fbem-21415	91	26	good	good	ADJ
fbem-21415	91	27	foundation	foundation	NOUN
fbem-21415	91	28	.	.	PUNCT
fbem-21415	92	1	the	the	DET
fbem-21415	92	2	government	government	NOUN
fbem-21415	92	3	needs	need	VERB
fbem-21415	92	4	to	to	PART
fbem-21415	92	5	improve	improve	VERB
fbem-21415	92	6	the	the	DET
fbem-21415	92	7	mechanism	mechanism	NOUN
fbem-21415	92	8	for	for	ADP
fbem-21415	92	9	protecting	protect	VERB
fbem-21415	92	10	intellectual	intellectual	ADJ
fbem-21415	92	11	property	property	NOUN
fbem-21415	92	12	rights	right	NOUN
fbem-21415	92	13	.	.	PUNCT
fbem-21415	93	1	in	in	ADP
fbem-21415	93	2	the	the	DET
fbem-21415	93	3	process	process	NOUN
fbem-21415	93	4	of	of	ADP
fbem-21415	93	5	digital	digital	ADJ
fbem-21415	93	6	transformation	transformation	NOUN
fbem-21415	93	7	,	,	PUNCT
fbem-21415	93	8	digital	digital	ADJ
fbem-21415	93	9	technology	technology	NOUN
fbem-21415	93	10	is	be	AUX
fbem-21415	93	11	crucial	crucial	ADJ
fbem-21415	93	12	.	.	PUNCT
fbem-21415	94	1	to	to	PART
fbem-21415	94	2	promote	promote	VERB
fbem-21415	94	3	research	research	NOUN
fbem-21415	94	4	and	and	CCONJ
fbem-21415	94	5	development	development	NOUN
fbem-21415	94	6	production	production	NOUN
fbem-21415	94	7	,	,	PUNCT
fbem-21415	94	8	the	the	DET
fbem-21415	94	9	government	government	NOUN
fbem-21415	94	10	should	should	AUX
fbem-21415	94	11	strengthen	strengthen	VERB
fbem-21415	94	12	encouragement	encouragement	NOUN
fbem-21415	94	13	,	,	PUNCT
fbem-21415	94	14	strengthen	strengthen	VERB
fbem-21415	94	15	the	the	DET
fbem-21415	94	16	protection	protection	NOUN
fbem-21415	94	17	of	of	ADP
fbem-21415	94	18	digital	digital	ADJ
fbem-21415	94	19	intellectual	intellectual	ADJ
fbem-21415	94	20	property	property	NOUN
fbem-21415	94	21	rights	right	NOUN
fbem-21415	94	22	,	,	PUNCT
fbem-21415	94	23	and	and	CCONJ
fbem-21415	94	24	stimulate	stimulate	VERB
fbem-21415	94	25	the	the	DET
fbem-21415	94	26	enthusiasm	enthusiasm	NOUN
fbem-21415	94	27	of	of	ADP
fbem-21415	94	28	enterprises	enterprise	NOUN
fbem-21415	94	29	for	for	ADP
fbem-21415	94	30	technological	technological	ADJ
fbem-21415	94	31	innovation	innovation	NOUN
fbem-21415	94	32	.	.	PUNCT
fbem-21415	95	1	acknowledgment	acknowledgment	NOUN
fbem-21415	95	2	this	this	DET
fbem-21415	95	3	study	study	NOUN
fbem-21415	95	4	was	be	AUX
fbem-21415	95	5	funded	fund	VERB
fbem-21415	95	6	by	by	ADP
fbem-21415	95	7	anhui	anhui	PROPN
fbem-21415	95	8	university	university	PROPN
fbem-21415	95	9	of	of	ADP
fbem-21415	95	10	finance	finance	PROPN
fbem-21415	95	11	and	and	CCONJ
fbem-21415	95	12	economics	economic	NOUN
fbem-21415	95	13	undergraduate	undergraduate	NOUN
fbem-21415	95	14	research	research	NOUN
fbem-21415	95	15	and	and	CCONJ
fbem-21415	95	16	innovation	innovation	NOUN
fbem-21415	95	17	fund	fund	NOUN
fbem-21415	95	18	project	project	NOUN
fbem-21415	95	19	(	(	PUNCT
fbem-21415	95	20	xsky23195	xsky23195	PROPN
fbem-21415	95	21	)	)	PUNCT
fbem-21415	95	22	.	.	PUNCT
fbem-21415	96	1	references	reference	NOUN
fbem-21415	96	2	[	[	X
fbem-21415	96	3	1	1	NUM
fbem-21415	96	4	]	]	X
fbem-21415	96	5	li	li	PROPN
fbem-21415	96	6	lei	lei	PROPN
fbem-21415	96	7	,	,	PUNCT
fbem-21415	96	8	yang	yang	PROPN
fbem-21415	96	9	shui	shui	PROPN
fbem-21415	96	10	,	,	PUNCT
fbem-21415	96	11	chen	chen	PROPN
fbem-21415	96	12	na	na	PROPN
fbem-21415	96	13	.	.	PROPN
fbem-21415	96	14	research	research	NOUN
fbem-21415	96	15	on	on	ADP
fbem-21415	96	16	the	the	DET
fbem-21415	96	17	impact	impact	NOUN
fbem-21415	96	18	of	of	ADP
fbem-21415	96	19	digital	digital	ADJ
fbem-21415	96	20	transformation	transformation	NOUN
fbem-21415	96	21	on	on	ADP
fbem-21415	96	22	enterprise	enterprise	NOUN
fbem-21415	96	23	investment	investment	NOUN
fbem-21415	96	24	efficiency	efficiency	NOUN
fbem-21415	97	1	[	[	X
fbem-21415	97	2	j	j	X
fbem-21415	97	3	]	]	X
fbem-21415	97	4	.	.	PUNCT
fbem-21415	97	5	soft	soft	ADJ
fbem-21415	97	6	science	science	NOUN
fbem-21415	97	7	,	,	PUNCT
fbem-21415	97	8	2022	2022	NUM
fbem-21415	97	9	,	,	PUNCT
fbem-21415	97	10	36	36	NUM
fbem-21415	97	11	(	(	PUNCT
fbem-21415	97	12	11	11	NUM
fbem-21415	97	13	):	):	PUNCT
fbem-21415	97	14	23	23	NUM
fbem-21415	97	15	-	-	SYM
fbem-21415	97	16	29	29	NUM
fbem-21415	97	17	.	.	PUNCT
fbem-21415	98	1	[	[	X
fbem-21415	98	2	2	2	NUM
fbem-21415	98	3	]	]	X
fbem-21415	98	4	li	li	PROPN
fbem-21415	98	5	qinyang	qinyang	PROPN
fbem-21415	98	6	,	,	PUNCT
fbem-21415	98	7	zhi	zhi	PROPN
fbem-21415	98	8	jia	jia	PROPN
fbem-21415	98	9	,	,	PUNCT
fbem-21415	98	10	liu	liu	PROPN
fbem-21415	98	11	xiangqiang	xiangqiang	PROPN
fbem-21415	98	12	.	.	PUNCT
fbem-21415	99	1	digital	digital	ADJ
fbem-21415	99	2	transformation	transformation	NOUN
fbem-21415	99	3	of	of	ADP
fbem-21415	99	4	enterprises	enterprise	NOUN
fbem-21415	99	5	and	and	CCONJ
fbem-21415	99	6	capital	capital	NOUN
fbem-21415	99	7	allocation	allocation	NOUN
fbem-21415	99	8	efficiency	efficiency	NOUN
fbem-21415	100	1	[	[	X
fbem-21415	100	2	j	j	X
fbem-21415	100	3	]	]	X
fbem-21415	100	4	.	.	PUNCT
fbem-21415	101	1	forum	forum	PROPN
fbem-21415	101	2	on	on	ADP
fbem-21415	101	3	statistics	statistic	NOUN
fbem-21415	101	4	and	and	CCONJ
fbem-21415	101	5	information	information	NOUN
fbem-21415	101	6	,	,	PUNCT
fbem-21415	101	7	2023	2023	NUM
fbem-21415	101	8	,	,	PUNCT
fbem-21415	101	9	38	38	NUM
fbem-21415	101	10	(	(	PUNCT
fbem-21415	101	11	03	03	NUM
fbem-21415	101	12	):	):	PUNCT
fbem-21415	101	13	70	70	NUM
fbem-21415	101	14	-	-	SYM
fbem-21415	101	15	83	83	NUM
fbem-21415	101	16	.	.	PUNCT
fbem-21415	102	1	[	[	X
fbem-21415	102	2	3	3	X
fbem-21415	102	3	]	]	X
fbem-21415	102	4	liu	liu	PROPN
fbem-21415	102	5	yiwen	yiwen	PROPN
fbem-21415	102	6	,	,	PUNCT
fbem-21415	102	7	tan	tan	PROPN
fbem-21415	102	8	huizhong	huizhong	PROPN
fbem-21415	102	9	,	,	PUNCT
fbem-21415	102	10	chen	chen	PROPN
fbem-21415	102	11	xijun	xijun	PROPN
fbem-21415	102	12	,	,	PUNCT
fbem-21415	102	13	yang	yang	PROPN
fbem-21415	102	14	chao	chao	PROPN
fbem-21415	102	15	.	.	PUNCT
fbem-21415	103	1	research	research	NOUN
fbem-21415	103	2	on	on	ADP
fbem-21415	103	3	the	the	DET
fbem-21415	103	4	impact	impact	NOUN
fbem-21415	103	5	of	of	ADP
fbem-21415	103	6	digital	digital	ADJ
fbem-21415	103	7	economy	economy	NOUN
fbem-21415	103	8	development	development	NOUN
fbem-21415	103	9	on	on	ADP
fbem-21415	103	10	the	the	DET
fbem-21415	103	11	efficiency	efficiency	NOUN
fbem-21415	103	12	improvement	improvement	NOUN
fbem-21415	103	13	of	of	ADP
fbem-21415	103	14	real	real	ADJ
fbem-21415	103	15	economy	economy	NOUN
fbem-21415	103	16	investment	investment	NOUN
fbem-21415	104	1	[	[	X
fbem-21415	104	2	j	j	X
fbem-21415	104	3	]	]	X
fbem-21415	104	4	.	.	PUNCT
fbem-21415	105	1	china	china	PROPN
fbem-21415	105	2	soft	soft	ADJ
fbem-21415	105	3	science	science	NOUN
fbem-21415	105	4	,	,	PUNCT
fbem-21415	105	5	2022	2022	NUM
fbem-21415	105	6	(	(	PUNCT
fbem-21415	105	7	10	10	NUM
fbem-21415	105	8	):	):	SYM
fbem-21415	105	9	20	20	NUM
fbem-21415	105	10	-	-	SYM
fbem-21415	105	11	29	29	NUM
fbem-21415	105	12	.	.	PUNCT
fbem-21415	106	1	[	[	X
fbem-21415	106	2	4	4	X
fbem-21415	106	3	]	]	PUNCT
fbem-21415	106	4	ye	ye	NUM
fbem-21415	106	5	yongwei	yongwei	PROPN
fbem-21415	106	6	,	,	PUNCT
fbem-21415	106	7	li	li	PROPN
fbem-21415	106	8	xin	xin	PROPN
fbem-21415	106	9	,	,	PUNCT
fbem-21415	106	10	liu	liu	PROPN
fbem-21415	106	11	guanchun	guanchun	PROPN
fbem-21415	106	12	.	.	PUNCT
fbem-21415	107	1	digital	digital	ADJ
fbem-21415	107	2	transformation	transformation	NOUN
fbem-21415	107	3	and	and	CCONJ
fbem-21415	107	4	upgrading	upgrading	NOUN
fbem-21415	107	5	of	of	ADP
fbem-21415	107	6	enterprise	enterprise	NOUN
fbem-21415	107	7	human	human	ADJ
fbem-21415	107	8	capital	capital	NOUN
fbem-21415	108	1	[	[	X
fbem-21415	108	2	j	j	X
fbem-21415	108	3	]	]	X
fbem-21415	108	4	.	.	PUNCT
fbem-21415	109	1	financial	financial	ADJ
fbem-21415	109	2	research	research	NOUN
fbem-21415	109	3	,	,	PUNCT
fbem-21415	109	4	2022	2022	NUM
fbem-21415	109	5	(	(	PUNCT
fbem-21415	109	6	12	12	NUM
fbem-21415	109	7	):	):	PUNCT
fbem-21415	109	8	74	74	NUM
fbem-21415	109	9	-	-	SYM
fbem-21415	109	10	92	92	NUM
fbem-21415	109	11	.	.	PUNCT
fbem-21415	110	1	[	[	X
fbem-21415	110	2	5	5	NUM
fbem-21415	110	3	]	]	X
fbem-21415	110	4	zhou	zhou	PROPN
fbem-21415	110	5	donghua	donghua	PROPN
fbem-21415	110	6	,	,	PUNCT
fbem-21415	110	7	wan	wan	PROPN
fbem-21415	110	8	yijian	yijian	PROPN
fbem-21415	110	9	.	.	PUNCT
fbem-21415	111	1	does	do	AUX
fbem-21415	111	2	digital	digital	ADJ
fbem-21415	111	3	transformation	transformation	NOUN
fbem-21415	111	4	improve	improve	VERB
fbem-21415	111	5	labor	labor	NOUN
fbem-21415	111	6	investment	investment	NOUN
fbem-21415	111	7	efficiency	efficiency	NOUN
fbem-21415	111	8	in	in	ADP
fbem-21415	111	9	enterprises	enterprise	NOUN
fbem-21415	111	10	?	?	PUNCT
fbem-21415	112	1	[	[	X
fbem-21415	112	2	j	j	X
fbem-21415	112	3	]	]	X
fbem-21415	112	4	.	.	PUNCT
fbem-21415	113	1	journal	journal	PROPN
fbem-21415	113	2	of	of	ADP
fbem-21415	113	3	shanxi	shanxi	PROPN
fbem-21415	113	4	university	university	PROPN
fbem-21415	113	5	of	of	ADP
fbem-21415	113	6	finance	finance	NOUN
fbem-21415	113	7	and	and	CCONJ
fbem-21415	113	8	economics	economic	NOUN
fbem-21415	113	9	,	,	PUNCT
fbem-21415	113	10	2023	2023	NUM
fbem-21415	113	11	,	,	PUNCT
fbem-21415	113	12	45	45	NUM
fbem-21415	113	13	(	(	PUNCT
fbem-21415	113	14	02	02	NUM
fbem-21415	113	15	):	):	PUNCT
fbem-21415	113	16	87	87	NUM
fbem-21415	113	17	-	-	SYM
fbem-21415	113	18	101	101	NUM
fbem-21415	113	19	.	.	PUNCT
fbem-21415	114	1	[	[	X
fbem-21415	114	2	6	6	X
fbem-21415	114	3	]	]	X
fbem-21415	114	4	kuang	kuang	PROPN
fbem-21415	114	5	yuzhen	yuzhen	PROPN
fbem-21415	114	6	,	,	PUNCT
fbem-21415	114	7	li	li	PROPN
fbem-21415	114	8	bingcheng	bingcheng	PROPN
fbem-21415	114	9	.	.	PUNCT
fbem-21415	115	1	bank	bank	NOUN
fbem-21415	115	2	competition	competition	NOUN
fbem-21415	115	3	and	and	CCONJ
fbem-21415	115	4	corporate	corporate	ADJ
fbem-21415	115	5	capital	capital	NOUN
fbem-21415	115	6	labor	labor	NOUN
fbem-21415	115	7	ratio	ratio	NOUN
fbem-21415	116	1	[	[	X
fbem-21415	116	2	j	j	X
fbem-21415	116	3	]	]	X
fbem-21415	116	4	.	.	PUNCT
fbem-21415	117	1	international	international	ADJ
fbem-21415	117	2	finance	finance	NOUN
fbem-21415	117	3	research	research	NOUN
fbem-21415	117	4	,	,	PUNCT
fbem-21415	117	5	2021	2021	NUM
fbem-21415	117	6	(	(	PUNCT
fbem-21415	117	7	05	05	NUM
fbem-21415	117	8	):	):	PUNCT
fbem-21415	117	9	55	55	NUM
fbem-21415	117	10	-	-	SYM
fbem-21415	117	11	64	64	NUM
fbem-21415	117	12	.	.	PUNCT
fbem-21415	118	1	[	[	X
fbem-21415	118	2	7	7	X
fbem-21415	118	3	]	]	X
fbem-21415	118	4	wang	wang	PROPN
fbem-21415	118	5	wenchun	wenchun	PROPN
fbem-21415	118	6	,	,	PUNCT
fbem-21415	118	7	zhao	zhao	PROPN
fbem-21415	118	8	chenyu	chenyu	PROPN
fbem-21415	118	9	,	,	PUNCT
fbem-21415	118	10	li	li	PROPN
fbem-21415	118	11	xuesong	xuesong	PROPN
fbem-21415	118	12	.	.	PUNCT
fbem-21415	119	1	how	how	SCONJ
fbem-21415	119	2	digital	digital	ADJ
fbem-21415	119	3	transformation	transformation	NOUN
fbem-21415	119	4	affects	affect	VERB
fbem-21415	119	5	total	total	ADJ
fbem-21415	119	6	factor	factor	NOUN
fbem-21415	119	7	productivity	productivity	NOUN
fbem-21415	119	8	of	of	ADP
fbem-21415	119	9	enterprises	enterprise	NOUN
fbem-21415	119	10	[	[	X
fbem-21415	119	11	j	j	X
fbem-21415	119	12	]	]	X
fbem-21415	119	13	.	.	PUNCT
fbem-21415	120	1	finance	finance	NOUN
fbem-21415	120	2	,	,	PUNCT
fbem-21415	120	3	trade	trade	NOUN
fbem-21415	120	4	and	and	CCONJ
fbem-21415	120	5	economics	economic	NOUN
fbem-21415	120	6	,	,	PUNCT
fbem-21415	120	7	2021	2021	NUM
fbem-21415	120	8	,	,	PUNCT
fbem-21415	120	9	42	42	NUM
fbem-21415	120	10	(	(	PUNCT
fbem-21415	120	11	07	07	NUM
fbem-21415	120	12	):	):	PUNCT
fbem-21415	120	13	114	114	NUM
fbem-21415	120	14	-	-	SYM
fbem-21415	120	15	129	129	NUM
fbem-21415	120	16	.	.	PUNCT