The Effect of AIoT on the Total Factor Productivity: The Case of China in The Past Decade

Abstract

This paper introduces the economic significance of AIoT technology, especially the impact on TFP. The impact of AIoT technology development on TFP growth rate in China is empirically studied then by selecting the relevant data in recent ten years. Economic theories have confirmed the positive impact, while the empirical analysis of this paper also reveals that the marginal benefit of AIoT investment is not ideal sometimes even though the technology investment has increased.