关键词: 信息技术 , 分配效应 , 劳动收入份额 , 倾向得分匹配

Abstract: The “growth effect” of information communication technology (ICT) is widely discussed, while its “distributional effect” deserves more studiesUsing firmlevel data from Chinese Industrial Enterprises Database, this paper studies how ICT impacts income distribution between two kinds of production factors:labor and capitalWe find that firms with websites have higher labor income share, which is robust to different indicators, alternative samples, and various specificationsThe effects of ICT on factor income distribution show heterogeneity across ownerships, export status, regions and between light and heavy industriesWe also explore the mechanism behind the correlation between ICT and labor income share and find that ICT increases average compensation more than value added per worker, leading to higher labor income shareThis paper not only makes up a deficiency in this field, but has important policy implications as well

Key words: information communication technology , distributional effect , labor income share , propensity score matching