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Yu H, Liu H. Impact of digitization on carbon productivity: an empirical analysis of 136 countries. Sci Rep 2024; 14:5094. [PMID: 38429408 PMCID: PMC10907719 DOI: 10.1038/s41598-024-55848-2] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Received: 10/10/2023] [Accepted: 02/28/2024] [Indexed: 03/03/2024] Open
Abstract
Enhancing carbon productivity (CP) is key to achieving carbon reduction goals while maintaining economic growth. Digital technology plays a significant role in improving CP. Based on panel data from 136 countries worldwide from 2000 to 2020, this study empirically examines the impact of digitalization on CP and its mechanisms using fixed-effects and mediation models. The conclusions are as follows: (1) Overall, digitalization significantly enhances CP. (2) In terms of the mechanism, digitalization primarily improves CP through technological innovation and mitigating income inequality. (3) In terms of the quantile regression results, as the quantile level of CP increases, the promoting effect of digitalization on CP gradually strengthens. (4) From the perspective of heterogeneity among regions, income levels and human capital levels, digitalization has the greatest promotion effect on carbon productivity in European countries, high-income countries and high human capital countries. This study provides a reference for policymakers worldwide to use digital technology in achieving carbon emission reduction targets.
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Affiliation(s)
- Hongna Yu
- Harbin University of Commerce, Harbin, 150028, Heilongjiang, People's Republic of China
| | - Huan Liu
- Harbin University of Commerce, Harbin, 150028, Heilongjiang, People's Republic of China.
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2
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Huang S, Yang L, Yang C, Wang D, Li Y. Obscuring effect of income inequality and moderating role of financial literacy in the relationship between digital finance and China's household carbon emissions. JOURNAL OF ENVIRONMENTAL MANAGEMENT 2024; 351:119927. [PMID: 38176388 DOI: 10.1016/j.jenvman.2023.119927] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 10/02/2023] [Revised: 11/24/2023] [Accepted: 12/23/2023] [Indexed: 01/06/2024]
Abstract
Households have emerged as one of the primary sources for carbon emissions in China, thus posing challenges to the "dual carbon" objectives. Digital finance, an emergent form of industry that fused advanced technology with financial services, had a pronounced impact on household carbon emissions stemming from daily consumption. However, the mechanisms driving this impact have not been adequately examined. Based on micro-level household survey data across 25 Chinese provinces from 2012, 2014, 2016, and 2018, the study identified the chief channels via which digital finance affected household carbon emissions, deriving several key findings. First, digital finance augmented household carbon emissions, presenting a significant negative impact on the climate. Second, due to the existence of "digital divide" between rural and urban areas, the impact of digital finance was more subdued in rural areas. Additionally, the effects of digital finance were more pronounced in the affluent eastern provinces. Third, income mobility obscured the positive relationship between digital finance and household carbon emissions. This is primarily attributed to the urban-rural divide in China; taking into account that urban-to-rural transfers make income distribution more equitable, there is a counterintuitive drop in per capita consumption, thereby suppressing consumption-related carbon emissions. This presented the conundrum of "income distribution equality-consumption negativity". Finally, financial literacy was identified as a crucial positive moderating role, enabling households with high financial literacy to harness the dividends of digital finance, thereby engaging in more diversified consumption activities and intensifying the negative impact of digital finance on carbon emissions. The findings reinforced the pivotal role of digital finance in bolstering efforts to combat climate change and ensuring environmentally-responsible economic advancements.
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Affiliation(s)
- Simin Huang
- School of Economics and Management, Inner Mongolia University, 010021, Inner Mongolia, China; Inner Mongolia Institute for Energy and carbon neutrality strategy, Inner Mongolia University, Hohhot, 010021, China
| | - Lin Yang
- School of Economics and Management, Inner Mongolia University, 010021, Inner Mongolia, China; Inner Mongolia Institute for Energy and carbon neutrality strategy, Inner Mongolia University, Hohhot, 010021, China.
| | - Chen Yang
- School of Economics and Management, Inner Mongolia University, 010021, Inner Mongolia, China; Inner Mongolia Institute for Energy and carbon neutrality strategy, Inner Mongolia University, Hohhot, 010021, China
| | - Donghan Wang
- School of Economics and Management, Communication University of China, Beijing, 100024, China.
| | - Yiming Li
- School of Economics and Management, Inner Mongolia University, 010021, Inner Mongolia, China; Inner Mongolia Institute for Energy and carbon neutrality strategy, Inner Mongolia University, Hohhot, 010021, China
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3
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Zhao B, Fang L, Zhang J, Li W, Tao L, Yu Q, Wen C. Impact of digital finance on urban ecological resilience: evidence from the Yangtze River Economic Belt in China. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2024; 31:9218-9236. [PMID: 38190063 DOI: 10.1007/s11356-023-31431-6] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Subscribe] [Scholar Register] [Received: 04/17/2023] [Accepted: 12/05/2023] [Indexed: 01/09/2024]
Abstract
From the emergence of the new coronavirus pandemic to extreme climatic catastrophes, the development and enhancement of urban ecological resilience has evolved into a critical and strategic imperative. Investigating the capacity of digital finance to promote urban ecological resilience bears substantial relevance to the sustainable advancement of urban centers. This study examines the influence of digital finance on urban ecological resilience by applying a benchmark regression model on data from 107 prefecture-level cities within the Yangtze River Economic Belt across 2011-2020. Additionally, this study delves into its mechanism and spatial spillover impacts via a mediating effect model and a spatial effect model. The findings revealed that (1) digital finance strengthens the ecological resilience of the locale and beneficially impacts the surrounding regions; (2) digital finance enhances urban ecological resilience by fostering technological innovation and reducing energy intensity; and (3) in the lower reaches of the Yangtze River, digital finance plays a greater role in improving urban ecological resilience. Cities with high level of traditional financial development, high level of economic development and high intensity of environmental regulation have a more obvious role in promoting urban ecological resilience. Within the paradigm of ecological civilization, it is advisable for governmental bodies to fortify inter-regional digital financial collaboration, refine the green financial infrastructure, and advocate for sustainable, low-carbon, high-quality urban development.
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Affiliation(s)
- Bin Zhao
- Research Center for Economy of Upper Reaches of the Yangtze River, Chongqing Technology and Business University, Chongqing, 400067, China
| | - Liuhua Fang
- Research Center for Economy of Upper Reaches of the Yangtze River, Chongqing Technology and Business University, Chongqing, 400067, China
| | - Jianyu Zhang
- Research Center for Economy of Upper Reaches of the Yangtze River, Chongqing Technology and Business University, Chongqing, 400067, China
| | - Wenyu Li
- Research Center for Economy of Upper Reaches of the Yangtze River, Chongqing Technology and Business University, Chongqing, 400067, China
| | - Lixia Tao
- Research Center for Economy of Upper Reaches of the Yangtze River, Chongqing Technology and Business University, Chongqing, 400067, China
| | - Qiuyue Yu
- Research Center for Economy of Upper Reaches of the Yangtze River, Chongqing Technology and Business University, Chongqing, 400067, China
| | - Chuanhao Wen
- School of Economics, Yunnan University, Kunming, 650091, China.
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4
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Li W, Fan Y, Sun Z, Feng L. The role of digital finance for the growth of renewable energy: evidence from China. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2024; 31:14641-14661. [PMID: 38280163 DOI: 10.1007/s11356-023-31704-0] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Subscribe] [Scholar Register] [Received: 08/26/2023] [Accepted: 12/20/2023] [Indexed: 01/29/2024]
Abstract
Developing renewable energy (RE) is the inevitable choice for China to achieve its climate goals. However, financing RE investments remains challenging. Meanwhile, China's digital finance (DF) is profoundly influencing the trajectory of the energy transition. This study empirically investigates the role of DF on the growth of RE, what aspects of DF matter, and its geographical attenuation process, taking both spatial and temporal dimensions into consideration. The empirical results show that DF and its coverage breadth and usage depth can facilitate RE development in both local and neighboring regions, with a comparatively limited effect of digitalization level. The impact of DF on the growth of RE is heterogeneous and has been declining over time. Specifically, this effect is observable only in the eastern regions. The spillover effects of DF on RE development vary in different spatial thresholds, which has clear boundary effects and geographical decay characteristics.
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Affiliation(s)
- Wenxin Li
- School of Economics and Management, China University of Petroleum (Beijing), Beijing, 102249, China
- Laboratory for Low-Carbon Intelligent Governance, Beihang University, Beijing, 100191, China
| | - Ying Fan
- Laboratory for Low-Carbon Intelligent Governance, Beihang University, Beijing, 100191, China.
- School of Economics and Management, Beihang University, Beijing, 100191, China.
| | - Zhu Sun
- School of Economics and Management, China University of Petroleum (Beijing), Beijing, 102249, China
| | - Lianyong Feng
- School of Economics and Management, China University of Petroleum (Beijing), Beijing, 102249, China
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5
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Wang H, Cheng Y. Impact of the digital economy on total factor energy efficiency: evidence from 268 Chinese cities. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2024; 31:2960-2975. [PMID: 38079047 DOI: 10.1007/s11356-023-31356-0] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Subscribe] [Scholar Register] [Received: 05/06/2023] [Accepted: 11/30/2023] [Indexed: 01/18/2024]
Abstract
Due to the advancement of digital technology, the digital economy has developed rapidly, profoundly changing human production and lifestyles, thereby promoting the dual digital transformation of the energy supply and demand sides and having a profound impact on energy utilization efficiency. Based on measuring the total factor energy efficiency (TFEE) of 268 cities in China from 2011 to 2019, we analyze the total and indirect effects of the digital economy on TFEE using a mediated effects model and examine the effects of urban heterogeneity from the perspectives of geographical location, city size, and resource endowment. The results show that the digital economy has a significant positive contribution to TFEE. In addition, the digital economy can promote TFEE through industrial structure upgrading, technological innovation, and environmental regulation. The test results of the subsample show that there is significant heterogeneity in the impact and mechanism of action of the digital economy on TFEE in different geographical locations, city sizes, and resource endowments. By understanding how the digital economy impacts TFEE, policymakers can formulate effective policies to simultaneously accelerate digital economy development and improve TFEE.
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Affiliation(s)
- Huiping Wang
- Resource Environment and Regional Economic Development Research Center, Xi'an University of Finance and Economics, Xi'an, 710100, China.
| | - Yilong Cheng
- Resource Environment and Regional Economic Development Research Center, Xi'an University of Finance and Economics, Xi'an, 710100, China
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Chen J, Zheng Y, Chen Z, Wang Y. Can digital economy development contribute to carbon emission reduction? Evidence from China. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:118706-118723. [PMID: 37917264 DOI: 10.1007/s11356-023-30413-y] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 07/02/2023] [Accepted: 10/08/2023] [Indexed: 11/04/2023]
Abstract
With the rapid growth of the digital economy, it is essential to understand its impact on carbon emissions reduction. This study uses provincial panel data from China during 2011-2019 to construct a moderating mediating effect model and a spatial panel Durbin model to examine the relationship between the digital economy and carbon emissions reduction. This study analyzes the mediating effect of the energy structure on the digital economy's impact on carbon emission reduction, and the spatial effect and regional heterogeneity of the digital economy's impact on carbon emission reduction. The findings indicate that the development of the digital economy can effectively promote regional carbon emission reductions, both directly and indirectly, with a significant spatial spillover effect. Second, the energy structure plays a significant mediating role in promoting carbon emission reduction in the digital economy, and the industrial structure has a positive moderating effect. Third, the impact of the digital economy on carbon emissions reduction has significant regional heterogeneity, and the inhibitory effect of the digital economy is more effective in the central and western provinces. This study provides a theoretical reference for achieving high-quality development of the digital economy while promoting carbon emissions reduction.
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Affiliation(s)
- Jinbiao Chen
- School of Statistics, Dongbei University of Finance and Economics, Dalian, 116025, China
| | - Yunan Zheng
- School of Statistics, Dongbei University of Finance and Economics, Dalian, 116025, China
| | - Zanyu Chen
- School of Statistics, Dongbei University of Finance and Economics, Dalian, 116025, China
| | - Yong Wang
- School of Statistics, Dongbei University of Finance and Economics, Dalian, 116025, China.
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7
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Liu Y. Impact of industrial robots on environmental pollution: evidence from China. Sci Rep 2023; 13:20769. [PMID: 38008867 PMCID: PMC10679152 DOI: 10.1038/s41598-023-47380-6] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Received: 07/24/2023] [Accepted: 11/13/2023] [Indexed: 11/28/2023] Open
Abstract
The application of industrial robots is considered a significant factor affecting environmental pollution. Selecting industrial wastewater discharge, industrial SO2 emissions and industrial soot emissions as the evaluation indicators of environmental pollution, this paper uses the panel data model and mediation effect model to empirically examine the impact of industrial robots on environmental pollution and its mechanisms. The conclusions are as follows: (1) Industrial robots can significantly reduce environmental pollution. (2) Industrial robots can reduce environmental pollution by improving the level of green technology innovation and optimizing the structure of employment skills. (3) With the increase in emissions of industrial wastewater, industrial SO2, and industrial dust, the impacts generated by industrial robots are exhibiting trends of a "W" shape, gradual intensification, and progressive weakening. (4) Regarding regional heterogeneity, industrial robots in the eastern region have the greatest negative impact on environmental pollution, followed by the central region, and the western region has the least negative impact on environmental pollution. Regarding time heterogeneity, the emission reduction effect of industrial robots after 2013 is greater than that before 2013. Based on the above conclusions, this paper suggests that the Chinese government and enterprises should increase investment in the robot industry. Using industrial robots to drive innovation in green technology and optimize employment skill structures, reducing environmental pollution.
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Affiliation(s)
- Yanfang Liu
- Harbin Vocational College of Science and Technology, Harbin, 150300, Heilongjiang, People's Republic of China.
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8
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Guo S. Can digitalization and low-carbonization progress in harmony? Evidence from Chinese cities. PLoS One 2023; 18:e0292405. [PMID: 37847722 PMCID: PMC10581500 DOI: 10.1371/journal.pone.0292405] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [MESH Headings] [Grants] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Received: 05/10/2023] [Accepted: 09/19/2023] [Indexed: 10/19/2023] Open
Abstract
Achieving high-quality development of the city requires actively promoting coordinated digitalization and low-carbon development. Previous studies have focused on the unidirectional impact of urban digitalization on low-carbonization and there is a lack of research on their interactions. This study uses the generalized spatial three-stage least squares method and the spatial simultaneous equation to investigate the endogenous interactions between urban digitalization and low-carbonization. The properties of the spatiotemporal evolution are then examined using linked coordination degree models, kernel density, and spatial statistical approaches. Finally, using the spatial panel metering model, this study empirically investigates the motivations behind the synergistic advancement of digitalization and low-carbonization. The results show that: (1) There is an endogenous interaction between urban digitalization and low-carbonization and that this interaction pattern is closely linked to geographical proximity. (2) In general, both urban digitalization and low-carbonization have a positive spatial impact and a negative spatial interaction, and their coordination levels have a significant spatial impact. (3) Throughout the research period, the coordination degree of urban digitalization and low carbonization continued to increase, showing a positive spatial correlation and a balanced development trend. (4) Economic development, industrial structure, and human capital accumulation are vital internal drivers of the synergistic advancement of urban digitalization and low carbonization. Government capacities and technological innovations are key external factors that contribute to the synergistic advancement of urban digitalization and low-carbonization. Overall, the paper is essential not only to deepen understanding of the relationship between urban digitalization and low-carbonization but also to formulate policies for their coordinated development.
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Affiliation(s)
- Siliang Guo
- School of Economics and Management, Qilu Normal University, Jinan, Shandong, China
- School of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, Jiangsu, China
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9
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Zhang Z, Zheng C, Lan L. Smart city pilots, marketization processes, and substantive green innovation: A quasi-natural experiment from China. PLoS One 2023; 18:e0286572. [PMID: 37756269 PMCID: PMC10529645 DOI: 10.1371/journal.pone.0286572] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Grants] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Received: 10/13/2022] [Accepted: 05/19/2023] [Indexed: 09/29/2023] Open
Abstract
The world's major economies are striving to control carbon emissions and avoid irreversible impacts on the natural environment. Therefore, innovative green technologies are crucial for both government departments and the private sector as an important way to address carbon emissions. This study aims to investigate the link between the government's smart city construction and corporate green innovation and optimize the policy guidelines that drive green innovation in enterprises. This study analyzes 6,104 panels of Chinese listed companies from 2007-2019. An approach called the Differences-in-Differences model was applied to evaluate hypotheses. The empirical results suggest that smart city pilots drove substantial green innovation in businesses. The marketization process has a moderating effect on the impact of smart city pilots on substantive green innovation in enterprises. Moreover, marketization process has a threshold effect in smart city pilots influencing the substantive green innovation of enterprises, and the effect of smart city drivers influencing the substantive green innovation of enterprises increases significantly when regional marketization process reaches a certain level. The findings of this study provide valuable guidance for policy designers to promote corporate green innovation at both the hardware facility level and the market system level of cities when developing policies related to green innovation.
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Affiliation(s)
- Zhi Zhang
- Department of Financial Management, Fuzhou University of International Studies and Trade, Fuzhou, China
| | - Chengting Zheng
- Department of Financial Management, Fuzhou University of International Studies and Trade, Fuzhou, China
| | - Longyao Lan
- Department of Financial Management, Fuzhou University of International Studies and Trade, Fuzhou, China
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10
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Yuan H, Liu J, Li X, Zhong S. The impact of industrial collaborative agglomeration on total factor carbon emission efficiency in China. Sci Rep 2023; 13:12347. [PMID: 37524781 PMCID: PMC10390566 DOI: 10.1038/s41598-023-39631-3] [Citation(s) in RCA: 2] [Impact Index Per Article: 2.0] [Reference Citation Analysis] [Abstract] [Grants] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Received: 05/05/2023] [Accepted: 07/27/2023] [Indexed: 08/02/2023] Open
Abstract
Improving total factor carbon emission efficiency (TCE) is the key to achieving carbon emission reduction targets while ensuring economic growth. In this paper, the global Malmquist index based on the SBM model is used to measure TCE of 283 cities in China from 2011 to 2019. On this basis, this paper uses the spatial econometric model and intermediary effect model to empirically analyze the impact of industrial co-agglomeration on TCE and its transmission mechanism. Furthermore, considering the differences in geographical location and resource endowment among regions, this paper analyzes the heterogeneous effect of industrial collaboration agglomeration on TCE in different regions and cities. The results show that: (1) Industrial co-agglomeration can improve TCE, and its main transmission channel is technological innovation. (2) Industrial co-agglomeration has a positive spatial spillover effect. Industrial co-agglomeration in one region can improve the TCE in the surrounding regions. (3) Industrial co-agglomeration of cities with different geographic locations and resource endowments has a heterogeneous effect on TCE. Regarding geographical heterogeneity, the industrial co-agglomeration in the eastern region has the greatest promoting effect on TCE, followed by the central region. However, the impact of industrial co-agglomeration in the western region on TCE is not significant. Regarding resource endowment heterogeneity, the industrial co-agglomeration in non-resource-based cities has a greater promoting effect on TCE than that in resource-based cities.
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Affiliation(s)
- Honglin Yuan
- Jiangxi University of Finance and Economics, Nanchang, 330000, Jiangxi, People's Republic of China
| | - Jia Liu
- Jiangxi University of Finance and Economics, Nanchang, 330000, Jiangxi, People's Republic of China.
| | - Xiaona Li
- Harbin University of Commerce, Harbin, 150028, Heilongjiang, People's Republic of China
| | - Shen Zhong
- Harbin University of Commerce, Harbin, 150028, Heilongjiang, People's Republic of China
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Chen J, Zhu D, Ren X, Luo W. Does digital finance promote the "quantity" and "quality" of green innovation? A dynamic spatial Durbin econometric analysis. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023:10.1007/s11356-023-27454-8. [PMID: 37178291 DOI: 10.1007/s11356-023-27454-8] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Grants] [Track Full Text] [Subscribe] [Scholar Register] [Received: 03/22/2023] [Accepted: 05/02/2023] [Indexed: 05/15/2023]
Abstract
Based on the panel data of 284 prefecture-level cities in China, this paper uses the dynamic spatial Durbin model to explore the impact of digital finance on green innovation from the dimensions of "quantity" and "quality." The results show that digital finance has a positive impact on both the quality and quantity of green innovation in local cities, but the development of digital finance in neighboring cities has a negative impact on the quantity and quality of green innovation in local cities, and the impact on the quality of green innovation is greater than that on the quantity of green innovation. And after a series of robustness tests, it was shown that the above conclusions are robust. In addition, digital finance can have a positive impact on green innovation mainly through industrial structure upgrading and informatization level. Heterogeneity analysis shows that the breadth of coverage and the degree of digitization are significantly related to green innovation, and digital finance has a more significant positive impact in eastern cities than in mid-western cities.
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Affiliation(s)
- Jinyu Chen
- School of Business, Central South University, Changsha, 410083, China
- Institute of Metal Resources Strategy, Central South University, Changsha, 410083, China
| | - Dandan Zhu
- School of Business, Central South University, Changsha, 410083, China
| | - Xiaohang Ren
- School of Business, Central South University, Changsha, 410083, China.
| | - Wenjing Luo
- School of Business, Central South University, Changsha, 410083, China
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