Digital financial inclusion and energy-environment performance: What can learn from China

Huang, Hongyun; Mbanyele, William; Fan, Shuangshuang; Zhao, Xin

doi:10.1016/j.strueco.2022.10.007

Cited by 32 publications

(2 citation statements)

References 74 publications

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“…According to the National Bureau of Statistics of China, in 2021, China discharged 7.28 billion tons of sewage and more than 10.5 billion tons of carbon, indicating that China is undergoing terrifying environmental pressure. In this regard, the central government has repeatedly emphasized to adhere to the guiding ideology “Clear waters and green mountains are as good as mountains of gold and silver”, focusing on addressing the problems that impede sustainable development, such as increased resource consumption and environmental damage (Du et al, 2022; Huang, Mbanyele, Fan, & Zhao, 2022; Zhong & Peng, 2022). Fortunately, green technology innovation provides new impetus to alleviate the above problems and affords strong technical support for green economic development (Huang et al, 2021; Yin & Yu, 2022; Ying et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Strategic or substantive innovation? The effect of government environmental punishment on enterprise green technology innovation

Guo

et al. 2023

Sustainable Development

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Under the conduction of decentralized environmental governance, environmental punishment has become a pivotal complementary tool for local government environment management and an intuitive reflection of governance efficiency. However, the literature concerning the effect of local government environmental punishment towards the green technology innovation of enterprises is void. To bridge this gap, this paper adopts the fixed‐effect model to investigate the impact of government environmental punishment on green technology innovation based on the data of China's A‐share listed enterprises from 2010 to 2020. The study finds that the punishment can significantly promote enterprises' green technology innovation. The distinction between the type of innovation reveals that environmental punishment promotes substantive green technology innovation of enterprises, while the effect on strategic green technology innovation is not significant. As far as the influence path is concerned, external pressure and internal incentive are both important mechanisms for environmental punishment to facilitate the green technology innovation of enterprises. Heterogeneity analysis demonstrates that the positive effect of punishment on green technology innovation is more prominent in non‐state‐owned enterprises, heavily polluting industries and regions with strong public awareness of environmental protection. Further discussion reveals that the facilitative effect of punishment on green technology innovation also significantly improves the environmental performance of enterprises. This paper not only confirms the positive role of government intervention in environmental protection, but also provides practical reference for how to improve enterprises' competitiveness.

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Section: Introductionmentioning

confidence: 99%

Strategic or substantive innovation? The effect of government environmental punishment on enterprise green technology innovation

Guo

et al. 2023

Sustainable Development

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“…The massive inflow of rural labor, providing the urban manufacturing sector with rural labor forces, contributes to rapid economic growth in last two decades. However, remarkable economic achievements and expansion of industrialization also brought severe environmental problem in the form of air and water pollution (Huang, Mbanyele, Fan, et al, 2022). Pollution generates a greater negative influence on the economy as the worse the pollution.…”

Section: Introductionmentioning

confidence: 99%

Green technological progress, agricultural modernization, and wage inequality: Lessons from China

Wang

Huang

Zhao

et al. 2023

Review Development Economics

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Carbon emission efficiency in the age of digital economy: New insights on green technology progress and industrial structure distortion

Yu,

Liu,

Yan

et al. 2024

Bus Strat Env

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There is a dual impact of the digital economy (DE) on carbon emission efficiency (CE). An in‐depth study of the impact of the DE on “local‐adjacent” CE at different spatial scales can support the debate on whether the digital economy is empowerment or impairment. This study reassesses the DE at the urban level from a micro‐perspective by cross‐referencing the data of listed companies with the information obtained from city yearbooks. Considering the potential spatial correlation of the digital economy, we use the spatial Durbin model to examine 281 cities from 2011 to 2019 and study the influence of the DE on “local‐adjacent” CE. We further explain the pathways of this influence from the perspectives of green technological progress and industrial structural distortion. The study findings indicate that the impact of DE on local CE exhibits a “U”‐shaped pattern overall while its impact on neighboring CE shows an inverted “U”‐shaped pattern. These conclusions are still valid even after conducting a series of robustness tests, including spatial difference‐in‐differences and spatial replacement matrix. Further research reveals that the impact of DE on neighboring CE weakens with increasing spatial distance. The promoting effect of DE on neighboring CE peaks at 250 km, and the inverted “U”‐shaped pattern holds within a range of 300 km. In the initial stages, green technological progress can mask the negative impact of DE on local CE while simultaneously improving CE within a 250‐km range of neighboring areas. However, in the later stages, DE exacerbates the distortion of neighboring industrial structures, thereby reducing neighboring CE. The lack of synergy in the scale and growth rate of DE development in different regions significantly reduces the enhancement effect of the digital economy on CE.

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Digital financial inclusion and energy-environment performance: What can learn from China

Cited by 32 publications

References 74 publications

Strategic or substantive innovation? The effect of government environmental punishment on enterprise green technology innovation

Strategic or substantive innovation? The effect of government environmental punishment on enterprise green technology innovation

Green technological progress, agricultural modernization, and wage inequality: Lessons from China

Carbon emission efficiency in the age of digital economy: New insights on green technology progress and industrial structure distortion

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