How digital industries affect China's carbon emissions? Analysis of the direct and indirect structural effects

Wang, Jianda; Dong, Xiucheng; Dong, Kangyin

doi:10.1016/j.techsoc.2022.101911

Cited by 106 publications

(35 citation statements)

References 63 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Furthermore, the emergence and development of fintech has also played an important role in promoting regional ecological protection (Dong et al, 2022; Li et al, 2022; Wang et al, 2022). First, as far as the financial industry is concerned, fintech has significantly promoted the development of green finance, providing financial support for more green production projects (Muganyi et al, 2021).…”

Section: Theoretical Analysis and Research Hypothesesmentioning

confidence: 99%

“…To be specific, on the supply side of financial services, fintech can promote technological change of the financial industry (Philippon, 2016), reduce its operating costs (Lee et al, 2021), accurately identify the risks and return expectations of innovative projects through cutting-edge digital technology (Song et al, 2021), and provide targeted financial services; on the demand side of financial services, companies innovating green technology can use digital technology to quickly and accurately transmit relevant information to financial institutions (Song et al, 2021), so as to alleviate the problem of information asymmetry between them, and enable companies to access to a variety of financial services flexibly and conveniently (Hall, 2002). Furthermore, the emergence and development of fintech has also played an important role in promoting regional ecological protection (Dong et al, 2022;Li et al, 2022;Wang et al, 2022). First, as far as the financial industry is concerned, fintech has significantly promoted the development of green finance, providing financial support for more green production projects (Muganyi et al, 2021).…”

Section: Fintech and Corporate Green Technology Innovationmentioning

confidence: 99%

See 1 more Smart Citation

Fintech and corporate green technology innovation: Impacts and mechanisms

2022

View full text Add to dashboard Cite

This paper uses the number of green patents granted of listed companies and the number of fintech companies in prefecture‐level cities in China from 2011 to 2018 to investigate the impact of fintech development on corporate green technology innovation and its mechanisms. We find that fintech can significantly promote corporate green technology innovation. Specifically, the promotion effect of fintech works through three channels: alleviating financing constraints, gathering scientific and technological talents, and optimizing environmental regulations. Heterogeneity tests find that its promotion effect is more significant for the eastern region, invention patents, state‐owned enterprises, and low environmental uncertainty.

show abstract

Section: Theoretical Analysis and Research Hypothesesmentioning

confidence: 99%

Section: Fintech and Corporate Green Technology Innovationmentioning

confidence: 99%

Fintech and corporate green technology innovation: Impacts and mechanisms

2022

View full text Add to dashboard Cite

show abstract

“…e dramatic increase in the energy emission of carbon driven by the growth of economy has led to global warming and caused a series of environmental problems [1]. e contradiction between energy conservation and emission reduction with the growth of economy and conservation of the environment is becoming increasingly prominent [2].…”

Section: Introductionmentioning

confidence: 99%

Analysis of the Coupled and Coordinated Relationship between Emission of Carbon: International Growth of Economy-Conservation of the Environment in China

Lan

2022

Mobile Information Systems

View full text Add to dashboard Cite

The coordinated and orderly development of both growth of economy and conservation of the environment is an important part of enhancing regional support capacity and achieving sustainable development. However, at the same time, the problem of environmental pollution and ecological damage in the province cannot be ignored more and more because of the lower resource utilization efficiency. The relationship between the emission of carbon and the growth of economy is a complex one. Energy, as an inherent driving factor of growth of economy, inevitably leads to the generation of emission of carbon while promoting the growth of economy. In such a context, how to reconcile energy consumption, emission of carbon, and economic growth is particularly important on the road to developing a low-carbon economy in China. The coordination of energy, economic, and environmental systems has a great impact on economic and social development, and only the coordinated development of energy, economic, and environmental systems is an important prerequisite to achieve sustainable economic and social development. This article frames the coupled coordination of emission of carbon international growth of the economy conservation of the environment in China and builds a theoretical foundation by defining relevant concepts and theories, summarizing the current situation of development, analyzing existing problems, and sorting out related mechanisms. The experimental results show that the results of lnc, lngdp, and lngdp2 are all at the 3% confidence level, so the coupled coordination model is very feasible. Therefore, this study can better play the role of the promotion between the two and use the coupled coordination model to quantitatively measure and analyze the coupling state of the emission of carbon and ecological environment in China, and deeply analyze the coupling state of growth of economy and ecological environment, so as to better realize the win-win situation of sustainable development of international growth of economy and protection of ecological environment.

show abstract

“…Additionally, the digital economy significantly contributes to the efficiency of technological innovation on the micro level (Nambisan et al, 2019). Some scholars have studied a low-carbon transition for the digital industry by delineating the production structure factor into three components (Wang et al, 2022a).…”

Section: Literature Reviewmentioning

confidence: 99%

Can the digital economy development curb carbon emissions? Evidence from China

Hao

Wen

et al. 2022

Front. Psychol.

View full text Add to dashboard Cite

“Carbon neutrality, carbon peaking” is China’s national commitment to the whole world about its plans to manage global climate change. China faces many severe challenges in fulfilling its commitments to reduce emissions. China’s digital economy is currently booming, and whether it can provide opportunities for reducing regional carbon emissions is worth exploring. This study constructed a comprehensive system to evaluate the development of its digital economy based on China’s regional data and empirically tested the direct, indirect, and spatial effects of the comprehensive development of digital economy on regional carbon emissions. In addition, it examined the special stage characteristics using a Hansen threshold model. This study found the following: first, the digital economy significantly suppresses carbon emissions in general, notably with a spatial spillover effect to neighboring provinces. Secondly, an analysis of the mechanism shows that the comprehensive development of a digital economy can restrain regional carbon emissions through industrial progress and the optimization of energy consumption. Third, there are double thresholds, special driving trends and an “inverted N-type” relationship with development. Fourth, a spatial heterogeneity analysis revealed that significant “local” and “neighboring” impacts on the reduction of carbon emissions only exist in the central and eastern areas. This study has a reference value for releasing the dividend of digital economy development and reducing carbon emissions.

show abstract

How digital industries affect China's carbon emissions? Analysis of the direct and indirect structural effects

Cited by 106 publications

References 63 publications

Fintech and corporate green technology innovation: Impacts and mechanisms

Fintech and corporate green technology innovation: Impacts and mechanisms

Analysis of the Coupled and Coordinated Relationship between Emission of Carbon: International Growth of Economy-Conservation of the Environment in China

Can the digital economy development curb carbon emissions? Evidence from China

Contact Info

Product

Resources

About