Impacts of digital economy agglomeration on carbon emission: A two-tier stochastic frontier and spatial decomposition analysis of China

Wang, Lulu; Chen, Leyi

doi:10.1016/j.scs.2023.104624

Cited by 23 publications

(7 citation statements)

References 60 publications

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“…Digital technology is essential in helping the global response to climate change. Digital technology can deeply integrate with energy, power, industry, transportation, buildings, and other key carbon emission fields, effectively improve the use efficiency of energy and resources, and realize the double improvement of production efficiency and (Yang et al, 2022;Wang and Chen, 2023), the contribution of this study, of course, is to reveal new paths for DT to reduce carbon emissions, especially the role of VA. In addition, the heterogeneity of carbon emission reduction by digital technologies revealed in this study is also helpful in ecology because it considers the resource endowment of cities themselves rather than simply classifying them according to geographical location.…”

Section: Discussionmentioning

confidence: 99%

Can digital technology reduce carbon emissions? Evidence from Chinese cities

Liu,

Wang,

Shen

2023

Front. Ecol. Evol.

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IntroductionGlobal warming presents significant challenges to the sustainable development of human society. Accelerating the achievement of carbon peak and neutrality is the vision for creating a global ecological community with a shared future. The development of digital technology provides us with the direction of action.MethodsBased on panel data from 276 cities in China from 2011 to 2020, principal component analysis was used to measure the basic state of digital technology at the city level, and the twoway fixed effects model and instrumental variable method to verify the impact of digital technology on carbon emissions from the perspective of technology diffusion.ResultsThe results show that the deep diffusion of digital technology in the real economy sector is helpful to improve productivity and carbon efficiency, thus significantly reducing carbon emissions. The role of digital technologies in reducing carbon emissions is heterogeneous. The results of the sub-sample test show that digital technology has a stronger emission reduction effect in large-scale cities, resource-based cities, smart cities and emission trading policy pilot areas. Digital technology can reduce carbon emissions by improving energy efficiency, promoting green technology innovation, and promoting virtual agglomeration.DiscussionsThe contribution of this paper is that it not only reveals that digital technology can reduce carbon emissions but also analyzes the emission reduction path of digital technology from a new perspective. The conclusion of this paper has implications for accelerating the diffusion of digital technology in the real economy sector to accelerate the realization of green production and cope with climate change.

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Section: Discussionmentioning

confidence: 99%

Can digital technology reduce carbon emissions? Evidence from Chinese cities

Liu,

Wang,

Shen

2023

Front. Ecol. Evol.

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“…Digital technology is distinguished by its potential to overcome spatial and temporal constraints, increasing the interconnection and permeability of activities between regions [43]. The digital economy overcomes spatial and temporal barriers, closely links multiple links in the agricultural industry chain, creates a spatial agglomeration effect, optimizes resource allocation [44], lowers production costs, and thus reduces agricultural carbon emissions. Simultaneously, through information sharing, technology sharing, and cross-regional knowledge flow [45], the digital economy considerably increases regional agricultural production efficiency and energy utilization efficiency, lowering agricultural carbon emissions on a larger scale.…”

Section: The Digital Economy's Spatial Spillover Effects On Agricultu...mentioning

confidence: 99%

Research on the Impact of the Digital Economy and Technological Innovation on Agricultural Carbon Emissions

Li,

Sheng,

Zhang

et al. 2024

Land

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The digital economy, closely linked to agricultural progress, plays a key role in reducing agricultural carbon emissions. By utilizing panel data between 2011 and 2021 from 30 Chinese provincial-level regions, the present work empirically assesses the direct impact and nonlinear spatial spillover effects of the digital economy on agricultural carbon emissions, where methodologies including fixed effects, threshold models, and spatial econometrics are employed. The results were as follows: (1) The digital economy led to remarkable inhibition of agricultural carbon emissions, which was consistent across various robustness checks. (2) The carbon reduction efficiency of the digital economy presented obvious spatial variation, which had a greater negative effect in eastern regions and major grain-producing regions. (3) The digital economy had a nonlinear impact on agricultural carbon emissions, and technological innovation played a threshold effect, showing an “inverted U-shaped” characteristic of increasing first and then decreasing overall. (4) This emission abatement effect also showed a significant spatial spillover aspect, meaning that the digital economy development in one area prominently abates agricultural carbon emissions in adjacent provinces. Our findings might provide a theoretical and empirical foundation for comprehending and addressing agricultural carbon emissions abatement in China from the digital economy perspective.

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“…The country has become the most desirable destination in the world for green investment thanks to a boom in investment in environmentally friendly firms. (Wang & Chen, 2023) To meet its goal of becoming carbon neutral by 2060, China has recently pledged to spend heavily in green infrastructure and technologies. Nothing accomplished in the past and nothing planned for the future would have been possible without government support.…”

Section: Introductionmentioning

confidence: 99%

The Construction of Two-tier Equity Structure of Joint Stock Companies in China from the Perspective of Green Finance

Shanshan Yue

2024

jes

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In this modern era business and changing landscapes, the construction of a two-tier equity structure within Chinese joint stock companies has proved to be a very innovative and augmented strategy. This paper scrutinizes the unorthodox integration of financial architecture and ecological sustainability by evaluation of this structure through the lens of green finance. The interlacing of the principles of environmental responsibility with mainframes of corporate governance enlightens the unique dynamics and outcomes of the two-tier equity model. This study comprehensively analyses and elucidates how this mainframe facilitates the shareholder interests as they align with long-term ecological objectives. This in turn cultivates a promising environment for sustainable development. As we draw onto the theoretical calculations and perspective supplemented with empirical evidences, this research study gives birth to amenable perspectives that the green finance has the potential to transform the Chinese context by shaping the future trajectory of corporate structures. Using a dataset consisting of Chinese publicly traded companies from 2001-2017, this study investigates how a lack of funding has led to a scarcity of environmentally friendly technologies in China. We also investigate how green finance laws help businesses overcome financial hurdles on the road to eco-friendly innovation. It has been observed that a company's capacity for green innovation decreases as its financial constraints grow, and that privately held businesses are at greater danger of this happening than government-owned ones.

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Impacts of digital economy agglomeration on carbon emission: A two-tier stochastic frontier and spatial decomposition analysis of China

Cited by 23 publications

References 60 publications

Can digital technology reduce carbon emissions? Evidence from Chinese cities

Can digital technology reduce carbon emissions? Evidence from Chinese cities

Research on the Impact of the Digital Economy and Technological Innovation on Agricultural Carbon Emissions

The Construction of Two-tier Equity Structure of Joint Stock Companies in China from the Perspective of Green Finance

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