Does the digital economy promote industrial green transformation? Evidence from spatial Durbin model
Mingyue Du and
Siyu Ren
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Mingyue Du: School of Social Science, Swinburne University of Technology, Melbourne, Australia
Siyu Ren: School of Economics, Nankai University, Tianjin, China
Journal of Information Economics, 2023, vol. 1, issue 1, 1-17
Abstract:
The digital economy based on digital technology is an important force for high-quality economic growth and industrial transformation, and has great potential for value creation. Based on the data of 30 provinces in China from 2007 to 2017, this paper uses entropy method to calculate the industrial green transformation (IGT), and empirically analyzes the impact of Digital economy on IGT. The DE can significantly reduce IGT of local and neighboring areas after excluding the influence of macro system factors and replacing the spatial weight matrix. The DE can indirectly reduce the IGT by accelerating the accumulation of human capital, and green technology innovation. The impact of digital economy on IGT is a non-linear relationship. With the further improvement of environmental regulation, financial development and intellectual property protection, the role of digital economy in IGT is more obvious. To this end, it is necessary to speed up the construction and improvement of digital infrastructure, build an integrated layout of "digital infrastructure", give full play to the radiating role of the digital economy, and implement differentiated development paths based on regional comparative advantages.
Keywords: Digital economy; Industrial green transformation; Environmental Regulation; Spatial Durbin model; China (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:bba:j00008:v:1:y:2023:i:1:p:1-17:d:81
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