IDEAS home Printed from https://ideas.repec.org/a/taf/jenpmg/v67y2024i4p897-918.html
   My bibliography  Save this article

Impact of information and communication technologies on corporate energy intensity: evidence from cross-country micro data

Author

Listed:
  • Huwei Wen
  • Meng Jiang
  • Shufang Zheng

Abstract

Using a sample of manufacturing enterprises from the World Bank Survey during the period from 2006 to 2020, this study explores the impact of information and communication technologies (ICT) on corporate energy intensity and its mechanisms. Empirical results show that ICT adoption significantly improves the energy intensity of manufacturing enterprises in emerging and developing countries; a change in the standard deviation of ICT adoption can contribute 22.58% of the difference in corporate energy intensity. On the one hand, ICT adoption intensifies market competition and reduces product price markups, leading manufacturing enterprises to reduce investment in energy conservation. On the other hand, ICT adoption is complementary to energy and can promote energy input to replace traditional factors such as labor and capital, thereby increasing corporate energy intensity. The market competition effect and factor substitution effect account for 14.96% and 73.71% of the total effect. This study also confirms the Solow Productivity Paradox in ICT adoption, leading to the failure of the productivity mechanism for ICT to reduce energy intensity.

Suggested Citation

  • Huwei Wen & Meng Jiang & Shufang Zheng, 2024. "Impact of information and communication technologies on corporate energy intensity: evidence from cross-country micro data," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 67(4), pages 897-918, March.
    • Handle: RePEc:taf:jenpmg:v:67:y:2024:i:4:p:897-918
    DOI: 10.1080/09640568.2022.2141104
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09640568.2022.2141104
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09640568.2022.2141104?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jenpmg:v:67:y:2024:i:4:p:897-918. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJEP20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.