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Does the digital economy promote industrial green transformation? Evidence from spatial Durbin model

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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)

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.

Suggested Citation

  • Mingyue Du & Siyu Ren, 2023. "Does the digital economy promote industrial green transformation? Evidence from spatial Durbin model," Journal of Information Economics, Anser Press, vol. 1(1), pages 1-17, January.
    • Handle: RePEc:bba:j00008:v:1:y:2023:i:1:p:1-17:d:81
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    References listed on IDEAS

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    Cited by:

    1. Lingjuan Xu & Yijiang Liu & Beibei Xiang & Qunwei Wang, 0000. "The Impact of Digital Finance on the High-quality development of Manufacturing Industry: Evidence from China," Proceedings of Economics and Finance Conferences 14716391, International Institute of Social and Economic Sciences.
    2. Xiaowei Song & Jun Yang, 2024. "Assessing the impact of digitization and servitization of manufacturing firms in the context of carbon emission reduction: Evidence from a microsurvey in China," Energy & Environment, , vol. 35(7), pages 3340-3385, November.
    3. Xiaodong Yang & Yang Xu & Asif Razzaq & Desheng Wu & Jianhong Cao & Qiying Ran, 2024. "Roadmap to achieving sustainable development: Does digital economy matter in industrial green transformation?," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(3), pages 2583-2599, June.
    4. Wang, Mengying & Ren, Siyu & Xie, Guo, 2024. "Going “green trade”: Assessing the impact of digital technology application on green product export," Technology in Society, Elsevier, vol. 77(C).
    5. Wenchao Bu & Siyu Ren, 2023. "Government's green grip: Does industrial policy improve firm environmental performance?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(6), pages 3026-3042, September.

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