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Innovation in emerging economies: Research on the digital economy driving high-quality green development

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  • Ma, Dan
  • Zhu, Qing

Abstract

This paper measures the level of urban digital economy and high-quality green development in China, seeking to reveal the mechanisms and influences of the digital economy in a unified framework. The results demonstrate that the digital economy can directly drive high-quality green development, and industrial structure adjustment and green technology innovation are significant mediating mechanisms. Meanwhile, it has positive nonlinear effects on high-quality green development, but the marginal effects are clearly diminishing. Further study shows city-specific heterogeneity effects, and digital dividends in eastern cities, key urban agglomerations, and high-level cities are more fully released. Moreover, the digital economy can affect high-quality green development in neighboring areas through spatial spillover effects. The conclusions are robust after adopting instrumental variables and smart city construction as a quasi-natural experiment. The findings could provide decision-making references for policymakers and professionals in emerging economies to enhance green development.

Suggested Citation

  • Ma, Dan & Zhu, Qing, 2022. "Innovation in emerging economies: Research on the digital economy driving high-quality green development," Journal of Business Research, Elsevier, vol. 145(C), pages 801-813.
    • Handle: RePEc:eee:jbrese:v:145:y:2022:i:c:p:801-813
    DOI: 10.1016/j.jbusres.2022.03.041
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