IDEAS home Printed from https://ideas.repec.org/a/gam/jecomi/v12y2024i5p120-d1395251.html
   My bibliography  Save this article

Digital Economy Development, Common Prosperity, and Carbon Emissions: An Empirical Study in China

Author

Listed:
  • Jingke Gao

    (Institute of Advanced Study, China University of Geosciences (Wuhan), Wuhan 430074, China)

  • Wenxiao Zhou

    (School of Economics and Management, China University of Geosciences (Wuhan), Wuhan 430074, China)

  • Jinhua Cheng

    (School of Economics and Management, China University of Geosciences (Wuhan), Wuhan 430074, China
    Collaborative Innovation Center for Emissions Trading System Co-Constructed by the Province and Ministry, Wuhan 430205, China)

  • Ziyuan Liu

    (School of Innovation and Entrepreneurship, Wuhan Institute of Technology, Wuhan 430205, China)

Abstract

Under the new development model, the digital economy has become a new engine to promote the green development of the economy and realize the goal of “double carbon”. Based on the panel data of 30 provinces in China from 2010 to 2020, this paper empirically investigates the impact of the development of the digital economy on energy and carbon emissions using a series of econometric models such as baseline regression, a mechanism test, and the spatial Durbin model, etc. Common prosperity plays an intermediary role between digital economy development and carbon emissions; digital economic development optimizes resource allocation, effectively solves the problem of uneven resource distribution, and reduces energy and carbon emissions while achieving common prosperity. In addition, green innovation, industrial structure, urbanization level, R&D intensity, and the degree of marketization also have different degrees of influence on energy and carbon emissions. Therefore, the government should accelerate the construction of new digital infrastructure and implement the digital economy development strategy according to local conditions, so as to promote the digital economy to produce a more significant carbon emission reduction effect.

Suggested Citation

  • Jingke Gao & Wenxiao Zhou & Jinhua Cheng & Ziyuan Liu, 2024. "Digital Economy Development, Common Prosperity, and Carbon Emissions: An Empirical Study in China," Economies, MDPI, vol. 12(5), pages 1-20, May.
    • Handle: RePEc:gam:jecomi:v:12:y:2024:i:5:p:120-:d:1395251
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7099/12/5/120/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7099/12/5/120/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mehmet Zahid Sobaci & Kadir Y. Eryigit, 2015. "Determinants of E-Democracy Adoption in Turkish Municipalities: An Analysis for Spatial Diffusion Effect," Local Government Studies, Taylor & Francis Journals, vol. 41(3), pages 445-469, May.
    2. 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.
    3. Tetsuya Tsurumi & Shunsuke Managi, 2010. "Decomposition of the environmental Kuznets curve: scale, technique, and composition effects," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 11(1), pages 19-36, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Jian & Wang, Dongqiang & Ji, Ming & Yu, Kuo & Qi, Mosha & Wang, Hui, 2024. "Digital literacy, relative poverty, and common prosperity for rural households," International Review of Financial Analysis, Elsevier, vol. 96(PB).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fujii, Hidemichi & Managi, Shunsuke, 2013. "Which industry is greener? An empirical study of nine industries in OECD countries," Energy Policy, Elsevier, vol. 57(C), pages 381-388.
    2. Lingzhang Kong & Jinye Li, 2022. "Digital Economy Development and Green Economic Efficiency: Evidence from Province-Level Empirical Data in China," Sustainability, MDPI, vol. 15(1), pages 1-26, December.
    3. Ran, Qiying & Yang, Xiaodong & Yan, Hongchuan & Xu, Yang & Cao, Jianhong, 2023. "Natural resource consumption and industrial green transformation: Does the digital economy matter?," Resources Policy, Elsevier, vol. 81(C).
    4. George Halkos & Iacovos Psarianos, 2016. "Exploring the effect of including the environment in the neoclassical growth model," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 18(3), pages 339-358, July.
    5. Hui Yang & Xiangda Xu, 2024. "Coupling and Coordination Analysis of Digital Economy and Green Agricultural Development: Evidence from Major Grain Producing Areas in China," Sustainability, MDPI, vol. 16(11), pages 1-29, May.
    6. Maurizio Lisciandra & Carlo Migliardo, 2017. "An Empirical Study of the Impact of Corruption on Environmental Performance: Evidence from Panel Data," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(2), pages 297-318, October.
    7. Kun Wang & Bing Chen & Yuhong Li, 2024. "Technological, process or managerial innovation? How does digital transformation affect green innovation in industrial enterprises?," Economic Change and Restructuring, Springer, vol. 57(1), pages 1-32, February.
    8. Nan Li & Beibei Shi & Rong Kang, 2023. "Analysis of the Coupling Effect and Space-Time Difference between China’s Digital Economy Development and Carbon Emissions Reduction," IJERPH, MDPI, vol. 20(1), pages 1-25, January.
    9. Sainan Cheng & Guohua Qu, 2023. "Research on the Effect of Digital Economy on Carbon Emissions under the Background of “Double Carbon”," IJERPH, MDPI, vol. 20(6), pages 1-27, March.
    10. Liu, Lee, 2012. "Environmental poverty, a decomposed environmental Kuznets curve, and alternatives: Sustainability lessons from China," Ecological Economics, Elsevier, vol. 73(C), pages 86-92.
    11. Managi, Shunsuke, 2012. "Trade, economic growth and environment," IDE Discussion Papers 342, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    12. Zhao, Xiaoyang & Weng, Zongyuan, 2024. "Digital dividend or divide: The digital economy and urban entrepreneurial activity," Socio-Economic Planning Sciences, Elsevier, vol. 93(C).
    13. Fatima Batool & Ibrahim A. Alhidary & Jhansi Rani Boda & Belal Mahmoud Alwadi & Khurshid Khudoykulov & Mohammad Haseeb, 2025. "Balancing Sustainability and Profitability: The Financial Effect of Green Innovation in Chinese High-Pollution Industries," Sustainability, MDPI, vol. 17(8), pages 1-29, April.
    14. Lingui Qin & Yan Zhang & Yige Wang & Xinning Pan & Zhe Xu, 2024. "Research on the Impact of Digital Green Finance on Agricultural Green Total Factor Productivity: Evidence from China," Agriculture, MDPI, vol. 14(7), pages 1-23, July.
    15. Li, Longda, 2024. "The environmental spillovers of buyers' digital transformation: Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 209(C).
    16. Zhang, Yijun & Meng, Zhenzhen & Song, Yi, 2023. "Digital transformation and metal enterprise value: Evidence from China," Resources Policy, Elsevier, vol. 87(PB).
    17. Qiao, Penghua & Liu, Siting & Fung, Hung-Gay & Wang, Chen, 2024. "Corporate green innovation in a digital economy," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 870-883.
    18. Suo, Xuekun & Zhang, Longting & Guo, Rong & Lin, Han & Yu, Mingchuan & Du, Xiuhong, 2024. "The inverted U-shaped association between digital economy and corporate total factor productivity: A knowledge-based perspective," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    19. Cuma Bozkurt & Yusuf Akan, 2014. "Economic Growth, CO2 Emissions and Energy Consumption: The Turkish Case," International Journal of Energy Economics and Policy, Econjournals, vol. 4(3), pages 484-494.
    20. Xin Tan & Jinfang Jiao & Ming Jiang & Ming Chen & Wenpeng Wang & Yijun Sun, 2024. "Digital Policy, Green Innovation, and Digital-Intelligent Transformation of Companies," Sustainability, MDPI, vol. 16(16), pages 1-23, August.

    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:gam:jecomi:v:12:y:2024:i:5:p:120-:d:1395251. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.