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How Does the Digital Economy Empower Green Development? From the Perspective of the Division of Labor in New Classical Economics

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  • Dongchu Han

    (School of Business, Hunan University of Science and Technology, Xiangtan 411201, China)

  • Mianfang Liu

    (School of Mathematics and Computational Science, Hunan University of Science and Technology, Xiangtan 411201, China)

Abstract

The rise of the digital economy provides an alternative path for global green development. On the basis of analyzing the connotations of green development, digital economy and division of labor, this paper studies the theoretical mechanisms of the digital economy empowering green development; this is based on the division of labor thought of as the new classical economics. From the research results, it can be seen that the digital economy, through technological change, is conducive to the improvement of transaction efficiency and the evolution of the division of labor model. Under the dual role of the government’s green system and the market regulation mechanism, it promotes the transaction from the “black division of labor” mode to the “green division of labor” mode, thereby empowering green development. The impact of the digital economy on the level of green development is not single linear. This paper creatively analyzes the theoretical mechanisms of the digital economy empowering green development, from the perspective of the division of labor. These research results have good theoretical value and practical significance for promoting the sustainable development of the global economy.

Suggested Citation

  • Dongchu Han & Mianfang Liu, 2022. "How Does the Digital Economy Empower Green Development? From the Perspective of the Division of Labor in New Classical Economics," Sustainability, MDPI, vol. 14(23), pages 1-18, November.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:23:p:15740-:d:984741
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