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How Artificial Intelligence Pilot Zones Enhance Corporate Green Resilience? Evidence from China’s Listed Firms with Double Machine Learning

Author

Listed:
  • Yuzeng Xin

    (School of Economics and Management, Nanning Normal University, Nanning 530299, China)

  • Xihao Zeng

    (School of Business, Guangxi University, Nanning 530004, China)

  • Jingru Gao

    (School of Law, Hainan Uinversity, Haikou 570228, China)

  • Guilin Xu

    (Key Laboratory of Environment Change and Resources Use in Beibu Gulf, Ministry of Education, Nanning Normal University, Nanning 530001, China)

Abstract

In the context of extreme climate events and increasingly stringent environmental regulation, insufficient corporate green resilience has become a micro-level bottleneck to achieving China’s “dual-carbon” targets. Using panel data on Chinese A-share listed firms from 2015 to 2023, this study treats the approval of the National Pilot Zone for Artificial Intelligence Innovation Applications as a quasi-natural experiment and employs a double machine learning (DML)–augmented difference-in-differences framework to estimate the causal impact of the policy on firms’ green resilience. We find that the pilot-zone policy significantly increases corporate green resilience by about 32%, with stronger effects among high-tech firms, non-heavily polluting industries, regulated sectors, and large enterprises. Mechanism analyses show that the policy improves green resilience through four channels—accelerating green innovation, enhancing supply-chain efficiency, alleviating financing constraints, and reducing operating costs—with innovation and supply-chain efficiency playing dominant roles. These findings provide firm-level causal evidence that AI-oriented place-based policies can strengthen firms’ capability to sustain green development under disturbances and inform the coordination of the “Digital China” and “Dual Carbon” agendas.

Suggested Citation

  • Yuzeng Xin & Xihao Zeng & Jingru Gao & Guilin Xu, 2026. "How Artificial Intelligence Pilot Zones Enhance Corporate Green Resilience? Evidence from China’s Listed Firms with Double Machine Learning," Sustainability, MDPI, vol. 18(11), pages 1-32, May.
  • Handle: RePEc:gam:jsusta:v:18:y:2026:i:11:p:5388-:d:1952932
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