The Impact of Digital Innovation on Total Factor Carbon Emission Efficiency
CHEN Yingwu
2024 (06):
79-88.
In the critical period of achieving carbon peaking and carbon neutrality, leveraging the advantages of digital innovation to enhance total factor carbon emission efficiency is crucial. This paper employs panel data from 272 Chinese cities spanning from 2009 to 2021, using patents related to the digital economy to represent the level of digital innovation, and examines the impact of digital innovation on total factor carbon emission efficiency. The findings are as follows: (1)Digital innovation significantly improves total factor carbon emission efficiency, and this result is robust to policy influence exclusion, variable replacement and instrumental variable tests. (2)Heterogeneity analysis reveals that in the central regions, digital innovation has a significantly positive impact on total factor carbon emission efficiency, whereas in the eastern and western regions, this promotion effect is not significant. Both in provincial capitals and non-provincial capitals, digital innovation promotes total factor carbon emission efficiency, with a more pronounced effect in provincial capitals. (3)Mechanism analysis indicates that digital innovation significantly promotes industrial structure transformation and upgrading, accelerates the pace of green innovation, and enhances the intensity of environmental regulation, thereby improving total factor carbon emission efficiency. This study addresses the impact and mechanisms of digital innovation on total factor carbon emission efficiency, providing valuable insights for accelerating digital innovation, improving total factor carbon emission efficiency, and promoting a comprehensive green and low-carbon transformation of economic and social development.
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