{"title":"How does the digital economy affect the green transition: The role of industrial intelligence and E-commerce","authors":"Chenchen Huang , Anna Min Du , Boqiang Lin","doi":"10.1016/j.ribaf.2024.102541","DOIUrl":null,"url":null,"abstract":"<div><p>As a new economic form, the digital economy (DE) significantly impacts green development. However, the impact of the DE on green total factor productivity (GTFP) remains controversial. A two-way fixed effect model is constructed to explore the impact of DE on green development. It is found that (1) there is a U-shaped relationship rather than a positive relationship between DE and GTFP. (2) Industrial intelligence and e-commerce are essential for DE to affect GTFP. (3) The DE affects GTFP mainly by promoting efficiency progress rather than technological progress. In addition, in regions where government attention to the DE is higher than others, the DE substantially contributes to GTFP. The potential of integrating the DE and the real economy needs to be further tapped. This paper presents pertinent policy suggestions and provides new empirical evidence and valuable reference for promoting green development.</p></div>","PeriodicalId":51430,"journal":{"name":"Research in International Business and Finance","volume":"73 ","pages":"Article 102541"},"PeriodicalIF":6.3000,"publicationDate":"2024-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in International Business and Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0275531924003349","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
As a new economic form, the digital economy (DE) significantly impacts green development. However, the impact of the DE on green total factor productivity (GTFP) remains controversial. A two-way fixed effect model is constructed to explore the impact of DE on green development. It is found that (1) there is a U-shaped relationship rather than a positive relationship between DE and GTFP. (2) Industrial intelligence and e-commerce are essential for DE to affect GTFP. (3) The DE affects GTFP mainly by promoting efficiency progress rather than technological progress. In addition, in regions where government attention to the DE is higher than others, the DE substantially contributes to GTFP. The potential of integrating the DE and the real economy needs to be further tapped. This paper presents pertinent policy suggestions and provides new empirical evidence and valuable reference for promoting green development.
期刊介绍:
Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance