Supply chain digitization and continuous green innovation: Evidence from China

IF 13.6 2区经济学 Q1 ECONOMICS

Energy Economics Pub Date : 2025-02-01 DOI:10.1016/j.eneco.2024.108158

Gaoyang Jiang , Jie Peng , Xintong Liang , Junyu Pan

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引用次数: 0

Abstract

This study explores the causality between supply chain digitization and continuous green innovation (CGI). It constructs a dataset covering green patent applications, financial data of listed companies, and the economic profiles of cities from 2013 to 2022. The research leverages the supply chain pilot policy introduced by the Chinese government in 2018 as a quasi-natural experiment, employing various instruments for analysis such as difference-in-differences model and event study method. The empirical findings indicate that (1) supply chain digitization significantly boosts CGI; (2) this impact is more pronounced in high-tech companies, those with highly concentrated supply chains, and those with superior governance standards; (3) financing constraints, risk-taking capability, and investor attention are the key intrinsic mechanisms through which supply chain digitization influences CGI; (4) the positive effect of supply chain digitization on CGI enhances company performance and promotes spatial cooperation. These results offer valuable insights for improving supply chain management and achieving sustainable development.

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来源期刊

Energy Economics ECONOMICS-

CiteScore

18.60

自引率

12.50%

发文量

524

期刊介绍： Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.