{"title":"数字化与环境规制对全要素生产率的影响","authors":"Huwei Wen , Changyong Wen , Chien-Chiang Lee","doi":"10.1016/j.infoecopol.2022.101007","DOIUrl":null,"url":null,"abstract":"<div><p>Clean production and digitalization are the main directions of global manufacturing development under the new industrial revolution. Based on the application of digital technologies in enterprises caused by the smart city construction in China, this study adopts the difference-in-difference method to investigate the impact of digitalization and environmental regulation on total factor productivity. Using panel data on Chinese manufacturing listed enterprises from 2008 to 2019, this study finds that digitalization and environmental regulation can significantly improve the total factor productivity. It also shows that digitalization improves the total factor productivity of manufacturing enterprises by reducing transaction costs, facilitating servitization, and stimulating innovation investment. In addition, environmental regulation can force manufacturing enterprises to transform and improve their total factor productivity. However, the interaction between environmental regulation and digitalization has a significant negative impact on total factor productivity, implying that the paths of clean transformation and digitalization transformation is not coordinated. Our findings have implications for enacting effective policies to help manufacturing enterprises achieve digital transformation and clean production.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"61 ","pages":"Article 101007"},"PeriodicalIF":4.5000,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"40","resultStr":"{\"title\":\"Impact of digitalization and environmental regulation on total factor productivity\",\"authors\":\"Huwei Wen , Changyong Wen , Chien-Chiang Lee\",\"doi\":\"10.1016/j.infoecopol.2022.101007\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>Clean production and digitalization are the main directions of global manufacturing development under the new industrial revolution. Based on the application of digital technologies in enterprises caused by the smart city construction in China, this study adopts the difference-in-difference method to investigate the impact of digitalization and environmental regulation on total factor productivity. Using panel data on Chinese manufacturing listed enterprises from 2008 to 2019, this study finds that digitalization and environmental regulation can significantly improve the total factor productivity. It also shows that digitalization improves the total factor productivity of manufacturing enterprises by reducing transaction costs, facilitating servitization, and stimulating innovation investment. In addition, environmental regulation can force manufacturing enterprises to transform and improve their total factor productivity. However, the interaction between environmental regulation and digitalization has a significant negative impact on total factor productivity, implying that the paths of clean transformation and digitalization transformation is not coordinated. Our findings have implications for enacting effective policies to help manufacturing enterprises achieve digital transformation and clean production.</p></div>\",\"PeriodicalId\":47029,\"journal\":{\"name\":\"Information Economics and Policy\",\"volume\":\"61 \",\"pages\":\"Article 101007\"},\"PeriodicalIF\":4.5000,\"publicationDate\":\"2022-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"40\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Information Economics and Policy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0167624522000464\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Information Economics and Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0167624522000464","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Impact of digitalization and environmental regulation on total factor productivity
Clean production and digitalization are the main directions of global manufacturing development under the new industrial revolution. Based on the application of digital technologies in enterprises caused by the smart city construction in China, this study adopts the difference-in-difference method to investigate the impact of digitalization and environmental regulation on total factor productivity. Using panel data on Chinese manufacturing listed enterprises from 2008 to 2019, this study finds that digitalization and environmental regulation can significantly improve the total factor productivity. It also shows that digitalization improves the total factor productivity of manufacturing enterprises by reducing transaction costs, facilitating servitization, and stimulating innovation investment. In addition, environmental regulation can force manufacturing enterprises to transform and improve their total factor productivity. However, the interaction between environmental regulation and digitalization has a significant negative impact on total factor productivity, implying that the paths of clean transformation and digitalization transformation is not coordinated. Our findings have implications for enacting effective policies to help manufacturing enterprises achieve digital transformation and clean production.
期刊介绍:
IEP is an international journal that aims to publish peer-reviewed policy-oriented research about the production, distribution and use of information, including these subjects: the economics of the telecommunications, mass media, and other information industries, the economics of innovation and intellectual property, the role of information in economic development, and the role of information and information technology in the functioning of markets. The purpose of the journal is to provide an interdisciplinary and international forum for theoretical and empirical research that addresses the needs of other researchers, government, and professionals who are involved in the policy-making process. IEP publishes research papers, short contributions, and surveys.