The impact of digital economy development on carbon reduction in industrial enterprises:Evidence from A-share listed companies
YANG Siwei
LI Pin
Abstract：Utilizing data from A-share listed industrial companies(2011-2020)and provincial macroeconomic indicators in China,the research calculates the digital economy development index for 30 provinces using the TOPSIS entropy weight method.It employs fixed effect models and mediation effect models to analyze how digital economy development influences industrial enterprises'carbon emissions.The findings reveal that the digital economy reduces carbon emissions in these enterprises:A unit increase in the digital economy corresponds to a 0.576 unit decrease in carbon emissions.This result is consistent even after adjusting for endogeneity and using alternative variable measurement methods for robustness checks.Additionally,the digital economy fosters corporate technological innovation,aiding carbon reduction efforts in industrial enterprises.It also improves corporate management efficiency,though a"masking effect"may impede its positive impact on reducing carbon emissions.Notably,the carbon reduction benefits of the digital economy are more pronounced in state-owned,large-scale,mature enterprises,and in the eastern region.
Keywords：carbon peak and neutralitydigital economyindustrial enterprisescarbon reductionfixed effect modelrobust test
Publication Date：2024-03-20
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：11( 105-115 )