Impact of Digital Transformation on Enterprise Carbon Intensity: The Moderating Role of Digital Information Resources
- PMID: 36767545
- PMCID: PMC9915449
- DOI: 10.3390/ijerph20032178
Impact of Digital Transformation on Enterprise Carbon Intensity: The Moderating Role of Digital Information Resources
Abstract
In the context of China's "digital power" strategy, the realization of a green and low-carbon shift in manufacturing has become a necessary condition to promote the economy, and the digital factor has increasingly become a new driving force. The text mining and IPCC methods were used to measure manufacturing enterprise digitalization and the level of enterprise carbon emission intensity from 2011 to 2021, respectively. This study then explored the impact of digitalization on manufacturing enterprise carbon emission intensity based on the least squares method model and instrumental variable method model. This research comes to three conclusions. (1) Digitalization can significantly reduce the enterprise carbon emission intensity of China's manufacturing industry, and the influence shows a "marginal increase." (2) Notably, a mechanism analysis indicates the intermediary effect sizes of four crucial intermediaries: green technology innovation > financing constraint > information asymmetry > energy use efficiency. Interestingly, digital information resources positively moderate the positive effect of digitalization on carbon emission intensity through three paths: financing constraints, green technology innovation, and information asymmetry. (3) The influence shows evident signs of heterogeneity-as environmental regulation, financial development, executive education, and R&D quality advance, the inhibiting effect of digitalization on enterprise carbon emission intensity becomes more pronounced. Finally, corresponding policy suggestions are proposed.
Keywords: carbon emission intensity; digital information resources; digital transformation; financing constraints; green innovation; information asymmetry.
Conflict of interest statement
The authors declare no conflict of interest. The funders had no role in the design of the study; in the collection, analyses, or interpretation of data; in the writing of the manuscript, or in the decision to publish the results.
Figures
References
-
- Alharthi M., Hanif I., Alamoudi H. Impact of environmental pollution on human health and financial status of households in MENA countries: Future of using renewable energy to eliminate the environmental pollution. Renew. Energy. 2022;190:338–346. doi: 10.1016/j.renene.2022.03.118. - DOI
-
- Hao X., Wang X., Wu H., Hao Y. Path to sustainable development: Does digital economy matter in manufacturing green total factor productivity? Sustain. Dev. 2022;30:787–1450. doi: 10.1002/sd.2397. - DOI
Publication types
MeSH terms
Substances
LinkOut - more resources
Full Text Sources