How Does Digital Economy Promote Green Innovation? Empirical Evidence from Chinese Cities

This paper examines the impact of digital economy on the output of urban green innovation and its working mechanisms from the perspective of green technological innovation and on the basis of Chinese cities’ panel data. The empirical study indicates that the digital economy effectively improves the...

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Bibliographic Details
Published in:China Economic Transition 2022, Vol.5 (3), p.408-427
Main Authors: Wei, Shiwei, Du, Jinmin, Pan, Shuang
Format: Article
Language:English
Subjects:
Area planning & development
Business forms
Cities
Clean technology
Consumption
Costs
Digital economy
digital economy, green innovation, inclusiveness, high-quality development
Digital technology
Economic activity
Economic development
Economics
Efficiency
Empowerment
Innovations
Panel data
Pollution
Pollution control
Small cities
Spillover effect
Technological change
Transformation
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Summary:This paper examines the impact of digital economy on the output of urban green innovation and its working mechanisms from the perspective of green technological innovation and on the basis of Chinese cities’ panel data. The empirical study indicates that the digital economy effectively improves the output of urban green innovation in a way that is inclusive to medium and small cities and more effective in areas with a more market-oriented structure. Digital economy improves urban green innovation by promoting economic agglomeration and optimizing regional financial structure, to contribute to green technology’s spillover effect and provide a favorable financial environment for green innovation. Further analysis has found that green innovation arising from the development of digital economy effectively reduces pollution and emission. The conclusions provide meso-level empirical evidence for a profound understanding of digital economy’s impact on green innovation as well as theoretical guidance and policy recommendations for speeding up green transformation in the new context of development.
ISSN:2096-5478
DOI:10.3868/s060-014-022-0019-7