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DOI10.3390/su16051760
How Does the Low-Carbon City Pilot Policy Affect Enterprises' Green Innovation? Empirical Evidence from the Context of China's Digital Economy Development
Song, Yinghao; Bian, Zhaian; Ma, Nianzhai; Tu, Wei
发表日期2024
EISSN2071-1050
起始页码16
结束页码5
卷号16期号:5
英文摘要The integrated development of green innovation and digital economy is crucial for addressing global climate change, promoting the application and popularization of digital technologies in the green sector, and achieving efficient, intelligent, and sustainable economic development and lifestyles. Using panel data from China's listed enterprises from 2003 to 2021, this study examines the impacts of environmental regulations on green innovation in the low-carbon city pilot policy (LCCPP) context, which serves as a quasi-natural experiment in the digital economy. The results show that LCCPP effectively enhances enterprises' green innovation by increasing enterprises' environmental and research and development investments, and boosting digital transformation. Heterogeneity analysis reveals that the promotion effect of LCCPP on green innovation is highly pronounced for enterprises in the eastern region, for those with low financial constraints, and for technology-intensive enterprises. This effect is closely and positively correlated with the digital economy level in the regions where the enterprises are located. This study provides new empirical evidence for the relationship between environmental regulations and enterprises' green innovation and discusses policy support for addressing global climate change challenges through environmental regulations in the digital economy context, thereby promoting global sustainable development.
英文关键词low-carbon city pilot policy; green innovation; porter hypothesis; digital economy
语种英语
WOS研究方向Science & Technology - Other Topics ; Environmental Sciences & Ecology
WOS类目Green & Sustainable Science & Technology ; Environmental Sciences ; Environmental Studies
WOS记录号WOS:001183124400001
来源期刊SUSTAINABILITY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/288009
作者单位Central University of Finance & Economics; Central University of Finance & Economics
推荐引用方式
GB/T 7714
Song, Yinghao,Bian, Zhaian,Ma, Nianzhai,et al. How Does the Low-Carbon City Pilot Policy Affect Enterprises' Green Innovation? Empirical Evidence from the Context of China's Digital Economy Development[J],2024,16(5).
APA Song, Yinghao,Bian, Zhaian,Ma, Nianzhai,&Tu, Wei.(2024).How Does the Low-Carbon City Pilot Policy Affect Enterprises' Green Innovation? Empirical Evidence from the Context of China's Digital Economy Development.SUSTAINABILITY,16(5).
MLA Song, Yinghao,et al."How Does the Low-Carbon City Pilot Policy Affect Enterprises' Green Innovation? Empirical Evidence from the Context of China's Digital Economy Development".SUSTAINABILITY 16.5(2024).
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