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DOI | 10.3390/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 |
EISSN | 2071-1050 |
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
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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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