Can the digital economy boost rural residents’ income? Evidence from China based on the spatial Durbin model

Tao, Jiancong; Wang, Zhe; Xu, Yujie; Zhao, Boyu; Liu, Jiaqi

doi:10.1016/j.eap.2024.01.004

Cited by 11 publications

(1 citation statement)

References 23 publications

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“…The literature has explored the effects of digital economy development. At the macro level, the digital economy promotes economic development [12,13] and total factor productivity [14] and increases the income of non-city dwellers [15], but will exaggerate the uncertainty in job markets and income inequality [16] and reduce the employment share of low-skilled workers [17]. At the micro level, the digital economy promotes corporate innovation [18], facilitates business investment efficiency [19], and reduces financing challenges [20].…”

Section: Introductionmentioning

confidence: 99%

Can Digital Economy Development Facilitate Corporate ESG Performance?

Kong,

Goh,

Cao

2024

Sustainability

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As ESG (environmental, social, and corporate governance) is consistent with the spirit of sustainable development, it is useful to elevate ESG performance to realize the sustainable development of enterprise and society. Using the data of Chinese A-share listed firms in the period of 2011 to 2019, this paper takes the National Big Data Comprehensive Pilot Zone policy as a quasi-natural experiment and uses the difference-in-differences method to assess the effect of digital economy development on ESG performance. This paper reveals the following: (1) the digital economy can facilitate ESG performance; (2) digitalization of the economy helps enterprises to propel digital transformation, which in turn lifts ESG performance; (3) digital economy development has a deeper impact on private enterprises, especially for those in China’s capital cities; and (4) digital economy development moderates the inhibiting effect of ESG performance on corporate financial constraints. The findings of this paper indicate that digitalization of the economy can help to achieve sustainable development.

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