Digitalization and electricity consumption: Does internet development contribute to the reduction in electricity intensity in China?

Hao, Yu; Liu, Ying; Guo, Yunxia; Chai, Jingxia; Yang, Chuxiao; Wu, Haitao

doi:10.1016/j.enpol.2022.112912

Cited by 111 publications

(34 citation statements)

References 38 publications

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“…Generally speaking, the initial application will subvert the modes of operation of traditional industries by substantially improving production efficiency and reducing energy consumption (Bhujabal et al, 2021). However, the digital economy has network effects, and large-scale investments in digital infrastructure and its utilization will increase the intensity of demands for electricity, thus, resulting in a surge in demand for rare metals and energy consumption, which could postpone economic and ecological benefits (Li et al, 2020;Hao et al, 2022). Furthermore, the factors of production tend to congregate in high-return areas, which could have a detrimental influence on regional ecological efficiency, and the ability of digital economy to reduce carbon emissions could be greatly hindered at this stage of development.…”

Section: Literature Reviewmentioning

confidence: 99%

Can the digital economy development curb carbon emissions? Evidence from China

Hao

Wen

et al. 2022

Front. Psychol.

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“Carbon neutrality, carbon peaking” is China’s national commitment to the whole world about its plans to manage global climate change. China faces many severe challenges in fulfilling its commitments to reduce emissions. China’s digital economy is currently booming, and whether it can provide opportunities for reducing regional carbon emissions is worth exploring. This study constructed a comprehensive system to evaluate the development of its digital economy based on China’s regional data and empirically tested the direct, indirect, and spatial effects of the comprehensive development of digital economy on regional carbon emissions. In addition, it examined the special stage characteristics using a Hansen threshold model. This study found the following: first, the digital economy significantly suppresses carbon emissions in general, notably with a spatial spillover effect to neighboring provinces. Secondly, an analysis of the mechanism shows that the comprehensive development of a digital economy can restrain regional carbon emissions through industrial progress and the optimization of energy consumption. Third, there are double thresholds, special driving trends and an “inverted N-type” relationship with development. Fourth, a spatial heterogeneity analysis revealed that significant “local” and “neighboring” impacts on the reduction of carbon emissions only exist in the central and eastern areas. This study has a reference value for releasing the dividend of digital economy development and reducing carbon emissions.

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Section: Literature Reviewmentioning

confidence: 99%

Can the digital economy development curb carbon emissions? Evidence from China

Hao

Wen

et al. 2022

Front. Psychol.

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“…With the advancement of digital technology, the dissemination of Internet information is more effective in playing the role of ESG disclosure, urging companies to improve energy production efficiency and reduce energy consumption in order to achieve green and sustainable development (Hao et al, 2022;Ren et al, 2022). The ESG disclosure system is an important basic system for the capital market to implement the goals of carbon peaking and carbon neutrality.…”

Section: Literature Reviews and Hypothesis Developmentmentioning

confidence: 99%

Environmental, social, governance disclosure and corporate sustainable growth: Evidence from China

Wang¹,

Li²,

Deng-feng³

et al. 2022

Front. Environ. Sci.

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The ultimate goal of business development is to achieve sustainable corporate growth and maximize shareholder wealth. Whether and how ESG disclosure affects sustainable growth needs to be further explored. Combining stakeholder theory and signaling theory, a panel data test based on 300 listed companies in Shanghai and Shenzhen in China finds that ESG disclosure can positively promote sustainable growth compared with companies that do not disclose ESG disclosure, and the higher the level of ESG disclosure, the greater the promotion effect on sustainable growth; and ESG disclosure further enhances sustainable growth by reducing financing constraints and enhancing human capital. In addition, the positive relationship between ESG disclosure and corporate sustainable growth is particularly pronounced for non- environmentally sensitive industries and when external environmental uncertainty intensifies. Our findings enrich the research related to ESG disclosure, provide motivation to motivate firms to consciously practice ESG disclosure from a sustainable growth perspective, and contribute to a more detailed understanding of the mechanisms of ESG disclosure and sustainable corporate growth.

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“…Since the reform and opening up, China's economy has grown rapidly and the level of national welfare has practically improved, creating a “Chinese miracle.” Behind the high growth, the extensive development model has made China pay a heavy price in terms of resources and the environment, and the ecological and environmental problems are prominent (Hao et al, 2022 ). China's economy is in urgent need of transformation, from the pursuit of quantity expansion to the pursuit of quality and efficiency.…”

Section: Introductionmentioning

confidence: 99%

How does multidimensional R&D investment affect green innovation? Evidence from China

Yang

2022

Front. Psychol.

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Under the background of green development, multidimensional R&D investment and institutional quality have injected strong power into green innovation. Based on China's provincial panel data from 2009 to 2018, this study examines the threshold effect of R&D and R&D personnel input on China's green innovation capability from three perspectives, namely, political institutional quality, economic institutional quality, and legal institutional quality. The core study results show that the influence of R&D on China's green innovation capability has an obvious double-threshold effect based on institutional quality. This study expands the research on the influencing factors of green innovation and the influence effect of multidimensional R&D investment and provides a theoretical basis for regional green innovation management. In addition, the research results of this study provide a reference for accurately formulating regional green innovation capability promotion strategies.

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Digitalization and electricity consumption: Does internet development contribute to the reduction in electricity intensity in China?

Cited by 111 publications

References 38 publications

Can the digital economy development curb carbon emissions? Evidence from China

Can the digital economy development curb carbon emissions? Evidence from China

Environmental, social, governance disclosure and corporate sustainable growth: Evidence from China

How does multidimensional R&D investment affect green innovation? Evidence from China

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