Can the digital economy promote the development of the energy economy? Evidence from China

In this paper, 22 indexes are selected at three levels, including the informatization development level, the Internet development level, and the digital transaction development level, based on China’s provincial panel data from 2011 to 2020, so as to build a digital economy development index system....

Full description

Bibliographic Details
Main Authors: Lili Jiang, Huawei Niu, Yufan Ru, Aihua Tong, Yifeng Wang
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-12-01
Series:Frontiers in Energy Research
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenrg.2023.1257794/full
_version_ 1797372992927301632
author Lili Jiang
Lili Jiang
Huawei Niu
Yufan Ru
Aihua Tong
Yifeng Wang
author_facet Lili Jiang
Lili Jiang
Huawei Niu
Yufan Ru
Aihua Tong
Yifeng Wang
author_sort Lili Jiang
collection DOAJ
description In this paper, 22 indexes are selected at three levels, including the informatization development level, the Internet development level, and the digital transaction development level, based on China’s provincial panel data from 2011 to 2020, so as to build a digital economy development index system. Moreover, 28 basic indexes are selected from three aspects, including energy construction, energy production and energy consumption, so as to develop an energy economy development evaluation index system. The development index of China’s digital economy and energy economy are measured by using the entropy weight method. The effect of the digital economy on the energy economy and its mechanism are tested by the static panel, the dynamic panel, and the mediating effect and regulating effect models. The results indicate that the digital economy has pronouncedly promoted the development of China’s energy economy, and the development of the digital economy can have an effect on the rationalization of the industrial structure and then affect the development of the energy economy, and there is an intermediary effect. Moreover, the upgrading of the industrial structure is conducive to regulating the digital economy and facilitates the development of the energy economy. The development of the energy economy can be better promoted by focusing on the coordinated regional layout of the digital economy development, building a reliable energy commodity trading platform, and expediting the optimization and upgrading of the industrial structure.
first_indexed 2024-03-08T18:43:52Z
format Article
id doaj.art-4d9f176f74114933b2953367c16644ba
institution Directory Open Access Journal
issn 2296-598X
language English
last_indexed 2024-03-08T18:43:52Z
publishDate 2023-12-01
publisher Frontiers Media S.A.
record_format Article
series Frontiers in Energy Research
spelling doaj.art-4d9f176f74114933b2953367c16644ba2023-12-29T04:14:46ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2023-12-011110.3389/fenrg.2023.12577941257794Can the digital economy promote the development of the energy economy? Evidence from ChinaLili Jiang0Lili Jiang1Huawei Niu2Yufan Ru3Aihua Tong4Yifeng Wang5School of Economics and Management, University of Mining and Technology, Xuzhou, ChinaSchool of Economics and Management, Suqian University, Suqian, ChinaSchool of Economics and Management, University of Mining and Technology, Xuzhou, ChinaRural Revitalization Institute, Fujian Agriculture and Forestry University, Fuzhou, ChinaSchool of Economics and Management, Suqian University, Suqian, ChinaSchool of Economics and Management, Suqian University, Suqian, ChinaIn this paper, 22 indexes are selected at three levels, including the informatization development level, the Internet development level, and the digital transaction development level, based on China’s provincial panel data from 2011 to 2020, so as to build a digital economy development index system. Moreover, 28 basic indexes are selected from three aspects, including energy construction, energy production and energy consumption, so as to develop an energy economy development evaluation index system. The development index of China’s digital economy and energy economy are measured by using the entropy weight method. The effect of the digital economy on the energy economy and its mechanism are tested by the static panel, the dynamic panel, and the mediating effect and regulating effect models. The results indicate that the digital economy has pronouncedly promoted the development of China’s energy economy, and the development of the digital economy can have an effect on the rationalization of the industrial structure and then affect the development of the energy economy, and there is an intermediary effect. Moreover, the upgrading of the industrial structure is conducive to regulating the digital economy and facilitates the development of the energy economy. The development of the energy economy can be better promoted by focusing on the coordinated regional layout of the digital economy development, building a reliable energy commodity trading platform, and expediting the optimization and upgrading of the industrial structure.https://www.frontiersin.org/articles/10.3389/fenrg.2023.1257794/fulldigital economyenergy economyentropy weight methodmediating effectregulating effect
spellingShingle Lili Jiang
Lili Jiang
Huawei Niu
Yufan Ru
Aihua Tong
Yifeng Wang
Can the digital economy promote the development of the energy economy? Evidence from China
Frontiers in Energy Research
digital economy
energy economy
entropy weight method
mediating effect
regulating effect
title Can the digital economy promote the development of the energy economy? Evidence from China
title_full Can the digital economy promote the development of the energy economy? Evidence from China
title_fullStr Can the digital economy promote the development of the energy economy? Evidence from China
title_full_unstemmed Can the digital economy promote the development of the energy economy? Evidence from China
title_short Can the digital economy promote the development of the energy economy? Evidence from China
title_sort can the digital economy promote the development of the energy economy evidence from china
topic digital economy
energy economy
entropy weight method
mediating effect
regulating effect
url https://www.frontiersin.org/articles/10.3389/fenrg.2023.1257794/full
work_keys_str_mv AT lilijiang canthedigitaleconomypromotethedevelopmentoftheenergyeconomyevidencefromchina
AT lilijiang canthedigitaleconomypromotethedevelopmentoftheenergyeconomyevidencefromchina
AT huaweiniu canthedigitaleconomypromotethedevelopmentoftheenergyeconomyevidencefromchina
AT yufanru canthedigitaleconomypromotethedevelopmentoftheenergyeconomyevidencefromchina
AT aihuatong canthedigitaleconomypromotethedevelopmentoftheenergyeconomyevidencefromchina
AT yifengwang canthedigitaleconomypromotethedevelopmentoftheenergyeconomyevidencefromchina