Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From China
The digital economy has introduced far-reaching innovations in the fields of government governance, enterprise production, and social operation. How to motivate the economic development mode towards a low-carbon and greenway transformation through the digital economy is a major issue concerning the...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2022-07-01
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| Series: | Frontiers in Environmental Science |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2022.953070/full |
| _version_ | 1818194078057103360 |
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| author | Wenfeng Ge Yang Xu Guangliang Liu Bing Shen Xufeng Su Lu Liu Xiaodong Yang Xiaodong Yang Qiying Ran Qiying Ran |
| author_facet | Wenfeng Ge Yang Xu Guangliang Liu Bing Shen Xufeng Su Lu Liu Xiaodong Yang Xiaodong Yang Qiying Ran Qiying Ran |
| author_sort | Wenfeng Ge |
| collection | DOAJ |
| description | The digital economy has introduced far-reaching innovations in the fields of government governance, enterprise production, and social operation. How to motivate the economic development mode towards a low-carbon and greenway transformation through the digital economy is a major issue concerning the Chinese government. However, there is scarce evidence to interpret the role mechanism of the digital economy on carbon emission efficiency from the factor misallocation scenario. Taking a database from 30 provincial-level administrative regions for the period from 2011 to 2019 in China as an example, the paper examines the effect of the digital economy on carbon emission efficiency, as well as explores its role mechanism deeply in terms of factor misallocation (capital misallocation and labor misallocation). The results suggest that there is a significant potential for the digital economy to contribute to carbon emission efficiency, as well as this finding, is valid when considering both the endogeneity issue and a series of robustness checks. Also, the digital economy can significantly contribute to carbon efficiency in both southern and northern regions, but more strongly in the northern region. Besides, the digital economy can inhibit the factor misallocation (labor misallocation and capital misallocation) level which ultimately improves carbon emission efficiency. Finally, as a digital economy, it can positively impact carbon efficiency in the long run by mitigating factor misallocation (labor misallocation and capital misallocation). |
| first_indexed | 2024-12-12T00:56:34Z |
| format | Article |
| id | doaj.art-6ea9b9926fe94109b6b42419972ccbee |
| institution | Directory Open Access Journal |
| issn | 2296-665X |
| language | English |
| last_indexed | 2024-12-12T00:56:34Z |
| publishDate | 2022-07-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj.art-6ea9b9926fe94109b6b42419972ccbee2022-12-22T00:43:51ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-07-011010.3389/fenvs.2022.953070953070Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From ChinaWenfeng Ge0Yang Xu1Guangliang Liu2Bing Shen3Xufeng Su4Lu Liu5Xiaodong Yang6Xiaodong Yang7Qiying Ran8Qiying Ran9School of Economics and Management, Xinjiang University, Urumqi, ChinaSchool of Economics and Management, Xinjiang University, Urumqi, ChinaSchool of Economics and Management, Xinjiang University, Urumqi, ChinaSchool of Economics and Management, Xinjiang University, Urumqi, ChinaSchool of Economics and Management, Xinjiang University, Urumqi, ChinaSchool of Economics and Management, Xinjiang University, Urumqi, ChinaSchool of Economics and Management, Xinjiang University, Urumqi, ChinaShanghai Business School, Shanghai, ChinaShanghai Business School, Shanghai, ChinaCenter for Innovation Management Research of Xinjiang, Xinjiang University, Urumqi, ChinaThe digital economy has introduced far-reaching innovations in the fields of government governance, enterprise production, and social operation. How to motivate the economic development mode towards a low-carbon and greenway transformation through the digital economy is a major issue concerning the Chinese government. However, there is scarce evidence to interpret the role mechanism of the digital economy on carbon emission efficiency from the factor misallocation scenario. Taking a database from 30 provincial-level administrative regions for the period from 2011 to 2019 in China as an example, the paper examines the effect of the digital economy on carbon emission efficiency, as well as explores its role mechanism deeply in terms of factor misallocation (capital misallocation and labor misallocation). The results suggest that there is a significant potential for the digital economy to contribute to carbon emission efficiency, as well as this finding, is valid when considering both the endogeneity issue and a series of robustness checks. Also, the digital economy can significantly contribute to carbon efficiency in both southern and northern regions, but more strongly in the northern region. Besides, the digital economy can inhibit the factor misallocation (labor misallocation and capital misallocation) level which ultimately improves carbon emission efficiency. Finally, as a digital economy, it can positively impact carbon efficiency in the long run by mitigating factor misallocation (labor misallocation and capital misallocation).https://www.frontiersin.org/articles/10.3389/fenvs.2022.953070/fulldigital economyfactor misallocationcarbon emission efficiencyregional heterogeneityeconomic development |
| spellingShingle | Wenfeng Ge Yang Xu Guangliang Liu Bing Shen Xufeng Su Lu Liu Xiaodong Yang Xiaodong Yang Qiying Ran Qiying Ran Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From China Frontiers in Environmental Science digital economy factor misallocation carbon emission efficiency regional heterogeneity economic development |
| title | Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From China |
| title_full | Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From China |
| title_fullStr | Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From China |
| title_full_unstemmed | Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From China |
| title_short | Exploring the Impact of the Digital Economy on Carbon Emission Efficiency Under Factor Misallocation Constraints: New Insights From China |
| title_sort | exploring the impact of the digital economy on carbon emission efficiency under factor misallocation constraints new insights from china |
| topic | digital economy factor misallocation carbon emission efficiency regional heterogeneity economic development |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2022.953070/full |
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