A Study on Digital Transformation Driving Green and Low Carbon in Manufacturing -- Empirical evidence from listed manufacturing companies in China
Year: 2023
Type: conference-paper
Abstract: Under the new development concept, it is the general trend for the manufacturing industry to be "green". The digitalization drive for the manufacturing industry's green and low-carbon transformation development is a vital engine to achieve high-quality growth. This paper takes the manufacturing data of Shanghai and Shenzhen main board of A-share listed companies from 2012 to 2022 as the research object, constructs the enterprise digital transformation index through the text analysis of Python software, and uses the green total factor productivity of enterprises to represent the degree of low-carbon transformation, constructs A fixed econometric model, and uses Stata software to run the analysis. From an empirical standpoint, this study examines how digitalization affects manufacturing companies' shift to becoming more environmentally friendly and low-carbon. The empirical results show that: ① The transformation of green and low-carbon manufacturing firms can be propelled by digitalization; ② Digitization indirectly promotes the green and low-carbon transformation of manufacturing enterprises by positively impacting the efficiency of green innovation; ③ In the west compared to the east, digitization has a greater influence on the manufacturing sector's transition to a low-carbon, green economy. The study's findings offer an empirical foundation on which businesses may create development plans and governments can enact guiding laws.
Authors: Hesi Pan, Jun Wang
Institution: Harbin University of Commerce
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4399117136