Proceedings of the 2nd International Conference on Financial Innovation, FinTech and Information Technology, FFIT 2023, July 7–9, 2023, Chongqing, China

Research Article

A Study on the Mechanism of the Impact of Digital Economy on the Carbon Performance of Industrial Enterprises

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  • @INPROCEEDINGS{10.4108/eai.7-7-2023.2338035,
        author={Juan  Chen and Zhiguang  Guo and Chunxia  Fu},
        title={A Study on the Mechanism of the Impact of Digital Economy on the Carbon Performance of Industrial Enterprises},
        proceedings={Proceedings of the 2nd International Conference on Financial Innovation, FinTech and Information Technology, FFIT 2023, July 7--9, 2023, Chongqing, China},
        publisher={EAI},
        proceedings_a={FFIT},
        year={2023},
        month={10},
        keywords={digital economy carbon performance innovation},
        doi={10.4108/eai.7-7-2023.2338035}
    }
    
  • Juan Chen
    Zhiguang Guo
    Chunxia Fu
    Year: 2023
    A Study on the Mechanism of the Impact of Digital Economy on the Carbon Performance of Industrial Enterprises
    FFIT
    EAI
    DOI: 10.4108/eai.7-7-2023.2338035
Juan Chen1, Zhiguang Guo1,*, Chunxia Fu1
  • 1: Sichuan Agricultural University
*Contact email: 369346618@qq.com

Abstract

Digital economy is an essential engine to realize the "dual-carbon" goal in China. Clarifying the relationship between digital economy and carbon performance of industrial enterprises is of great significance in promoting the realization of the "dual- carbon" target. In order to better explore the mechanisms of the digital economy and industrial enterprise carbon performance, this article is based on the fixed effect model and selects 2471 A-share listed industrial enterprises in 2010 to 2019 data as research samples. First, through the benchmark regression, we discuss the relationship between the two, then test the mediation effect of innovation, and finally, we further discuss the heterogeneity. After empirical analysis, it is concluded that: i. The digital economy can remarkably improve the carbon performance of industrial companies; ii. The level of corporate innovation is an important channel for the digital economy to increase the carbon performance of industrial companies; iii. The impact of the digital economy on the improvement of the carbon performance of industrial companies is more obvious in the samples of the non-state-owned, manufacturing industries and the companies with stronger environmental regulations.