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Title Digital economy policy and corporate low-carbon innovation: Evidence from a quasi-natural experiment in China
ID_Doc 30984
Authors Hunjra, AI; Zhao, SK; Goodell, JW; Liu, XQ
Title Digital economy policy and corporate low-carbon innovation: Evidence from a quasi-natural experiment in China
Year 2024
Published
Abstract We explore whether advances in digitalization of economies further green development by studying the impact of big data policies on low-carbon innovation. Using the low-carbon innovation data of Chinese listed companies from 2011 to 2019, we verify that China's big data comprehensive pilot zones (BDCPZ) policy facilitated corporate low-carbon innovation, especially for state-owned enterprises, low-technology firms, and firms with highly educated CEOs. Findings provide policy insights for the synergistic development of the digital economy and low-carbon innovation.
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