Digital economy policy and corporate low-carbon innovation: Evidence from a quasi-natural experiment in China

Ahmed Hunjra (), Shikuan Zhao, John W. Goodell and Xiaoqian Liu

Finance Research Letters, 2024, vol. 60, issue C

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.

Keywords: Digitalization; Digital economy; Big data comprehensive pilot zones; Low-carbon innovation (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323012825
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:60:y:2024:i:c:s1544612323012825

DOI: 10.1016/j.frl.2023.104910

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().