Digital economy revolutionizing green total factor productivity in construction industry
Su Yang,
Jie Shen,
Xiaopeng Deng,
Kun Lu,
Zeru Liu and
Baoquan Cheng
Technological Forecasting and Social Change, 2024, vol. 206, issue C
Abstract:
The rise of the Digital Economy (DE) in green development, particularly within the construction sector, necessitates deeper understanding. This study, analyzing panel data from 30 Chinese provinces between 2004 and 2020, investigates DE's influence on Green Total Factor Productivity (GTFP) using a super-SBM model for GTFP estimation and a Global GML index for dynamic evaluation. Results reveal a U-shaped relationship between DE and GTFP, with southern and coastal provinces experiencing more significant benefits compared to their northern and inland counterparts. Notably, non-resource-based provinces witness substantial GTFP improvements due to DE, whereas resource-afflicted regions see limited effects. Moreover, the study underscores the important roles of green technology innovation and environmental regulations in mediating DE's impact. Consequently, policy recommendations are made, advocating for government support in industry digitalization, green technology research, and localized digitalization efforts to foster green growth within the construction sector, thereby advancing broader green development objectives.
Keywords: Digital economy (DE); Green total factor productivity (GFTP); Green technology innovation (GTI); Construction industry; Panel data analysis; Regional heterogeneity (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:206:y:2024:i:c:s0040162524003603
DOI: 10.1016/j.techfore.2024.123564
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