Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/327251 
Year of Publication: 
2023
Citation: 
[Journal:] Journal of Innovation & Knowledge (JIK) [ISSN:] 2444-569X [Volume:] 8 [Issue:] 2 [Article No.:] 100339 [Year:] 2023 [Pages:] 1-12
Publisher: 
Elsevier, Amsterdam
Abstract: 
The low-carbon city pilot (LCCP) policy is an essential strategy for China to combat climate change, attain the carbon neutrality target, and achieve comprehensive green transformation, which will inevitably have an impact on many areas of the economic system. The digital economy has given a new impetus to green development and sustainable growth in China, becoming an essential indicator of green transformation. Promoting the digital economy's growth is essential to successful green development. Does China's LCCP policy support digital economy growth while reducing energy use and emissions? This study evaluates digital economy growth in China's 277 cities from 2002 to 2019 using the principal component analysis method and employing the difference-in-differences method to assess how the LCCP policy affects digital economy growth. The empirical results demonstrate that the LCCP policy encourages digital economy growth, which then promotes green development. The conclusion remains tenable following several robustness tests, including parallel trend, placebo, and endogeneity tests. A heterogeneity analysis demonstrates that the LCCP policy has a more profound influence on digital economy growth in coastal, non-resource-based, and large-scale cities. A mechanism test indicates that the LCCP policy positively encourages digital economy growth by promoting technological innovation and changing the industrial structure. This study offers new empirical evidence that LCCP policy can advance the achievement of green development.
Subjects: 
DID method
Digital industry
Green development
Industrial structure change
Low-carbon city pilot
Technological innovation
JEL: 
E23
G10
G21
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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