Blessings or curses? Exploring the impact of digital technology innovation on natural resource utilization efficiency in China

被引:3
作者
Yang, Senmiao [1 ]
Dong, Kangyin [2 ]
Wang, Jianda [3 ]
Taghizadeh-Hesary, Farhad [4 ]
机构
[1] International Business Strategy Institute, University of International Business and Economics, Beijing
[2] School of International Trade and Economics, University of International Business and Economics, Beijing
[3] Department of Industrial and Systems Engineering, the Hong Kong Polytechnic University, Hong Kong SAR
[4] Tokai Research Institute for Environment and Sustainability (TRIES), Tokai University, Tokyo
基金
日本学术振兴会;
关键词
China; Digital technology innovation; Green credit; Green Finance; Industrial structure optimization; Natural resource utilization efficiency; Pollution control;
D O I
10.1016/j.resourpol.2024.105319
中图分类号
学科分类号
摘要
With the increasing resource and environmental constraints and pollution, China urgently needs to improve the condition of resource utilization. Digital technology innovation is a powerful tool for resource optimization. Therefore, this paper explores the impact of digital technology innovation on natural resource utilization efficiency (NRUE) in China from 2006 to 2019 with the system-generalized method of moments (SYS-GMM). Besides, we investigate the mechanism and heterogeneity. The main conclusions show that: (1) Digital technology innovation can significantly improve NRUE. Every 1% rise in digital technology innovation causes a 0.024% increase in NRUE; (2) digital technology innovation can indirectly improve NRUE by promoting industrial structure optimization, strengthening pollution control, and promoting green credit; and (3) heterogeneity exists in the digital technology innovation-NRUE nexus, and the effects are more obvious in digital product manufacturing and northern China. The findings enrich the existing literature and provide enlightenment for the use of digital technology to improve NRUE in China. © 2024 Elsevier Ltd
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