Reshaping China's inclusive and sustainable growth landscape through green energy innovation in the digital era

被引:0
|
作者
Fang, Ye [1 ]
Luo, Guibin [2 ]
Sofuoglu, Emrah [3 ]
Henry, James Tumba [4 ]
Shah, M. I.
机构
[1] Fuzhou Univ Int Studies & Trade, Sch Finance & Accounting, Fuzhou 350202, Peoples R China
[2] Fujian Univ Technol, Sch Intellectual Property, Fuzhou 350118, Peoples R China
[3] Kirsehir Ahi Evran Univ, Dept Econ, Kirsehir, Turkiye
[4] Adamawa State Univ, Fac Social Sci, Dept Econ, Mubi, Nigeria
关键词
Inclusive growth; Sustainability; China; Machine learning; Digital economy; Finance;
D O I
10.1007/s10668-024-05853-2
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
China faces increasing pressure to obtain inclusive and sustainable growth as it is one of the largest producers of carbon dioxide (CO2) emissions globally. This paper aims to simplify the trend of inclusive and sustainable growth in China by focusing on the impact of green energy technology, financial development, structural transformation, digital economy and public sector corruption as the determining factors. The study adopts a sample period from 1990 to 2018. It employs advanced dynamic autoregressive distributed lag (ARDL) model techniques with counterfactual shocks and a kernel regularized least squares regression machine learning algorithm. The findings reveal that green energy technology positively and significantly affects China's inclusive and sustainable growth in the long run. However, the short-run coefficient of the dynamic ARDL model reveals an insignificant outcome. In addition, digital economy is found to be adversely affecting inclusive and sustainable growth in both the short run and long run, yet insignificantly. The role of financial development is found to be favorable in the short run, while structural transformation does not have any significant impact on inclusive and sustainable growth in either the short or long-run. Public sector corruption significantly and negatively hurts inclusive and sustainable growth in the short run. Based on the results, policy recommendations are suggested to boost green energy technology and inclusive and sustainable development in China.
引用
收藏
页数:27
相关论文
共 50 条
  • [31] China's provincial-level sustainable energy transition requires accelerating renewable energy technological innovation
    Yang, Guanglei
    Zhang, Guoxing
    Cao, Dongqin
    Zha, Donglan
    Gao, Xiulin
    Su, Bin
    ENERGY, 2024, 288
  • [32] China's post-pandemic energy rebound and climate targets under the current regulations and green innovation capacity
    Ahmed, Khalid
    Khan, Bareerah
    ENERGY, 2024, 302
  • [33] Factors Affecting Enterprise Level Green Innovation Efficiency in the Digital Economy Era - Evidence from Listed Paper Enterprises in China
    He, Zhengxia
    Lu, Wenqi
    Hua, Guihong
    Wang, Jianming
    BIORESOURCES, 2021, 16 (04): : 7647 - 7669
  • [34] The role of foreign MNEs in China's twin transition: a study on the organization of green and digital innovation processes
    Brueck, Chris
    COMPETITIVENESS REVIEW, 2024, 34 (07) : 44 - 60
  • [35] Empowering green growth: The role of corporate digital transformation in boosting renewable energy investment in China
    Yang, Yu-Xin
    Liu, Jing-Yue
    ECONOMIC ANALYSIS AND POLICY, 2025, 86 : 590 - 605
  • [36] External Knowledge Sourcing and Green Innovation Growth with Environmental and Energy Regulations: Evidence from Manufacturing in China
    Hou, Jian
    Chen, Heng
    Xu, Jianzhong
    SUSTAINABILITY, 2017, 9 (03)
  • [37] Developing a functional index to dynamically examine the spatio-temporal disparities of China's inclusive green growth
    Wang, Deqing
    Hou, Yiwen
    Li, Xuemei
    Xu, Yan
    ECOLOGICAL INDICATORS, 2022, 139
  • [38] Extreme precipitation, energy poverty and the moderating effects of digital inclusive finance: Evidence from China's householders
    Zhao, Yuanshuang
    Dong, Liang
    Sun, Yuhang
    Zhang, Ning
    ENVIRONMENTAL IMPACT ASSESSMENT REVIEW, 2025, 112
  • [39] From manure to megawatts: Navigating the sustainable innovation solution through biogas production from livestock waste for harnessing green energy for green economy
    Brahmi, Mohsen
    Bruno, Bruna
    Dhayal, Karambir Singh
    Esposito, Luca
    Parziale, Anna
    HELIYON, 2024, 10 (14)
  • [40] How does corporate digital transformation affect green innovation? Evidence from China's enterprise data
    Zhang, Jian
    Yu, Chin-Hsien
    Zhao, Jinsong
    Lee, Chi-Chuan
    ENERGY ECONOMICS, 2025, 142