Digital Economy,Capital Allocation and Regional Carbon Emission Reduction
This paper constructs a digital economy development index system at the provincial level in China from two dimensions:"digital infrastructure"and"digital industry development".Based on the perspective of capital allocation and the panel data of 30 Chinese prov-inces from 2009 to 2020,the relationship between digital economy development and carbon emission reduction and the transmission mech-anism of capital allocation between industries,between rural and urban areas,and within the non-agricultural sectors are empirically ex-amined,and the heterogeneity in carbon reduction effects and transmission mechanisms of different dimensions of the digital economy is further discussed.This paper finds that the digital economy development has a carbon reduction effect and this effect is stronger in high-carbon provinces.From the perspective of function channels,the digital economy development effectively inhibits carbon emissions through the optimization of capital allocation between industries,between rural and urban areas and within the non-agricultural sectors.This conclusion applies to all dimensions of the digital economy,but the enabling effect of"digital infrastructure"on carbon emission re-duction is more obvious.Accordingly,policy recommendations are proposed in terms of grasping the opportunities for carbon reduction in the digital economy,reshaping the new order of inter-industry factor interaction,and actively promoting the construction of new digital in-frastructure.
Digital EconomyCarbon Emission ReductionCapital Allocation
NETL
NSTL
万方数据
