The coordination of digitalization and green development is an important path to achieving high-quality development.Based on the data from A-share listed manufacturing companies from 2007 to 2022,this article examines the impact of digital transformation on the green development of the manufactur-ing industry using the difference-in-differences(DID)method.It further analyzes the mechanisms and het-erogeneous characteristics of this effect.The results show that digital transformation can promote the green development of the manufacturing industry,and this con-clusion holds even under various robustness tests.Mechanism testing results indicate that digital transformation enhances the green development of the manufac-turing industry through three pathways:technological progress,improvement of human capital,and enhanced internal control levels.Additionally,in the central and western regions,the third-tier digital economy develop-ment and companies with poor ESG performance,the promoting effect of digital transfor-mation on green development is more significant.
关键词
数字化转型/绿色发展/双重差分模型/制造业企业
Key words
digital transformation/green development/difference-in-differences model/manufacturing enterprises
万方数据