Digital Transformation and Green Development of Manufacturing Industry:Based on Green Innovation and Factor Agglomeration Mechanism
The manufacturing sector is the foundation and pillar industry of China's economy,and its green development is an inevitable choice to promote China's transformation from a manufacturer of quantity to one of quality,as a manufacturing power,and it is an important content of the construction of ecological civilization.Based on the data of A-share listed companies in China's manufacturing industry from 2012 to 2021,this article investigates the influence of enterprise digitization level on the green development of the manufacturing industry.The results show that digital transformation significantly promotes the green devel-opment of manufacturing.The green innovation mechanism shows that digital transformation promotes the green development of the manufacturing industry by promoting green innovation.Compared with strategic green innovation,substantive green innovation is the main transmission channel.Digital transformation can promote the green development of the manufacturing industry by promoting the agglomeration of high-quality labor and financial agglomeration.The role of digital transformation in promoting the green develop-ment of the manufacturing industry is significant in the eastern region,but not in the western region.The digital transformation of the high-tech manufacturing industry plays a more significant role in promoting green development.Compared with private manufacturing,state-owned enterprises play a stronger role in promoting digital transformation.
Digital transformationGreen developmentGreen innovationSubstantive green inno-vationFactor agglomeration