Research on Digital Based Decision Model for Green Transfor-mation of the Steel Industry
With the intensification of global environmental issues,the green transformation of the steel industry has become an inevitable trend.However,achieving green transformation while ensuring the economic benefits of the steel industry is an ur-gent research topic that needs to be addressed.This study takes digital technology as the starting point and explores a decision-making model for green transformation in the steel industry based on digital technology.By constructing a relationship model between digital technology and the green transformation of the steel industry,the mechanism of the role of digital technology in the green transformation of the steel industry was revealed.Firstly,the study collected data from listed companies in the steel industry in CITIC's industry classification from 2007 to 2022,and conducted empirical analysis,including descriptive statis-tics,regression analysis,and robustness testing.Secondly,the impact of the degree of digital transformation in the steel indus-try on green total factor productivity was studied,and the effectiveness of the model was verified.Finally,based on the hetero-geneity analysis of the impact of state-owned and non-state-owned enterprises in the steel industry,as well as the degree of digital transformation in different regions,on green total factor productivity,corresponding policy recommendations were pro-posed.
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