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Academic Journal of Business & Management, 2024, 6(5); doi: 10.25236/AJBM.2024.060505.

A study of the impact of the digital economy on inclusive green total factor productivity-Mediated by innovative human capital

Author(s)

Xinru Hou, Zhenbai Feng, Yingnan Li

Corresponding Author:
Zhenbai Feng
Affiliation(s)

School of Economics and Management, Wuyi University, Jiangmen, China

Abstract

Improving inclusive green total factor productivity plays a crucial role in realizing the harmony and unity of economic growth with social equity and environmental protection in a country or region. Using the panel data of 30 provinces in China from 2011 to 2020, and the impact of the digital economy on the inclusive green total factor productivity (IGTFP)and its decomposition term is examined theoretically and empirically, and the mediating role played by innovative human capital is examined. The study finds that: the development of digital economy can significantly promote the growth of IGTFP and mainly promote inclusive green technological progress, and the conclusions still hold after a series of robustness tests; the analysis of heterogeneity finds that the development of digital economy plays a more obvious role in improving the growth of IGTFP in the central and western regions; the results of the analysis of the mechanism show that the digital economy indirectly improves regional IGTFP through the accumulation of innovative human capital. In this regard, we should accelerate the construction of a perfect digital infrastructure, focus on the cultivation of innovative human capital, and formulate precise institutional policies.

Keywords

digital economy, innovative human capital, inclusive green total factor productivity, mediating effect

Cite This Paper

Xinru Hou, Zhenbai Feng, Yingnan Li. A study of the impact of the digital economy on inclusive green total factor productivity-Mediated by innovative human capital. Academic Journal of Business & Management (2024) Vol. 6, Issue 5: 31-39. https://doi.org/10.25236/AJBM.2024.060505.

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