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Academic Journal of Business & Management, 2022, 4(9); doi: 10.25236/AJBM.2022.040909.

The Impact of the Digital Economy on Industry's Green Transformation

Author(s)

Zhang Yunfei

Corresponding Author:
Zhang Yunfei
Affiliation(s)

School of Economics and Management, Guangxi Normal University, Guilin, China

Abstract

In recent years, my country's economic development has changed from the pursuit of high speed to the purpose of high quality. Industry's green transformation is an urgent need for my country's economic growth. Based on the panel data of 287 prefecture-level cities from 2011 to 2019, this paper uses the entropy method to analyze the penetration rate of Internet usage, the input of relevant practitioners, the output changes of related industries, and the penetration rate of urban mobile phone consumption and inclusive digital finance. The five dimensions of the index construct the regional digital economy index and analyze the impact of the digital economy on the transformation of industrial greening. Empirical studies have found that the development of the digital economy can significantly reduce sulfur dioxide and nitrogen oxide emissions while reducing electricity consumption per unit of GDP. There is no significant effect on wastewater discharge and soot.

Keywords

industry's green transformation; digital economy; entropy method

Cite This Paper

Zhang Yunfei. The Impact of the Digital Economy on Industry's Green Transformation. Academic Journal of Business & Management (2022) Vol. 4, Issue 9: 64-67. https://doi.org/10.25236/AJBM.2022.040909.

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