{"title":"Advancing green innovation through the establishment of data regulatory bodies: Insights from the Big Data Bureau in China","authors":"Cuiying Shao , Zhanyu Liu","doi":"10.1016/j.eap.2024.09.003","DOIUrl":null,"url":null,"abstract":"<div><p>Digital technology serves as a significant catalyst for green innovation (GI), intricately linked with policy guidance and strategic planning. Recently, a notable strategic approach fostering the evolution of digital technology is the establishment of Data Regulatory Bodies (DRBs). Leveraging data from 293 cities between 2010 and 2020, this paper employs a difference-in-differences methodology to investigate the impact of DRB establishment on GI. The results reveal a substantial increase in GI levels following DRB establishment. This enhancement is facilitated by improved administrative efficiency, the cultivation of digital finance, and the advancement of enterprise digitization. Furthermore, the effectiveness of these effects is optimized when DRBs are established through the integration of existing departments’ functions into a new department, particularly in cities with stable power and high marketization levels. These findings provide actionable insights for governmental initiatives aimed at fostering GI.</p></div>","PeriodicalId":54200,"journal":{"name":"Economic Analysis and Policy","volume":"84 ","pages":"Pages 308-325"},"PeriodicalIF":7.9000,"publicationDate":"2024-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Analysis and Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0313592624002261","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Digital technology serves as a significant catalyst for green innovation (GI), intricately linked with policy guidance and strategic planning. Recently, a notable strategic approach fostering the evolution of digital technology is the establishment of Data Regulatory Bodies (DRBs). Leveraging data from 293 cities between 2010 and 2020, this paper employs a difference-in-differences methodology to investigate the impact of DRB establishment on GI. The results reveal a substantial increase in GI levels following DRB establishment. This enhancement is facilitated by improved administrative efficiency, the cultivation of digital finance, and the advancement of enterprise digitization. Furthermore, the effectiveness of these effects is optimized when DRBs are established through the integration of existing departments’ functions into a new department, particularly in cities with stable power and high marketization levels. These findings provide actionable insights for governmental initiatives aimed at fostering GI.
期刊介绍：
Economic Analysis and Policy (established 1970) publishes articles from all branches of economics with a particular focus on research, theoretical and applied, which has strong policy relevance. The journal also publishes survey articles and empirical replications on key policy issues. Authors are expected to highlight the main insights in a non-technical introduction and in the conclusion.
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