The era of digital trade: Exploring new mechanisms and threshold effects for green upgrading of manufacturing companies

IF 8 2区环境科学与生态学 Q1 ENVIRONMENTAL SCIENCES Journal of Environmental Management Pub Date : 2024-11-26 DOI:10.1016/j.jenvman.2024.123433

Zhisheng Wang , Jia You , Tan Li , Yabin Zhang

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Abstract

The green transformation of manufacturing companies is of strategic importance for promoting sustainable development, optimising energy structure and improving environmental quality. This article empirically examines the impact of digital trade on the green transformation of manufacturing companies and the role of green technology innovation using panel data of Chinese A-share listed manufacturing companies from 2011 to 2021. The findings are as follows: digital trade significantly accelerates the green transformation of manufacturing companies, and this effect is more obvious in mature companies, highly competitive industries and non-renewable energy companies. The mechanism study shows that the development of digital trade can promote the green transformation of manufacturing companies by improving the quantity, quality and continuity of green technology innovation. Threshold effect studies show that there is a single threshold effect for the cumulative effect of green technology innovation. When the threshold is crossed, digital trade will optimise the green transformation of manufacturing companies. This article provides important theoretical support for policymakers and business leaders to promote digital trade and achieve green transformation of companies.

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数字贸易时代：探索制造企业绿色升级的新机制和门槛效应

制造业企业的绿色转型对于促进可持续发展、优化能源结构和改善环境质量具有重要的战略意义。本文利用 2011-2021 年中国 A 股制造业上市公司的面板数据，实证检验了数字贸易对制造业企业绿色转型的影响以及绿色技术创新的作用。研究结果如下：数字贸易显著加速了制造业企业的绿色转型，这一效应在成熟企业、高竞争行业和不可再生能源企业中更为明显。机理研究表明，数字贸易的发展可以通过提高绿色技术创新的数量、质量和持续性，促进制造企业的绿色转型。阈值效应研究表明，绿色技术创新的累积效应存在单一阈值效应。当跨过阈值时，数字贸易将优化制造企业的绿色转型。本文为政策制定者和企业领导者推动数字贸易、实现企业绿色转型提供了重要的理论支持。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Environmental Management 环境科学-环境科学

CiteScore

13.70

自引率

5.70%

发文量

2477

审稿时长

84 days

期刊介绍： The Journal of Environmental Management is a journal for the publication of peer reviewed, original research for all aspects of management and the managed use of the environment, both natural and man-made.Critical review articles are also welcome; submission of these is strongly encouraged.