{"title":"Digital empowerment, industry chain integration and corporate energy efficiency","authors":"Peng Jing , Shuohan Li , Minglu Wang","doi":"10.1016/j.eneco.2025.108446","DOIUrl":null,"url":null,"abstract":"<div><div>Digitalization leverages information technology, data analytics, and intelligent manufacturing to improve corporate management capabilities. Using data from Chinese A-share listed companies and employing a fixed-effects model, this study investigates the impact of digital empowerment on corporate energy efficiency and explores the catalytic role of industry chain integration. The findings indicate that digital empowerment significantly boosts corporate energy efficiency, with stronger effects observed in non-state-owned, high-tech, and low-pollution enterprises, as well as those located in eastern regions. Mechanism analysis demonstrates that digital empowerment fosters specialization and division of labor and improves supply chain coordination, underscoring industry chain integration as a key mediator. This study provides insights into advancing corporate digital transformation while emphasizing the importance of industry chain integration in optimizing resource allocation and reducing energy consumption.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"145 ","pages":"Article 108446"},"PeriodicalIF":14.2000,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0140988325002701","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/3/23 0:00:00","PubModel":"Epub","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Digitalization leverages information technology, data analytics, and intelligent manufacturing to improve corporate management capabilities. Using data from Chinese A-share listed companies and employing a fixed-effects model, this study investigates the impact of digital empowerment on corporate energy efficiency and explores the catalytic role of industry chain integration. The findings indicate that digital empowerment significantly boosts corporate energy efficiency, with stronger effects observed in non-state-owned, high-tech, and low-pollution enterprises, as well as those located in eastern regions. Mechanism analysis demonstrates that digital empowerment fosters specialization and division of labor and improves supply chain coordination, underscoring industry chain integration as a key mediator. This study provides insights into advancing corporate digital transformation while emphasizing the importance of industry chain integration in optimizing resource allocation and reducing energy consumption.
期刊介绍：
Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.
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