Does digital economy development reduce carbon emission intensity?

Abstract

Carbon emissions from human activities are the main cause of climate warming. Under the background of economic and social digital transformation, accurately assessing the carbon emission reduction effect of the development of the digital economy is of great significance for countries to deal with climate warming in the post-COVID-19 era. This paper constructs a dynamic evaluation model of orthogonal projection to measure the level of digital economy development at the provincial level in China from 2007 to 2019. On this basis, the panel fixed effects model and mediation model are used to empirically test the impact of digital economy development on carbon emission intensity and its mechanism. The results indicate that: (1) The development of China’s digital economy is unbalanced among regions, showing a geospatial pattern of decreasing from east to west. (2) China’s carbon emission intensity has a trend of decreasing year by year, and there are geospatial differences of “high in the west and low in the east” and “high in the north and low in the south.” (3) The digital economy development can effectively reduce regional carbon emission intensity through industrial structure optimization effect and resource allocation effect, and the industrial structure optimization effect can suppress carbon emission intensity more obviously. (4) The development of digital economy in different regions has different degrees of reducing carbon emission intensity. The development of digital economy in the eastern region has a stronger inhibitory effect on carbon emission intensity than that in the middle and western regions, and the development of digital economy in economically developed regions can suppress carbon emission intensity more. This paper provides enlightenment for policy makers to deal with climate warming.