Research on the Impact of Digital Economy on Industrial Energy Efficiency
DOI:
https://doi.org/10.54097/fbem.v7i1.3911Keywords:
Digital economy, Industrial energy efficiency.Abstract
Under the background of "dual control" of total and intensity of energy consumption in China, improving energy efficiency has become an important topic in China's economic development. The penetration effect, synergy effect and substitution effect of digital economy on industry have brought about great changes in the industrial development model, which may have an impact on energy efficiency. Based on the analysis of the mechanism of the effect of digital economy on industrial energy efficiency and the panel data of 280 cities in China, this paper empirically analyzes the impact of digital economy development on industrial energy efficiency. The empirical results show that digital economy promotes the improvement of industrial energy efficiency. The intermediate mechanism is that digital economy realizes the improvement of energy efficiency through the integration of production and marketing and accelerating the substitution of data elements for power resources elements, which is more significant in cities with high levels of economic development, innovation and industrial structure.
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