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Impact of Digital Technology Application on the Development of Low-Carbon Economic Transition: The Mediating Role of Green Investment

デジタル技術応用が低炭素経済移行の発展に与える影響:グリーン投資の媒介的役割 (AI 翻訳)

Ruoya Zhao, Shi Yin

Sustainability📚 査読済 / ジャーナル2026-06-15#エネルギー転換Origin: CN対象セクター: cross_sector
DOI: 10.3390/su18126135
原典: https://doi.org/10.3390/su18126135
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🤖 gxceed AI 要約

日本語

本論文は、2015~2024年の中国31省のパネルデータを用い、固定効果モデル・操作変数法・プートストラップ媒介検定により、デジタル技術応用が低炭素経済移行に与える因果効果とそのメカニズムを実証した。結果、デジタル技術は直接的に低炭素移行を促進する一方、グリーン投資経路を通じた抑制効果が存在する複雑な伝達経路が明らかになった。また、この促進効果は東部地域や市場化が進んだ地域に限定される。

English

Using provincial panel data from 31 Chinese provinces (2015-2024), this paper empirically identifies the causal impact of digital technology adoption on low-carbon economic transition via two-way fixed effects, IV, and bootstrap mediation tests. It finds that digital technology directly accelerates low-carbon transition but generates an adverse indirect effect through the green investment channel, forming a suppressing effect. The enabling effect is concentrated in eastern provinces with well-developed marketization.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

中国の「ダブルカーボン」目標を背景に、デジタル技術と低炭素移行の因果関係を実証。日本でもデジタル・グリーン統合政策が進む中、地域格差の重要性やグリーン投資の負の媒介効果は、日本の地域別戦略立案に示唆を与える。

In the global GX context

Against China's Dual Carbon goals, this paper provides causal evidence on how digital technology enables low-carbon transition. The finding of a negative mediation through green investment is novel and relevant for global policy: digitalization may crowd out direct green investment. The regional heterogeneity underscores the need for context-sensitive strategies, applicable to EU's Just Transition and US climate policy.

👥 読者別の含意

🔬研究者:Provides empirical evidence on the mediating role of green investment in the digital technology-low carbon transition nexus, with implications for mechanism design.

🏢実務担当者:Highlights that digital investments should complement, not substitute, green investments; regional conditions matter for policy effectiveness.

🏛政策担当者:Region-specific policies are needed; the negative indirect effect of green investment suggests careful coordination between digital and green strategies.

📄 Abstract(原文)

Against the backdrop of in-depth integration between the digital economy and green low-carbon development, exploring how digital technologies facilitate the systematic low-carbon transition of economy and society bears profound theoretical and practical implications for accomplishing China’s “Dual Carbon” goals. Based on provincial-level panel data covering 31 Chinese provinces over the period from 2015 to 2024, this paper adopts two-way fixed-effect specification, instrumental variable approach and Bootstrap-based mediation test to empirically identify the causal impact, underlying mechanisms and heterogeneous boundary conditions of digital technology adoption on low-carbon economic transition. The empirical results demonstrate three core findings. First, digital technology applications exert a statistically significant positive effect on low-carbon economic transition, and this benchmark result remains robust after a battery of robustness tests and endogenous bias corrections. Second, the mechanism estimation uncovers a sophisticated transmission pathway: digital technologies directly accelerate low-carbon transition, yet generate an adverse indirect impact via the green investment channel, which jointly forms a suppressing effect in the mediation framework. Third, the enabling effect of digital technologies on decarbonization presents striking regional imbalance, with significant promotional effects concentrated exclusively in eastern provinces and regions featuring well-developed marketization, which highlights the indispensable moderating role of regional endowments and institutional environments. This study contributes novel empirical evidence to unpack the intricate nexus between digital advancement and green transition, and delivers actionable policy references for designing differentiated and coordinated strategies to integrate digital upgrading with low-carbon development.

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