Abstract
Improving energy efficiency is an important way to achieve low-carbon economic development, a common goal of most nations. Based on the comprehensive survey data of enterprises above a designated size in Guangdong Province, this paper studies the impact of artificial intelligence on the energy efficiency of manufacturing enterprises. The results show that: (1) artificial intelligence, as measured by the use of industrial robots, has significantly improved the energy efficiency of manufacturing enterprises. This conclusion is still robust after introducing data on industrial robots in the United States over the same time period as the instrumental variable for the endogeneity test. (2) The mechanism test shows that artificial intelligence mainly promotes the improvement in energy efficiency by promoting technological progress; the impact of artificial intelligence on the technological efficiency of enterprises is not significant. (3) Heterogeneity analysis shows that the age of the manufacturing enterprises inhibits a promoting effect of artificial intelligence on energy efficiency; manufacturing enterprises’ performance can enhance the promoting effect of artificial intelligence on energy efficiency, but this promoting effect can only be shown when the enterprise performance is positive. The paper clarifies both the impact of artificial intelligence on the energy efficiency of manufacturing enterprises and its mechanism of action; this will help provide a reference for future decision-making designed to improve manufacturing enterprises’ energy efficiency.
Highlights
IntroductionThe global energy issue has been a major concern, hindering the development of human society [1,2]
Received: 12 December 2021For some time, the global energy issue has been a major concern, hindering the development of human society [1,2]
The results show that artificial intelligence is positively correlated with energy efficiency of manufacturing enterprises
Summary
The global energy issue has been a major concern, hindering the development of human society [1,2]. The 2019 BP World Energy Statistical Yearbook shows that, in 2018, global primary energy demand increased 2.9% and carbon emissions increased 2.0%. This was the fastest growth year since 2010. In 2019, affected by the new coronavirus epidemic, the growth rate of global primary energy consumption slowed to. 1.3% as compared to 2018, but carbon emissions caused by energy consumption increased significantly, by 2.0% [3]. China accounts for more than three-quarters of the net increase in global energy consumption and has become its largest driving force.
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