Abstract
The concept of “smart cities” plays a positive role in the overall green and sustainable development of a nation. However, it is still debated whether smart cities can restrain the carbon emission intensity at the micro-level and promote the green transformation of enterprises. To this end, based on China’s smart city policy (SCP) and regional enterprise data from 2008 to 2015, we study the impact of SCP on the carbon emission intensity of local enterprises, using the difference-in-differences method. The results show that SCP significantly reduces the carbon emission intensity of enterprises, and the estimated results remain significant after the propensity score matching. The mechanism analysis finds that digital transformation, innovation by enterprises, and urban green innovation all strengthen the impact of SCP on the carbon emission intensity of enterprises. The conclusions extend the scope of the existing research and provide suggestions for micro-enterprises to take advantage of SCP for better development.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
