Digital Economy Research Articles

Assessing water-energy-related use system towards the targets SDG 6 and SDG7: A dynamic parallel-series DEA model

Water and energy are key elements to accomplish the Sustainable Development Goals (SDGs) of human society. The aim of this study is to acknowledge and enhance the efficiency of water-energy-related use (WERU) systems from a sustainable perspective. This paper proposes a dynamic parallel-series data envelopment analysis model to assess WERU efficiency towards the targets SDG 6 and SDG 7. The WERU system with parallel-series structure consists of water supply (WS), water use (WU), energy supply (ES), and energy use (EU) subsystems. To investigating the role of digital economy in enhancing WERU efficiency in 30 provinces of China from 2011 to 2020, the intermediary effect model and the spatial Durbin model are applied to explore the transmission mechanism and spatial spillover effect. The main findings are as follows: (1) The average overall efficiency of the WERU system is 0.60, primarily due to the suboptimal performance of the WU and EU subsystems. (2) The central region has lower efficiency scores in the WU and EU subsystems than the eastern and western regions. (3) The digital economy indirectly boosts WERU efficiency by stimulating provincial innovation and industrial structure upgrading. The digital economy is beneficial to enhancing WERU efficiency in local and neighboring provinces. This study advocates for the sustainable advancement of the WERU system by encouraging provincial innovation, upgrading industrial structures, and underscoring the growth of the digital economy.

Research on the Path of Enterprise Economic Innovation and Development under the Background of Digital Economy

The development of the digital economy is in full swing, becoming the backbone of promoting economic development, which brings severe challenges to enterprises but also brings new opportunities for development. Under this background this paper introduces the digital economy under the background of the achievements of industrial economies, such as by strengthening the development of enterprise economy in the development of innovation path and make digital economy enterprise economy under the background of digital organization, and through the relevant research found that enterprise economy is facing development difficulties, so this paper discusses the digital economy under the background of realistic problems, such as the lack of standardization enterprise economy, enterprise economy lack of digital transformation concept, digital talent, enterprise economic management mode lag and management supervision mechanism. Finally, according to the research on how to develop the innovative development path of enterprise economy under the background of the digital economy, the relevant countermeasures and suggestions for the innovative development of enterprise economy under the background of digital economy are put forward. For example, strengthening innovative paths for the development of key core technologies in enterprise economy and constructing digital organizational forms for enterprise economy in the context of digital economy, hoping to provide effective suggestions for the transformation of enterprise economy to digital economy and the realization of innovative development.

Innovation and Digitalization: Driving Forces for Corporate Competitiveness and Longevity

In the face of rapid technological advancements and market shifts, companies must adapt and enhance their competitiveness to ensure long-term survival. This study explores the impact of innovation, digital transformation, productivity, and employment on organizational competitiveness and their influence on corporate longevity and sustainability in the Bangka Belitung Islands, Indonesia. Employing survey methods and analyzing data using double regression, simple regression, smartPls, and SPSS, the study surveyed 120 respondents from various industrial sectors. The results reveal that innovation, productivity, and jobs significantly and positively impact companies' competitiveness, while digital transformation has a lesser effect. Additionally, the study found that a company's competitiveness positively and significantly influences its existence and survival. The research significantly contributes to understanding the factors affecting competitiveness and long-term viability in the digital economy, highlighting the crucial role of innovation, productivity, and job quality in enhancing competitive advantage. The findings provide a basis for strategic decision-making at the company level and the development of public policies that foster business growth and resilience within the Belitung Framework

The Impact of Digital Transformation on Corporate Green Technology Innovation

Green technology innovation is an important approach to addressing environmental pollution and achieving high-quality development. In the context of the booming digital economy, whether and how corporate digital transformation can promote green technology innovation is a significant theoretical issue that urgently needs to be addressed. We use data from China’s A-share listed companies from 2011 to 2020 to explore the impact of digital transformation on corporate green technology innovation, based on the construction of measurement indicators for digital transformation through textual analysis methods. It is found that digital transformation can significantly promote corporate green technology innovation, and this conclusion is still valid after a series of robustness and endogeneity tests. Mechanism testing shows that reducing financing cost and enhancing collaborative research are the two effective pathways for digital transformation to promote green technology innovation. Further analysis also reveals that for state-owned enterprises, non-foreign-invested enterprises, high environmental responsibility enterprises, and non-heavy-polluting enterprises, digital transformation plays a more significant role in promoting green technology innovation. Our research findings are conducive to promoting the integrated development of digital transformation and green economy, and provide theoretical reference for the formulation and implementation of digital transformation policies.

Data Value-Added Service Comprehensive Evaluation Method on the Performance of Power System Big Data

With the development of digital economy, the integration and secure sharing of energy big data have become pivotal in driving innovation across the energy production, distribution, and consumption sectors. For power enterprises, leveraging data to enhance operational efficiency and drive business development will play a crucial role in value added. Firstly, based on the value-added service framework system of grid enterprises, this paper explores the basic technologies for power data applications and designs a technical roadmap for value-added services. Secondly, the proposed methodology incorporates the analytic hierarchy process (AHP) and gray comprehensive evaluation method (GCE) to determine the weights of key factors affecting the value-added services. Empirical research is conducted to validate the feasibility of typical value-added services. Additionally, this paper proposes methods for evaluating the benefits of value-added services and identifies key technologies in data mining and management, customer value discovery, and data asset utilization, providing theoretical support and practical pathways for the digital transformation of power enterprises.

Influencer Marketing: Changing the Game

Influencer marketing has emerged as a transformative strategy in the new digital economy and is changing the ways brands connect with consumers. This paper explores the development, effectiveness, and impact of influencer marketing on consumer behavior and brand performance by focusing on how influencers bridge gaps between brands and their target audiences through authentic and relatable content. This study analyses the mega to nano influencer and show about reach, engagement, and cost-effectiveness. It examines how on such huge platforms, Instagram, YouTube, and TikTok tend to be a hotspot for influencer-driven campaigns. Lastly, it analyses how influencer marketing shapes consumer trust, increases purchase decisions, and changes brand perception. The research will focus on the ethical and regulatory landscape, which will highlight the importance of transparency, authenticity, and compliance with guidelines like those from the Federal Trade Commission (FTC). The paper also includes case studies of successful campaigns, best practices, and challenges in terms of fake followers, misleading content, and evolving audience expectations. Among them is emerging forward research on future trends, for instance, AI-picks influencer; the rise of virtual influencers and incorporation of immersed technologies such as augmented and virtual reality in their campaigns. Providing an all-around view of how to use an influencer campaign effectively, the research will aid marketers, researchers, and industry players to make workable decisions while harnessing the mighty tool.

Synergistic governance efficiency of industrial pollution and CO2 emissions under the digital economy.

Using panel data for 284 Chinese cities, this study explores the nonlinear relationship between the digital economy and the synergistic governance efficiency of industrial pollution and CO2 emissions (SGEIPCE). The study also investigates the transmission mechanism of two-way knowledge flows within this relationship using the double fixed effect model and two-stage least square method. The results show that the digital economy has a significant U-shaped relationship on the SGEIPCE: the impact first decreases and then increases. When the level of digital economy exceeds infection point, the SGEIPCE increases. The marginal effect identified through the heterogeneity analysis indicates that Chinese cities with high innovative talent agglomeration and low industrial Internet level are the first to cross the inflection point of the U-shaped relationship, and the promoting effect of the digital economy on the SGEIPCE is greater in these two types of cites. Further, when the digital economy crosses the inflection point, it indirectly improves the SGEIPCE by increasing the level of knowledge absorption and knowledge overflow. Knowledge overflow is the most critical transmission mechanism by which China's digital economy affects SGEIPCE. These results provide empirical support and a decision-making basis for promoting the mutually beneficial cooperation between digital economy and industrial synergistic governance.

Model Green Trade Berbasis Natural Resources terhadap Green Growth di Brazil, Rusia, Indonesia, Singapura, India dan China (BRISIC)

Researchers in this study aim to determine the Natural Resources-Based Green Trade Model for Green Growth in Brazil, Russia, Indonesia, Singapore, India and China (BRISIC). The method in this research is using the ARDL Panel method. The variables used in this research are Green Growth, Green Trade, Natural Resources, Financial Inclusion, Green Innovation, Digital Economy. The results of this research are from the Green Trade Model Based on Natural Resources on Green Growth in Brazil, Russia, Indonesia, Singapore, India and China (BRISIC) using the panel method, it can be concluded that in BRISIC countries the variable that has an overall influence is green trade. and Natural resources both Short Run Equation and Long Run Equation.

Towards Green Trade：Digital Economy and Export Quality of Green Products

Towards Green Trade：Digital Economy and Export Quality of Green Products

The role of the digital economy in promoting energy justice: Evidence from procedural justice and restorative justice

The role of the digital economy in promoting energy justice: Evidence from procedural justice and restorative justice

Analysis of IoT Applications in Highly Precise Agriculture Farming

Background: The IoT (Internet of Things) assigns to the capacity of Device-to-Machine (D2M) connections, which is a vital component in the development of the digital economy. IoT integration with a human being enables real-time decision-making in communication, collaboration, and technology analytics. Furthermore, environmental factors impacting plants, such as air humidity, temperature, air quality index, and soil wetness, are not frequently documented, emphasizing the development of a data monitoring system for future agricultural research and development. Methods: An IoT-based Intelligent Farming System is proposed. An innovative IoT-based intelligent farming system is developed that integrates real-time data monitoring, machine learning algorithms, and IoT technology to address the identified gaps and challenges. Result: In the face of climate change, extreme weather, and environmental constraints, increased food demand must be satisfied. Intelligent agriculture enabled by IoT technology can reduce waste and increase productivity for producers and farmers, from fertilizer use to tractor trips. Conclusion: In conclusion, this paper provides insightful and informative commentary on the progress made in technology within the agriculture industry and the challenges that still need to be overcome to achieve optimal outcomes.

AI-Related Disciplines: A Comparative Analysis of Regional Trade Agreements and National Regulatory Approaches

The global digital economy is witnessing the transformative impact of Artificial intelligence (AI), prompting nations to engage in AI-driven trade agreements. Under the digital trade context, these agreements aim to promote and regulate AI technologies, facilitate international AI cooperation, and touch upon data-related disciplines crucial for AI. This article delves into analysing the emerging trend in specific AI disciplines and other AI-related fields, including data provisions in regional trade agreements (RTAs). It also maps out the current landscape of AI regulatory approaches in the United States (US), the European Union (EU), China, and Singapore to analyse how these diverse domestic regulatory approaches may impact regional AI rulemaking. Findings reveal that RTAs emphasize on AI recognition, AI frameworks, and AI cooperation, albeit in a flexible and soft manner. Besides, while the US’s market-driven approach could spearhead rulemaking in AI, its recent policy shifts cast doubt on its comprehensive participation in RTAs. The EU is at the forefront of domestic AI legislation, and seeks to mirror the risk and security-based value at the regional level. China, driven by its massive market potential and concerns about data security, relies on a hybrid approach that explores regulatory strategies alongside AI development. Singapore is notable for taking proactive steps in addressing AI governance through RTAs, which demonstrates a unique form of Asian regionalism. Despite the fragmented approaches among major economies, this article emphasizes on the role of RTAs in addressing trade-related AI issues and puts forward recommendations for AIspecific rulemaking in RTAs.

China’s green digital era: How does digital economy enable green economic growth?

China’s green digital era: How does digital economy enable green economic growth?

Alleviating the rural household energy poverty in China: The role of digital economy

Alleviating the rural household energy poverty in China: The role of digital economy

The nexus between digital economy and tourism eco-efficiency under the environmental regulation: evidence from 277 cities in China

PurposeThis study is of great significance in revealing the interactive and coordinated relationship between tourism development and the ecological environment, improving the level of environmental governance in the process of tourism economic development and realising the dual-carbon goal and sustainable development of the tourism industry.Design/methodology/approachThis paper performs slack-based measure (SBM)-data envelopment analysis (DEA) analysis, benchmark regression and threshold effect measurement on a sample of 277 cities in China from 2011 to 2019, to estimate the impact of the digital economy on tourism eco-efficiency and to identify the moderating role of environmental regulation.FindingsChina’s tourism eco-efficiency shows a spatio-temporal characteristic of steady growth amid fluctuations. The digital economy has a positive facilitating effect on tourism eco-efficiency, which is non-linear with a single threshold effect (0.631), and when the level of the digital economy exceeds the threshold value, its facilitating effect increases from 0.696 to 0.927. Environmental regulation does not play the role of “the icing on the cake” during the digital economy’s impact on tourism eco-efficiency.Originality/valueThis study for the first time includes the digital economy, eco-efficiency and environmental regulation in the research perspective, and analysed the mechanism of action between the three, expanding the depth of research on the digital economy and environmental regulation in the field of tourism. Meanwhile, based on the development needs of policy specialisation and industrial refinement, this study has strong practical significance when conducted at the city level.

THE RELATIONSHIP OF DIGITAL TRANSFORMATION AND VALUE ARCHITECTURE TOWARDS BUSINESS PERFORMANCE IN MANUFACTURING INDUSTRY

The digital economy has become a pivotal force driving nations towards enhanced competitiveness and customer value delivery, with Malaysia being no exception. Despite this imperative, the pace of digital adoption within Malaysian businesses trails considerably behind the global average. This research endeavours to elucidate the intricate relationship between digital transformation, value architecture, and business performance. Employing a quantitative methodology and random sampling technique, data was gathered through a survey questionnaire administered to 150 respondents from the manufacturing sector. Results revealed significant correlations between digital transformation, value architecture, and business performance. Notably, the manufacturing subsector emerges as a significant influencer on both digital transformation and business performance. These findings underscore the widespread acceptance of digital transformation and value architecture within the manufacturing industry as indispensable tools for augmenting business performance. Consequently, the manufacturing sector assumes a pivotal role in driving economic growth and societal advancement, characterized by employment expansion and export stimulation. Moreover, this study advocates for enhanced operational efficiency, aligning with Malaysia’s strategic initiative, My Digital, aimed at catapulting the nation into a high-income, digitally-driven economy.

INFORMATION COMMUNICATIONS AND TECHNOLOGY ENTREPRENEURSHIP SKILLS REQUIRED BY ECONOMICS EDUCATION STUDENTS FOR SELF-EMPLOYMENT

This study examined Information Communications and Technology Entrepreneurship Skills required by Economics Education Students for Self-Employment in the Federal Capital Territory (FCT) of Abuja, Nigeria. The study design employed was a descriptive survey. All 510 Economics Education students enrolled in universities in the Federal Capital Territory of Abuja, Nigeria, make up the study's population. Because of the community's unique features and the researchers' adept management of its size, total population sampling was employed. There are 241 female and 269 male pupils in this group. The research questions were answered using mean scores with standard deviations, and the independent t-test was employed to test the hypotheses at the 0.05 significance level. The findings of this study underscore the critical role of Information and Communication Technology (ICT) entrepreneurship skills in equipping Economics Education students for self-employment in the contemporary digital economy and the study conclude that gender does not significantly influence the acquisition or Information and Communication Technology skills required for sustainability. The study recommends that universities offering Economics Education programs should revise their curricula to incorporate ICT entrepreneurship modules. These should include hands-on training in digital skills such as coding, web development, and digital marketing, ensuring that students graduate with practical and market-ready competencies amongst several others.

How Does China’s Digital Economy Affect Green Total Factor Energy Efficiency in the Context of Sustainable Development?

How Does China’s Digital Economy Affect Green Total Factor Energy Efficiency in the Context of Sustainable Development?

Digital empowerment and trade-embodied carbon intensity: insights from value-added decomposition in services

Trade-related carbon emissions have emerged as a significant environmental challenge, yet strategies to mitigate their impact remain underexplored. This paper examines the role of digital empowerment in reducing the trade-embodied carbon intensity of services, with a focus on a value-added trade approach. Using panel data from 67 economies spanning from 1995 to 2018, this paper empirically demonstrates that digital empowerment significantly lowers trade-embodied carbon intensity in services. Key mechanisms driving this reduction include scale effects, intra-industry enhancements, and trade structure optimizations. Our findings reveal that both domestic and foreign digital empowerment sources positively impact trade-embodied carbon intensity reduction, with a more pronounced effect in developing economies compared to developed ones. This study advances the understanding of how the digital economy influences the carbon competitiveness of services and provides critical insights for policymakers in crafting service trade and green development strategies.

FIQIH MUAMALAH DAN FIQIH LINGKUNGAN DALAM MENJAWAB TANTANGAN EKONOMI DIGITAL DAN PELESTARIAN ALAM

The development of the digital economy provides opportunities and challenges in the context of muamalah fiqh and environmental preservation. This research aims to explore the contribution of muamalah fiqh in facing the dynamics of the digital economy and supporting nature conservation. Using a qualitative approach based on literature study, analysis was carried out on the relationship between the principles of muamalah fiqh and digital economic and environmental issues. The results show that muamalah fiqh provides ethical guidance in digital transactions and encourages ecological responsibility through the principles of maqashid sharia.