Does the Digital Economy Promote Renewable Energy?—Evidence From a Cross‐National Sample
Lin Liu et al.
What the paper says
Renewable energy is one of the key factors in mitigating climate change and achieving sustainable development. With digital technology at its core, the digital economy has gradually become a new driving force for renewable energy development. However, few studies have examined the impact of the digital economy on renewable energy from a global perspective and explored the transmission mechanisms. Based on the cross‐country data of 68 countries (regions) from 2013 to 2021, this paper adopts a panel model to study the impacts of the digital economy on renewable energy. The results show that (1) digital economy has a positive impact on renewable energy; (2) the impact of digital economy on renewable energy is asymmetric and heterogeneous; (3) the impact of digital economy on renewable energy development has obvious threshold characteristics; (4) digital economy indirectly affects renewable energy through technological innovation and financial development. The research in this paper provides a theoretical basis for promoting renewable energy development and a reference and guidance for countries to realize sustainable development in the context of the digital economy.
7 citations
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.47 × 0.4 = 0.19 |
| M · momentum | 0.68 × 0.15 = 0.10 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.