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Abstract:
Data factor marketization (DFM) can fully leverage the multiplier effect of data and provide impetus for China 's carbon emission efficiency (CEE) improvement. Drawing from the panel data across 282 Chinese cities from 2011 to 2021, this research takes the establishment of data trading platforms as the quasi-natural experiment, and innovatively uses the double machine learning (DML) model to study the impact of DFM on CEE and its mechanisms. The findings indicate that: (1) DFM has a strong favorable impact on CEE. Furthermore, this conclusion remains valid following a series of robustness tests such as adjusting samples and changing models. (2) DFM can influence CEE by accelerating digital finance development, improving technological innovation level and promoting industrial structure towards the direction of advanced development (3) The effect of DFM has obvious regional heterogeneity. It is more significant for non-resource-based, high administrative level, lowintensity environmental regulation and economically developed cities. This study quantifies the promotion effect of the DFM on CEE, and provides important experience and enlightenment for comprehensively deepening the construction of data resource system and achieving sustainable development.
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SUSTAINABLE CITIES AND SOCIETY
ISSN: 2210-6707
Year: 2025
Volume: 119
1 0 . 5 0 0
JCR@2023
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ESI Highly Cited Papers on the List: 0 Unfold All
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Chinese Cited Count:
30 Days PV: 2
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