The impact of green innovation resilience on energy efficiency: A perspective based on the development of the digital economy.

As digital economy develops, its impact on green innovation and energy efficiency has become the focus of current research. To explore the impact of the current development of the digital economy on the energy industry, this paper selects the parameter of green innovation resilience, analyzes the impact mechanism of green innovation resilience on energy efficiency under the shock of digital economic development, and uses relevant data from 284 cities in China from 2011 to 2019 for empirical testing. It is found that: green innovation resilience promotes energy efficiency; low level of green innovation resilience inhibits the improvement of energy efficiency, while high level of resilience promotes energy efficiency; the initial stage of digital economic development generates resource grabbing and the effect of technological constraints, which weakens the role of green innovation resilience in promoting energy efficiency. The results indicate that the resilience of the green innovation system should be strengthened in order to fully tap the potential for promoting energy efficiency; the policy orientation of "digital greening-energy efficient" should be pursued in the development of digital economy; the rational allocation of resources and the implementation of green standards should be strengthened in the process of digital economic development; and the constraints on energy efficiency improvement in the early stage of digital economic development should be broken through by accelerating the digitalization process.

Impact of Environmental Regulation on Carbon Emissions in Countries along the Belt and Road-An Empirical Study Based on PSTR Model.

Since China has put forward the Belt and Road Initiative in 2013, research on the BRI-related countries along the Belt and Road has sprung up. With the advent of the era of carbon peak and carbon neutralization, environmental regulation, as one of the important methods to control carbon emissions, is becoming increasingly prominent. Research on the impact pathway of environmental regulation of countries along the Belt and Road on carbon emissions has important implications for environmental protection and carbon emission reduction. Based on the panel data of 38 countries along the Belt and Road from 2005 to 2018, this research applied linear Tobit model and nonlinear dynamic panel regression model (PSTR) to evaluate the direct impacts on carbon emissions from environmental regulation of countries along the Belt and Road, and to analyze the different impacts of environmental regulation on carbon emissions in terms of technical innovation, industrial structure, and energy intensity. We found that (1) the direct impact of environmental regulation on carbon emissions in the countries along the Belt and Road is positive, with slight differences between the Silk Road Economic Belt and 21st Century Maritime Silk Road (2) when technical innovation is at a low level, environmental regulation promotes carbon emissions, while at a high level, environmental regulation significantly inhibits carbon emissions. (3) When industrial structure is at both a low and high level, environmental regulation inhibits carbon emissions, with a stronger degree of inhibition at a higher level. (4) When energy intensity is at a low level, environmental regulation promotes carbon emissions, while at a high level, environmental regulation inhibits carbon emissions. Accordingly, we suggest that countries along the Belt and Road follow the road of sustainable and low-carbon development, which should further enhance their focus on environment protection, improve their environmental awareness, and take environmental regulation measures rationally to reduce carbon emissions. Meanwhile, relevant adjustments should be done on technical innovation, industrial structure, and energy intensity to achieve carbon emission reduction.