期刊
ECOLOGICAL ECONOMICS
卷 196, 期 -, 页码 -出版社
ELSEVIER
DOI: 10.1016/j.ecolecon.2022.107393
关键词
Digitalization; Environmental performance; Inverted U-shaped relationship; Institutional framework; Longitudinal analysis; Home country; Innovation; Resource use; Emissions
资金
- Spanish Ministry of Economy and Competitiveness [PID2019-106725GB-I00]
- European Regional Development Fund [LifeWatch2019-10UGR-01_WP6.3, B-SEJ-398-UGR20]
- Andalusian Regional Government [P20_00019]
- French government (Labex Entreprendre) [ANR-10-Labex-11-01]
Digitalization has both positive and negative effects on environmental performance, with the level of a country's institutional framework moderating this relationship.
Digitalization has been seen in the past as a panacea as it has been argued that higher digitalization will translate into better environmental performance. As the process of digitalization has advanced, however, some environ-mental drawbacks have been encountered and need to be addressed. We thus explore the inverted U-shaped relationship between home country digitalization and environmental performance. We hypothesize that in the first stage, home country digitalization has a positive impact on environmental performance (e.g., enhanced energy efficiency and resource management), but then it reaches a tipping point at which an excessive level of digitalization causes a rebound effect, hence increasing the use of resources and resulting in higher pollution. Our panel data of 5015 firms from 47 countries in 10 sectors for the period 2014-2019 confirms our predictions. The panel smooth transition regression model (PSTR) confirms the moderating effect of the level of a country's institutional framework on this relationship between digital transformation and environmental performance. More particularly, our results show that countries with stronger institutional frameworks flatten the inverted U- shaped curve.
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