Research on the Mechanism of Two-Way Interaction between Digital Economy and Household Energy Transition in China

Authors

  • Yi Zhang
  • Jiayue Chai
  • Shuting Miao
  • Jin Chen

DOI:

https://doi.org/10.62051/ijgem.v3n2.06

Keywords:

Digital economy, Green energy efficiency, High quality development, Threshold effect

Abstract

The article selects the inter-provincial panel data from 2015 to 2022, and examines the bidirectional impact of digital economy and China's household energy structure and utilization efficiency and its mechanism of action by using the double-fixed panel model, the mediation and threshold effect model, and the coupled coordination model. The results show that the digital economy has a significant positive impact on household energy structure and utilization efficiency; from the perspective of the impact mechanism, the digital economy can promote the improvement of household energy utilization efficiency and the optimization of structure through the mediating effect of technological innovation; the threshold effect finds that when the digitalization level exceeds 0.661, the digitalization is in the optimal state for driving household energy utilization efficiency in the provincial area; Secondly, this paper focuses on the two-way relationship between the two, and finds that the overall coupling situation is good, and the regional digitalization level and energy efficiency in the "inverted triangle" pattern show a high degree of coupling, and the coupling and coordination phenomenon, which was originally mainly concentrated in the eastern region, has begun to spread to the western region. The purpose of this paper is to promote the acceleration of the national energy transition by playing the positive role of digital economy in promoting the rationalization and advancement of the energy consumption structure, and then reverse the development of China's digital economy, injecting the dual kinetic energy of green and digital into the high-quality development of the economy as a whole.

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Published

28-06-2024

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Section

Arcicles

How to Cite

Zhang, Y., Chai, J., Miao, S., & Chen, J. (2024). Research on the Mechanism of Two-Way Interaction between Digital Economy and Household Energy Transition in China. International Journal of Global Economics and Management, 3(2), 51-71. https://doi.org/10.62051/ijgem.v3n2.06