Haitao Wu

Haitao Wu
Hainan University · International Business School

Ph.D Economics
Macroeconomics; Business Economics; Sustainable Development

About

133
Publications
20,470
Reads
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9,218
Citations
Introduction
Dr. Haitao Wu is currently working in several fields of Economics and Management. He has vast publications with reputed journals such as Journal of Business Ethics, Environmental and Resource Economics, The Energy Journal, Ecological Economics. Notably, he was selected as Top 200 Young Economists (IDEAS/RePEc), Top 2% of Scientists (Stanford and Elsevier) and Highly Cited Young Scientist (Scilit). Furthermore, he was honored with the Best Paper Award in Energy Economics in 2022.
Education
September 2020 - June 2024
Beijing Institute of Technology
Field of study
  • Applied Economics

Publications

Publications (133)
Article
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China is currently undergoing an important stage wherein it is adjusting its development mode and upgrading its industrial structure. Green investment has become a major driving force through which China can achieve green and sustainable development. Based on the panel data of 30 Chinese provinces for the 2006–2017 period, this paper uses a spatial...
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Urban inclusive green growth (UIGG) refers to the synergetic enhancement of the economy, the environment, and the society in a city. Achieving such enhancement requires addressing a series of problems in the development of urbanization, such as unemployment, lack of access to education, insufficient medical resources, inequity, and environmental po...
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Since the 21st century, as the digital economy has flourished and the Fourth Industrial Revolution has deepened, emerging technologies have exerted a significant influence on social development, leading to the rapid informatization and digitalization of society. Therefore, in the digital age, industrial intellectualization and energy intensity may...
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Under the constraint of carbon neutrality targets, the issue of energy poverty has garnered increasing concerns. This study aims to measure energy poverty and assess the impact of renewable energy technology innovation in 30 provinces across China. Furthermore, it calculates city-level energy poverty in 274 cities. By examining the influence of ren...
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Greenwashing has become a strategy for companies to comply with environmental regulations, while also projecting an eco-friendly image. This study examined how executives’ green cognition affected the corporate greenwashing using both fixed effect and moderated mediation models. The findings indicated that the executives’ green cognition significan...
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This article analyzes the substitution symbiosis between China's resource-based and non-resource-based industries through the Lotka-Volterra model, according to the panel data of 33 industries from 2005 to 2020, use a fixed effect model (FEM) to learn more about how industrial substitution symbiosis affects technological innovation. The findings in...
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In the pursuit of climate change mitigation and carbon neutrality, climate policy uncertainty (CPU) poses a threat to enterprises' green, low-carbon, and sustainable development. The intelligent transformation of enterprises is a crucial strategy for addressing climate risks and enhancing energy efficiency. However, there is a lack of research on h...
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Environmental management systems are essential for promoting sustainable development. Rational distribution of environmental management responsibilities among governmental entities is a fundamental requirement and institutional framework. China's Direct Reporting of Environmental Statistics for National Key Supervision Enterprises (DRES) policy is...
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Cities serve as the epicenter of energy consumption, and urban energy transition (UET) is a pivotal prerequisite for achieving carbon peaking and neutrality goals. Leveraging the quasi-natural experiment of China's New Energy Demonstration City Construction (NEDCC), this paper evaluates its impact on UET based on balanced panel data spanning 272 ci...
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Renewable energy technology innovation (RETI) has become essential for mitigating climate change and empowering the world’s carbon peaking and neutrality targets. However, existing studies have not systematically and scientifically assessed the impact of new energy demonstration city construction (NEDCC) on RETI. This paper, based on principal–agen...
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Amid the challenges of frequent extreme climate events and economic recession, digital financial inclusion has emerged as a significant driver of urban green economic growth and a tool for sustainable development. This study presents a theoretical framework to examine the impact of digital financial inclusion on the synergistic governance of pollut...
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Boosting the core competitiveness and operational efficiency of enterprises while minimizing costs through strategic R&D investments is crucial for the advancement of wind power companies. This paper examines data from listed wind power enterprises from 2015 to 2023 and develops a detailed multiple linear regression model for comprehensive analysis...
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In recent years, escalating trade frictions and the surge in “anti-globalization” sentiments have caught global attention. It is well-understood that excessive trade barriers can hinder international trade and economic interactions. Our research, utilizing a mixed logit model, discerns the impact of these barriers on outward foreign direct investme...
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As a product combining information and communication technology, digital technology, and traditional trade, digital trade represents a new form of international trade development in the context of economic globalization. As its scale continues to expand, digital trade not only profoundly impacts consumer health behaviors and environmental pollution...
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Faced with the dual challenges of “achieving carbon peaking by 2030 and carbon neutrality by 2060” and “continuing the battle against pollution,” the concept of synergistic reduction of pollution and carbon (SRPC) has emerged as a novel approach for China to tackle climate change and achieve comprehensive ecological improvement. In terms of the inc...
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The new digital infrastructure (NDI) formed by the organic combination of new-generation information technologies such as 5G, artificial intelligence, and industrial internet is an information highway for data circulation, constitutes the bottom support of the digital economy, and provides excellent new opportunities for enterprises’ green transfor...
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Climate change and environmental pollution have become major problems that threaten the survival of mankind, and it is urgent to integrate ecological and environmental protection into economic development. With deepening social and environmental problems, enterprises are responsible and obligated to promote sustainable development. Therefore, the i...
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Since the energy sector is the primary source of carbon emissions, achieving low carbon emission reduction and meeting the carbon peak and carbon neutrality targets require a full grasp of the symbiotic relationship between the traditional and new energy industries. This study analyzes data from China's conventional energy industries and the new en...
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Regional green technology innovation (RGTI) carries ecological and technological externalities, serving as a crucial force in aligning economic development with the imperative of environmental preservation. Industrial digitalization (indig) exhibits innovative, quality-enhancing, and efficiency-enhancing traits. Yet, the exact effects of indig on R...
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Under the digital transformation strategy, whether the overseas investment activities of firms can achieve reverse green spillover is significant to their implementation of green and low-carbon transformation. Accordingly, we examined the impact of outward foreign direct investment (OFDI) on green technology innovation (GTI) in parent firms under t...
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Enhancing green total factor productivity is a fundamental in attaining sustainable development. Based on China's energy-consuming rights trading (ECRT), the study to examine its effect on firms' green total factor productivity (FGTFP) at the micro level is lacking. Meanwhile, it is also worth exploring what new opportunities the rapid development...
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The booming development of the digital economy is not only greatly affecting the establishment of a modernized industrial system but also contributing to tourism innovation and a new pattern of smart tourism. This study proposes a measurement system for the digital economy from the perspective of digital infrastructure, integrated industrial develo...
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As a comprehensive energy transition reform strategy, China's new energy demonstration city (NEDC) pilot policy aims to accelerate the transformation from a fossil fuel-based energy system to a more sustainable energy system. Employing unique data on firms' energy consumption from National Tax Survey Database, this paper investigates how NEDC polic...
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The large amount of industrial wastewater discharges has significantly limited the sustainable development of China’s resources and posed hazards to human health. In order to contain industrial wastewater discharges, the government has formulated a series of environmental control policies, but the effectiveness of these policies remains a controver...
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As the backbone of the national innovation system, enterprises are the key drivers of economic development and environmental sustainability. However, at the microlevel, research in this area is lacking, as attention is paid on the comprehensive capabilities of top managers, industrial heterogeneity, and heterogeneous green innovation (GI), includin...
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In response to the potential green swans event in the future, China is adopting market‐oriented means to encourage green development, specifically through carbon emission trading schemes. At the same time, under the outbreak of the current global pandemic, it is equally important to consider the impact of black swan events. Therefore, this study ai...
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Environmental innovation is an important practical exploration for enterprises to realize a win‐win situation between economic and environmental benefits. In order to explore the environmental innovation effect of enterprise digital transformation, we empirically examine the impact of enterprise digital transformation on environmental innovation ba...
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Land is the driving force of economic growth, but the proliferation of industrial land has resulted in wasted land resources, impaired economic efficiency, and ecological damage in China. Currently, the digital economy is transforming China’s economic growth model. Exploring the corrective mechanisms of the digital economy for land resource mismatc...
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The global economy has accelerated the transition to a green, low-carbon economy. An enterprise's green innovation (GI) is directly related to its capacity for sustainable production as a micro-subject of economic development. This study examined the impact of managerial capacity on enterprise green innovation and changes of green innovation target...
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Based on the panel data in China from 2010 to 2019, this study explores the role and mechanism of green finance in alleviating energy poverty and verifies the policy effects of green finance using the regression control method (RCM). The empirical results indicate that if the green finance index is increased by 1 unit, the regional energy poverty l...
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Environmental and social responsibility has become aspect of the new definition of China’s economy, and the direction of green development has been further clarified. As the financial system is the lifeblood of a substantial economy, the Chinese government proposed to increase the proportion of direct financing, match the financial structure with g...
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The growth of the internet has a significant impact on the development of energy-saving technology, increased energy efficiency, and decreased power intensity. This study applies the spatial econometric model and the panel threshold model to examine the relationship between Internet development, economic growth, and power intensity in Henan Provinc...
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The long-term extensive economic development has caused China's resource and environmental problems, especially the resource misallocation. The way China prioritises its limited resources is being significantly impacted by the rise of the digital economy and the interconnectedness of new technologies and the real economy. This paper quantitatively...
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Fiscal decentralization is the source of China’s rapid economic growth, but inevitably leads to a surge in total carbon emissions. We verify whether the intermediary mechanism of real estate development and the urban construction investment bonds (UCIB) can share the fiscal pressure of local governments to provide empirical support to clarify and s...
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Digital transformation is a critical paradigm for advancing the in-depth integration of the digital economy and the real economy that can drive enterprises' green and low-carbon transformation. Previous research has primarily analyzed the relationship between digital transformation and green total factor productivity (GTFP) at the macro level; howe...
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Digital transformation is a critical paradigm for advancing the in-depth integration of the digital economy and the real economy that can drive enterprises' green and low-carbon transformation. Previous research has primarily analyzed the relationship between digital transformation and green total factor productivity (GTFP) at the macro level; howe...
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How to break the labor gap caused by population aging has triggered an excellent concern for sustainable development in various countries. Meanwhile, Industry 4.0 is leading the world to explore the artificial intelligence field. Therefore, a deeper analysis of the effects of labor substitution of artificial intelligence on carbon emissions in the...
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China has promoted innovation‐driven and green development to unprecedented strategic heights. However, compared to the large and rapid innovation investment, total factor productivity's (TFP) growth rate has shown a downward trend. Consequently, this study assesses the inefficiency caused by resource mismatch and discusses the impact of green inno...
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China is a major robot-use and carbon-emitting country, and it is imperative to explore industrial robots' impact on carbon emissions to achieve the nation's planned low-carbon transition. Previous studies have neglected to consider the energy rebound stimulating effect of adopting industrial robots. To address this gap, we explored the relationshi...
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The digital economy has demonstrated strong resilience and great potential, under the interwoven influence of the global pandemic and severe environmental concerns across the world. Therefore, there is a need to focus on the value of green economic growth in the digital economy. This paper constructs an evaluation index system and adopts the SEEA (...
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How to control the global temperature rise within 1.5 °C in the post-COVID-19 era has attracted attention. Road transport accounts for nearly a quarter of global CO 2 emissions, and the related sulfur dioxide (SO 2 ) emissions also trigger air pollution issues in population-intensive cities and areas. Many cities and states have announced a timetab...
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The concept of constraints created by economic growth targets (CCEGTs) is an important way for the Chinese government to promote rapid economic development and implement macroeconomic management. The past practices of China have shown that this concept plays a crucial role in maintaining long-term economic growth. Using the data of 30 provinces fro...
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Trade liberalization for environmental goods (EG) could pave the way for a “win‐win” scenario for both the economy and the environment. This study examines the impact of environmental good exports on the comprehensive economic development and environmental protection index, green total factor productivity (GTFP), using a Chinese city‐level panel da...
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In China, urbanization is mainly stimulated by resource flows, and industrialization is normally accompanied by an increase in the proportion of the urban population and urban land area. During the process, urbanization at a rapid pace often induces a huge consumption of energy and environmental emissions. Nevertheless, it is also worth considering...
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Climate change has a profound impact on human survival and development. Climate change is an energy and economic issue, which should be driven by technology. Total factor energy efficiency (TFEE) improvement is undoubtedly a breakthrough in solving energy problems. In this paper, the fixed effect model, impulse response function, and threshold regr...
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Industrial agglomeration not only brings economic prosperity, but also raises concerns about its environmental impact. How to balance industrial agglomeration and inclusive economic growth is a major challenge for today's social development. On the foundation of the balanced panel data of 164 cities in China from 2003 to 2013, our study employs the...
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Improving energy efficiency is critical to breaking the resource curse. Using the GML Productivity Index, we measured the China's green total factor energy efficiency (GTFEE) and systematically explored the effects of environmental regulations on GTFEE. This article focuses on the threshold effect of environmental regulation (ER) on GTFEE at differ...
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In the context of the outbreak of the COVID‐19 pandemic and China's “digital power” strategy, the realization of a green shift of manufacturing has become a necessary condition to promote the economy, and the digital factor has increasingly become a new driving force. The DEA‐Malmquist index and entropy method were used to measure the manufacturing...
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In the context of sustainable development, countries around the world shed more light on green innovation in their environmental policies, and the digital economy may take a vital part in improving green innovation. Predicted on the panel data of 278 cities in China from 2011 to 2019, this research administrates the principal component analysis (PC...
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Tax reductions for firms in the real economy are important reforms to address slowdowns in economic development in the complex current social and economic situation. To deeply explore the influence of tax reductions on firm development, this article considers firm total factor productivity as an indicator. A policy allowing accelerated depreciation...
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The current serious resource constraints and ecological problems have brought new challenges to China's economic growth. Improving green total factor energy efficiency (GTFEE) and reducing energy consumption are necessary ways to achieve economic transformation and sustainable development. Based on the panel data of 30 Chinese provinces for the 200...
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Due to the benefits brought by progress in digital technology, the digital economy is profoundly changing the production and lifestyles of human beings, thus promoting the dual digital transformation of the energy supply side and demand side and having a profound impact on energy consumption. Based on 2011–2018 panel data on 30 provinces and 205 ci...
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The coming of the internet era has converted traditional energy utilization methods, and with the emergence of new internet-based technologies, the internet is likely to exert a greater influence on reducing electricity intensity. The impact mechanism of the internet development level on electricity intensity are analyzed and a sample of 30 Chinese...
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Building a green and healthy economic system and achieving high‐quality economic growth have long been the development goals pursued by the Chinese government. Under the local government competition system, coordinating the relationship between economic growth and ecological sustainability is a decisive factor for China's high‐quality development....
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Informatization and digitization have become breakthrough topics in China's economic development and environmental governance. In the same vein, knowledge, technology spillovers, and economic agglomeration effects of telecommunications infrastructure may enhance eco-efficiency. This study adopts the heterogeneous timing difference-in-difference (DI...
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The governments of the Beijing-Tianjin-Hebei urban agglomeration have introduced a series of environmental policies to ameliorate pollution problems, but there are concerns that such a move can negatively impact the economy. In this article, panel data for 13 prefecture-level cities in the Beijing-Tianjin-Hebei region from 2003 to 2018 are used to...
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In the era of information economy, the integration of the internet and traditional industries is pushing the rapid transformation of the world economy in a more innovative, smarter, and greener direction. Based on the panel data for 30 Chinese provinces for the 2006–2017 period, the level of China’s internet development is comprehensively evaluated...
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Actual environmental pollution will worsen people's perception of environmental problems, which may affect people's perception of government corruption, and thus affect the governments' credibility and social stability. From the micro perspective of residents' comprehensive feelings on environmental issues, this paper uses panel data for the period...
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Under the network public opinion ecology in the Omni-media Era, corporate social responsibility (CSR) performance can provide important internal and external environmental support for improving corporate development quality. Based on the data of Chinese listed companies from 2010 to 2019, this paper evaluates the impact and mechanism of CSR on corp...
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Inclusive green growth, which considers green growth, inclusive growth and growth, is a sustainable development model that aims to pursue the comprehensive and harmonious growth of humans, the economy, society, and the environment. Against the backdrop of the pandemic as well as sluggish economic development, the global economy is endowed with a dr...
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Environmental emergencies are associated with great harm, sudden onset and high publicity and cause serious damage to a broad range of ecological environmental, human health and social properties in a short period of time. Environmental decentralization can help local governments strengthen their independence and make better use of the advantages o...
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Total factor productivity (TFP) indicators or indices are usual measurements for evaluating economic performance in terms of output and input evolution. This approach has been extended in the environmental dimension in the literature. However, the social dimension is equally important for a comprehensive TFP, which is ignored in existing studies. U...
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Due to global warming and increasingly severe resource and environmental constraints, the role of renewable energy in reducing pollutant emissions and mitigating environmental degradation has gradually attracted the attention of all countries. This study examines the relationship between government corruption, market segmentation, and renewable ene...
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The new energy demonstration city policy (NEDC), an essential economic system aiming to implement innovative development strategies and energy structure transformations in China, is crucial for solving the current plight of resource-based cities. This paper studies the effect of the implementation of the NEDC on the green total factor productivity...
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Air pollution is an important factor affecting the quality and green and sustainable development of China's economy, and urban sprawl is also a typical fact of non-intensive development of urban land. At the same time, Chinese-style fiscal decentralization promotes urban sprawl through top-down yardstick competition, which has a serious impact on a...
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With the rapid development of China's economy, the problem of environmental pollution has become increasingly serious. Given that China’s current environmental quality threatens its long-term sustainable economic development, certain attention must be paid to curb environmental pollution in China. As a developed country with a high level of environ...
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The outbreak of novel coronavirus (COVID-19) has become a global concern that is deteriorating environmental quality and damaging human health. Though some researchers have investigated the linkage between temperature and COVID-19 trans-missibility across different geographical locations and over time, yet these studies are scarce. This study aims...
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The development of internet information technology has promoted the integration of modern information technology with medical treatment. Chinese interprovincial panel data from 2006 to 2017 are used to study the impact of internet development on the health of Chinese residents. Specifically, this paper builds a system for evaluating four dimensions...
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Based on the panel data of 46 countries in “Belt and Road” (B&R) from 2004 to 2016, this paper studies the impact of innovation investment and institutional quality on green total factor productivity (GTFP). Firstly, the ICRG database, World Bank WDI database, Traditional Foundation database, and Wind database are matched to obtain the balanced pan...
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China is gradually changing its pursuit of rapid economic growth into a pursuit of economic development quality. In this context, whether “cyberpower” and “digital China” strategies are truly conducive to China's sustainable development still needs to be further tested. This paper constructs China's provincial information and communication technolo...
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With the continuous expansion of the city scale and the continuous deepening of the innovation-driven concept, an innovative city pilot program, as a momentous spatial measure of the national innovation strategy, is of great significance for Ch