Xiuwu Zhang’s research while affiliated with Huaqiao University and other places

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Publications (14)


Impact of digital technology on carbon emissions: Evidence from Chinese cities
  • Article
  • Full-text available

April 2023

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86 Reads

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60 Citations

Yang Shen

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Zhihong Yang

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Xiuwu Zhang

Introduction Promoting the development of digital technology is an important step in meeting the challenge of global climate change and achieving carbon peaking and carbon neutrality goals. Methods Based on panel data of Chinese cities from 2006 to 2020, this paper used econometrics to investigate the impact and mechanism of digital technology on carbon emissions. Results The results showed that digital technology can significantly reduce carbon emission intensity and improve carbon emission efficiency. These results remained robust after changing the estimation method, adding policy omission variables, replacing core variables, and solving the endogeneity problem. Digital technology can indirectly reduce carbon emissions by promoting green technological innovation and reducing energy intensity, and it plays a significant role in the carbon emission reduction practices of carbon emission trading policies and comprehensive national big data pilot zones. The replicability, non-exclusivity, and high mobility of digital technology help to accelerate the spread of knowledge and information between different cities, which leads to a spillover effect on carbon emission reductions. Our unconditional quantile regression model results showed that digital technology’s carbon emission reduction effect continuously decreases with increases in carbon dioxide emissions. Discussion The results of this paper provide evidence for the potential use of digital technology in achieving the goal of carbon neutrality, which is of great significance for achieving high-quality innovation and promoting the green transformation of the economy and society.

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Parameters of economic coefficient, water content, and carbon absorption of crops.
Difference of human landscapes.
Descriptive statistics of the variables.
Benchmark regression results.
Results of robustness test and endogenous test.

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Digital Financial Inclusion, Land Transfer, and Agricultural Green Total Factor Productivity

April 2023

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92 Reads

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58 Citations

Improving agricultural green total factor productivity is important for achieving high-quality economic development and the SDGs. Digital inclusive finance, which combines the advantages of digital technology and inclusive finance, represents a new scheme that can ease credit constraints and information ambiguity in agricultural production. First, this study focused on agro-ecological functions; we incorporated total agricultural carbon sequestration and emissions extraction into the evaluation system and used the mixed-direction-distance function to calculate agricultural green total factor productivity. Then, based on panel data from 31 provinces in China collected from 2011 to 2021, we used the two-way fixed effect model, the interactive fixed effect, and the plausibly exogenous variable method to test the impact of digital financial inclusion on agricultural green total factor productivity, and its mechanism of action. The panel-corrected standard error and fixed effect Driscoll–Kraay methods were used to account for the unobserved heterogeneity and cross-section dependence in the panel data. The results showed that digital financial inclusion can significantly improve agricultural green total factor productivity. This conclusion remained valid following robustness tests using the spatial econometric model and the method of changing explanatory variables. Digital financial inclusion can improve agricultural green total factor productivity by facilitating the transfer of agricultural land. Sound digital infrastructure and strict green credit policies enhance the role of digital inclusive finance in promoting the green development of agriculture. These conclusions could help the financial sector to formulate flexible, accurate, reasonable, and appropriate financial policies and products that would support agriculture, and enhance the role of digital inclusive finance in promoting sustainable agricultural development.


Definitions of variables.
Baseline regression analysis.
Robustness test.
Endogenic processing.
Test of mediating effect.
The Effect of Environmental Regulation on the Efficiency of the Green Economy: The Intermediary Role of the Aggregation of Innovative Elements

March 2023

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15 Reads

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4 Citations

Green development is the only way to realize harmonious coexistence between people and nature, so it is of great significance to create a benchmark for high-quality development. Based on the panel data of 30 provinces (except Tibet, Hong Kong, Macao, and Taiwan) in China from 2009 to 2020, the super-efficiency slacks-based measure model was used to calculate the green economic efficiency of various regions in China, and a related statistical model was used to verify the influence of different types of environmental regulation policies on green economic efficiency and the intermediary effect of innovation factor agglomeration. The results show that: (1) during the inspection period, the influence of public-participation environmental regulation on the efficiency of the green economy presents an “inverted U” trend, while command-control and market-incentive environmental regulation policies inhibit the improvement of green economic efficiency; (2) the agglomeration of innovative elements plays a significant intermediary role in the transmission path of environmental regulation affecting green economic efficiency, but the intermediary effects of different types of environmental regulation are slightly different. Finally, we discuss environmental regulation and innovative elements, and some corresponding suggestions are put forward.


Variable descriptive statistics.
Results of benchmark regression.
Results of the robustness test.
Endogenous test results.
The results of the mechanism test.
Study on the Impact of Environmental Tax on Industrial Green Transformation

December 2022

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167 Reads

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37 Citations

Tax revenue is one of the essential means through which the government controls the macro-economy and plays a vital role in promoting environmental protection and sustainable development. This study takes Chinese panel data from 2004 to 2020 as sample observations, uses the SBM-GML index method to measure industrial green total factor productivity, and then uses econometric methods such as the two-way fixed effects model and instrumental variable method to analyze the impact of an environmental tax on industrial green transformation. It is found that the generalized environmental tax represented by vehicle and vessel tax, resource tax, and urban land use tax has a significant positive effect on industrial green transformation. After a series of robustness tests and the exclusion of endogeneity, this conclusion remains valid. The research shows that credit governance, the agglomeration of producer service, and their co-agglomeration with manufacturing are important adjustment mechanisms. Among them, credit management is special and compulsory, greatly restricting the environmental pollution behavior of industrial enterprises, and encourages enterprises to make green investments and to actively improve production processes.


Citations (11)


... The No.1 Central Document for 2024 issued by the Communist Party of China and the State Council calls for a unified system to protect arable land's quantity, quality, and ecology, enhancing governance of degraded lands, intensifying black soil protection, boosting organic matter in arable land, promoting local fallow land utilization, and prioritizing grain and economic crop production on suitable lands. However, the interplay of various factors, including the rise in extreme weather occurrences in recent years [2,3], intensifying global geopolitical tensions, the over-reliance on chemical fertilizers and pesticides by agricultural producers [4], and unsustainable farming methodologies, has exacerbated the conflict among food security, economic advancement, and the preservation of arable land. This issue has become increasingly pronounced in numerous densely populated regions of China, where land resources are ...

Reference:

Can digital literacy promote farmers’ cultivated land quality protection behaviors?
Cleaner Production: Analysis of the Role and Path of Green Finance in Controlling Agricultural Nonpoint Source Pollution

Economics E-Journal

... AI technology also improves production efficiency and reduces the introduction of raw materials through efficient allocation and reuse of resources. From the perspective of technological innovation, DT is not only conducive to the rapid screening, sorting and analysis of existing stock knowledge, but also can give optimization suggestions, and improve the efficiency of R&D personnel to obtain external knowledge (Shen and Zhang, 2024b;. The digital experimental platform provides BI with the conditions for simulation and data analysis, reducing the risk of innovation failure. ...

Towards a low-carbon and beautiful world: assessing the impact of digital technology on the common benefits of pollution reduction and carbon reduction

... Aiming to reduce the greenhouse gas emissions, data-driven IoT systems have been developed to monitor and to control the activities leading to higher energy consumption. This has led to the generation of renewable energy on-site and performing closed-loop measurements of carbon consumption and waste [150]. Furthermore, such monitoring systems in agriculture would also support to reduce the impact of soil erosion, densification, salinization, acidification, and pollution due to the discharge toxic elements. ...

Impact of digital technology on carbon emissions: Evidence from Chinese cities

... On one hand, some researchers assert that finance is essential for the optimal allocation of resources. They suggest that a robust financial sector can effectively reduce the costs associated with financing green development, and that green financial instruments play a crucial role in curbing carbon emissions (Zhao C. et al., 2024;Guo et al., 2024;Lv et al., 2024). Additionally, financial agglomeration contributes to the diminution in agricultural carbon emissions . ...

Impact on green finance and environmental regulation on carbon emissions: evidence from China

... Furthermore, emerging technologies such as fintech innovations, central bank digital currencies (CBDCs), and instant payment methods are reshaping the landscape of financial services in developed countries. These technologies hold significant promise for enhancing financial inclusion by offering alternative financial products and reducing transaction costs (Ediagbonya & Tioluwani, 2023;Nnaomah et al., 2024;Yang et al., 2024). However, their adoption also presents challenges, particularly for vulnerable populations who may lack digital literacy or access to necessary technological infrastructure Salleh et al., 2024;. ...

Analysis of the Effect of Digital Financial Inclusion in Promoting Inclusive Growth: Mechanism and Statistical Verification

Economics E-Journal

... Control Action Plan" in 2013 [6] and the "Three-Year Action Plan for Winning the Blue Sky" in 2018 [7]. These policies have significantly reduced regional PM 2.5 levels [8][9][10]. However, severe haze events in northern Chinese cities during the winters over the past decade still underscore the persistent threat of PM 2.5 to public health. ...

Blue Sky Protection Campaign: Assessing the Role of Digital Technology in Reducing Air Pollution

... AI can have a positive impact on environmental performance by promoting innovation in green technologies . Moreover, AI can also give rise to many new technologies that can improve labor productivity, deepen capital, and contribute to the labor market as a whole (Shen and Zhang 2024), thus effectively allocating resources and promoting high-quality development. AI has emerged as a pivotal technology driving social development and a reliable catalyst for greenhouse gas emission reduction (Zhong et al. 2024). ...

The impact of artificial intelligence on employment: the role of virtual agglomeration

Humanities and Social Sciences Communications

... It is mainly calculated by using urban and rural power consumption data and based on annual power carbon dioxide emission factors. This index has not been fully reflected in previous studies (Zhang et al., 2019;Guo et al., 2023;Wei et al., 2023). ACE has the characteristics of multiple sources and subjects, and the construction of a specialized carbon emission accounting inventory will make the results closer to the real value of agricultural economic development. ...

Prediction of agricultural carbon emissions in China based on a GA-ELM model

... Financing through flexible financial products facilitates long-term investments. Shen et al. (2023) suggested that sustainable development could be funded through suitable and flexible products via digital financial participation. Similarly, Mapanje et al. (2023) pointed out that fintech has the potential to enhance financing efficiency. ...

Digital Financial Inclusion, Land Transfer, and Agricultural Green Total Factor Productivity

... Environmental regulation has led to a decrease in the overall performance of multiple industries, specifically the petrochemical, ferrous metal, and paper sectors, resulting in a decline in the gross national product of the United Kingdom (Jorgenson and Wilcoxen 1990). According to a study by Guo and Zhang (2023), environmental regulatory tools, including both command-and-control instruments and market-based approaches, can negatively impact the development of the green economy. Additionally, the severity of environmental regulations, exemplified by their harmful effects on the number of patents related to green technological advancements, suggests that these regulations impede innovation in this field (Wagner 2007;Chintrakaen 2008). ...

The Effect of Environmental Regulation on the Efficiency of the Green Economy: The Intermediary Role of the Aggregation of Innovative Elements