Evidence map›Paper›PMID 40616645›Full record

ArticleCarbon balance and management2025

Carbon co-benefits of digital economy and green finance: empirical evidence from China.

Yayun Ren, Xiaohang Xu, Yantuan Yu, Zhenhua Zhang

Abstract read
In one paragraph

Article in Carbon balance and management, 2025. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 2 papers.

0numbers the graph read from it
0cells of the map it votes in
2citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

2 citing papers in PubMed.

  1. Article
  2. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Yayun RenSchool of Economics, Guizhou University of Finance and Economics, Guiyang, 550025, China.
Xiaohang XuSchool of Economics, Guizhou University of Finance and Economics, Guiyang, 550025, China.
Yantuan YuSchool of Economics and Trade, Guangdong University of Foreign Studies, Guangzhou, 510006, China. yantuanyu@gdufs.edu.cn.
Zhenhua ZhangSchool of Economics, Lanzhou University, Lanzhou, 730000, China. zhangzhenhua@lzu.edu.cn.

Funding

National Social Science Fund of China 24CJY085
6 · The paper itself

Abstract

Addressing the carbon co-benefits of policy tools requires simultaneous improvements in both the quantity and quality of carbon abatement to achieve long-term sustainability and equity. Driven by digital technologies and bolstered by green capital, the combination of the digital economy and green finance (DEGF) establishes an effective mechanism for attaining sustainable development goals. Treating the coordinated implementation of the National Big Data Comprehensive Pilot Zones (NBDCPZ) and Green Finance Reform and Innovation Pilot Zones (GFRIPZ) policies in China as a quasi-natural experiment, we identify the carbon co-benefits of DEGF using the Synthetic Control Method with penalized regression technique. Empirical findings show that DEGF significantly promotes simultaneous improvements in both the quantity and quality of carbon mitigation. These findings are robust across various validation tests, including time-placebo test, alternative model specification, and double machine learning algorithms. According to mechanisms analysis, improving green technological innovation and human capital level are the main channels that DEGF produces carbon co-benefits. The study provides China and other emerging economies seeking to promote sustainable development through digital-green integration with policy-relevant implications.

Indexed as

Carbon co-benefitsDigital economy and green financeGreen technological innovationHuman capital levelSynthetic control method

Identifiers

PMID40616645
PMCPMC12228155

What OpenQuestion holds

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LicenceCC BY-NC-ND
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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.