XIUWU ZHANG

XIUWU ZHANG


Research Focus & Metrics

Academic Career Length

15Years (2012-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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10 April 2023 in Sustainability
Verified
Journal Article
Open access
PDF file
YSYang Shen
Yang Shen
XGxiaoyang Guo
xiaoyang Guo
XZXIUWU ZHANG
XIUWU ZHANG
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.

24 April 2023 in Frontiers in Ecology and Evolution
Verified
Journal Article
Open access
YSYang Shen
Yang Shen
ZYZhihong Yang
Zhihong Yang
XZXIUWU ZHANG
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.

YSYang Shen
Yang Shen
XZXIUWU ZHANG
XIUWU ZHANG
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.
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7 February 2024 in Frontiers in Environmental Science
Verified
Journal Article
Open access
XGXiaoyang Guo
Xiaoyang Guo
JYJingyi Yang
Jingyi Yang
YSYang Shen
Yang Shen
XZXIUWU ZHANG
XIUWU ZHANG
Introduction: Achieving peak carbon dioxide emissions and carbon neutrality is an extensive and profound systematic economic and social change. Through market-oriented financial means, green finance has moved forward the effective governance port, curbed polluting investment and promoted technological progress such as green low-carbon, energy conservation and environmental protection, which has become a powerful starting point to support the practice of low-carbon development.Methods: Based on the panel data of 30 provinces in China (except Tibet, Hongkong, Macau and Taiwan Province) from 2004 to 2021, this paper calculates the development level of green finance in China provinces by using entropy weight method, and on this basis, uses mathematical statistical model to verify the impact of green finance and its sub-dimensions on carbon emissions and the regulatory effect of heterogeneous environmental regulation tools.Results: The results show that the development of green finance has a significant inhibitory effect on carbon emissions during the investigation period, and there is a time lag effect. After a series of robustness tests and considering endogenous problems, this conclusion still holds. From the results of heterogeneity analysis, the carbon emission reduction effect of green credit is the most obvious, and the impact of green finance on carbon emission is slightly different in different regions. Besides, Command-controlled environmental regulation tools and public participation environmental regulation tools play a positive regulatory role in the transmission path of green finance’s impact on carbon emissions, but market-driven environmental regulation tools cannot effectively enhance the carbon emission reduction effect of green finance development.Discussion: The research results of this paper provide a basis for the government to formulate flexible, accurate, reasonable and appropriate green financial policies, help to strengthen the exchange and cooperation between regions in reducing carbon and fixing carbon, and actively and steadily promote China’s goal of “peak carbon dioxide emissions, carbon neutrality”.
1

JWJiangying Wei
Jiangying Wei
XZXIUWU ZHANG
XIUWU ZHANG
Against the backdrop of the pressing issue of global warming, the concept of green development, which emphasizes the rational utilization of resources and energy, has emerged as a viable model for future economic growth. Despite this, the interplay between big data technology and green development has yet to receive due consideration. This study aims to shed light on the role of big data in green development from the perspective of factor configuration distortion. To this end, a panel data analysis of 284 prefecture-level cities spanning from 2007 to 2020 was conducted, utilizing the Difference-in-Differences (DID) and Propensity Score Matching-Difference-in-Differences (PSM-DID) models to assess the impact of the establishment of the National Big Data Comprehensive Experimental Zone on green total factor productivity. The findings reveal that the establishment of the National Big Data Comprehensive Experimental Zone has a positive impact on green total factor productivity, primarily through optimizing the capital and labor allocation distortions, with the effect being more pronounced in areas with high levels of human capital, financial development, and economic activity. This research provides empirical evidence to evaluate the impact of the establishment of the National Big Data Comprehensive Experimental Zone and offers valuable policy implications for the pursuit of high-quality economic development.

5 February 2024 in Systems
Verified
Journal Article
Open access
PDF file
YSYang Shen
Yang Shen
XZXIUWU ZHANG
XIUWU ZHANG
Air pollution severely threatens people’s health and sustainable economic development. In the era of the digital economy, modern information technology is profoundly changing the way governments govern, the production mode of enterprises, and the living behavior of residents. Whether digital technology can bring ecological welfare needs to be further studied. Based on panel data from 269 Chinese cities from 2006 to 2021, this study empirically examines the impact of digital technology on air pollution by using the two-way fixed effect model. The results show that digital technology will significantly reduce the concentration of fine particles in the air and help protect the atmospheric environment. The results are still valid after using the interactive fixed effect model and the two-stage least square method after the robustness test and causality identification. Digital technology can also reduce the air pollution by promoting green innovation, improving energy efficiency, and easing market segmentation. The effect of digital technology on reducing the concentration of fine particles in the air is heterogeneous. Digital technology plays a more substantial role in reducing pollution in resource-based cities and areas with a high degree of modernization of the commodity supply chain. The positive effect of digital technology in reducing air pollution is affected by the amount of air pollutants emitted. When the concentration of PM2.5 in the air is high, the role of digital technology in protecting the atmosphere will be strongly highlighted. This research is a beneficial exploration of protecting the atmospheric environment by using digital technology while building an ecological civilization society. The conclusion will help urban managers, the public, and business operators entirely use modern equipment such as 5G, remote sensing, and the Internet of Things in their respective fields to protect the atmospheric environment.