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How Does Industrial Intellectualization Affect Energy Intensity? Evidence from China

Abstract:
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 interact. In this study, an industrial intelligent system is constructed considering three aspects, and the relationship is explored between industrial intellectualization and energy intensity from 2006 to 2018 in China. Industrial intellectualization can effectively improve energy efficiency and thus restrain energy intensity with a significant lag effect. In addition, China's energy intensity is highly spatially autocorrelated and spatially agglomerated. The negative spatial spillover effect of industrial intellectualization on energy intensity is also of concern. Finally, the nonlinear effects of industrial intellectualization on energy intensity are comprehensively analyzed under different levels of economic growth, technological progress, industrial restructuring, educational progress, financial development, and environmental regulation.

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Keywords: Energy intensity, Industrial intellectualization, Spatial econometrics, Threshold panel model

DOI: 10.5547/01956574.45.2.hawu

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Published in Volume 45, Number 2 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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