In the context of extreme climate events and increasingly stringent environmental regulation, insufficient corporate green resilience has become a micro-level bottleneck to achieving China’s “dual-carbon” targets. Using panel data on Chinese A-share listed firms from 2015 to 2023, this study treats the approval of the National Pilot Zone for Artificial Intelligence Innovation Applications as a quasi-natural experiment and employs a double machine learning (DML)–augmented difference-in-differences framework to estimate the causal impact of the policy on firms’ green resilience. We find that the pilot-zone policy significantly increases corporate green resilience by about 32%, with stronger effects among high-tech firms, non-heavily polluting industries, regulated sectors, and large enterprises. Mechanism analyses show that the policy improves green resilience through four channels—accelerating green innovation, enhancing supply-chain efficiency, alleviating financing constraints, and reducing operating costs—with innovation and supply-chain efficiency playing dominant roles. These findings provide firm-level causal evidence that AI-oriented place-based policies can strengthen firms’ capability to sustain green development under disturbances and inform the coordination of the “Digital China” and “Dual Carbon” agendas.
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Yuzeng Xin
Nanning Normal University
Xihao Zeng
Guangxi University
Jingru Gao
Hainan University
Sustainability
Guangxi University
Hainan University
Nanning Normal University
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Xin et al. (Wed,) studied this question.
synapsesocial.com/papers/6a192d7efab5b468c4416621 — DOI: https://doi.org/10.3390/su18115388
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