Asset Details
Do you wish to reserve the book?
Can Artificial Intelligence Improve the Energy Efficiency of Manufacturing Companies? Evidence from China
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Can Artificial Intelligence Improve the Energy Efficiency of Manufacturing Companies? Evidence from China
Do you wish to request the book?
Can Artificial Intelligence Improve the Energy Efficiency of Manufacturing Companies? Evidence from China
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Can Artificial Intelligence Improve the Energy Efficiency of Manufacturing Companies? Evidence from China
2022
Overview
Improving energy efficiency is an important way to achieve low-carbon economic development, a common goal of most nations. Based on the comprehensive survey data of enterprises above a designated size in Guangdong Province, this paper studies the impact of artificial intelligence on the energy efficiency of manufacturing enterprises. The results show that: (1) artificial intelligence, as measured by the use of industrial robots, has significantly improved the energy efficiency of manufacturing enterprises. This conclusion is still robust after introducing data on industrial robots in the United States over the same time period as the instrumental variable for the endogeneity test. (2) The mechanism test shows that artificial intelligence mainly promotes the improvement in energy efficiency by promoting technological progress; the impact of artificial intelligence on the technological efficiency of enterprises is not significant. (3) Heterogeneity analysis shows that the age of the manufacturing enterprises inhibits a promoting effect of artificial intelligence on energy efficiency; manufacturing enterprises’ performance can enhance the promoting effect of artificial intelligence on energy efficiency, but this promoting effect can only be shown when the enterprise performance is positive. The paper clarifies both the impact of artificial intelligence on the energy efficiency of manufacturing enterprises and its mechanism of action; this will help provide a reference for future decision-making designed to improve manufacturing enterprises’ energy efficiency.
Publisher
MDPI AG,MDPI
Subject
