Yi Liu, Haihang Hu, Xiao Tong
As China advances towards the achievement of its dual-carbon goals, the traditional manufacturing sector is confronted with a range of challenges, particularly in terms of industrial upgrading and the transition to low-carbon development. Utilizing the technology-organization-environment (TOE) framework, this paper examines the factors driving the green transformation of traditional manufacturing industries in the context of the digital economy, focusing on the interplay between organizational, technological, and environmental dimensions. Furthermore, this paper constructs the system dynamics model to research the green transformation mechanism of the traditional manufacturing industry with Vensim software based on the data from 2015 to 2020. The simulation experiments predict the different green development paths of traditional manufacturing through environmental regulation, digital technology innovation and green technical standards, which can enhance the green total factor productivity and reduce the carbon dioxide emission degree of China's traditional manufacturing industry.
Traditional manufacturing industry; Green transformation; Digital economy; Technology-organization-environment; System dynamics