Proceedings of the 2026 5th International Conference on Big Data Economy and Digital Management (BDEDM 2026)

Impact Mechanism of Data Element Market Construction on Green Innovation in High-Carbon Industries

Authors
Lin Sun1, *, Jun Zeng1
1Shandong Vocational and Technical University of International Studies, Rizhao, 276826, China
*Corresponding author. Email: linsun202511@gmail.com
Corresponding Author
Lin Sun
Available Online 20 April 2026.
DOI
10.2991/978-94-6239-640-1_29How to use a DOI?
Keywords
data element market; data trading platform; high-carbon industries; green innovation; digital transformation; green finance; difference-in-differences
Abstract

This paper investigates how the construction of data element markets—represented by the establishment of local data trading platforms and supporting institutional rules—shapes green innovation in high-carbon industries. Using a firm-level panel of China’s listed firms in high-carbon sectors from 2011 to 2023, the paper employs a multi-period difference-in-differences design with two-way fixed effects to identify the policy effect. Results indicate that data element market construction significantly raises green innovation, with dynamic effects that strengthen after platform establishment and no evidence of pre-trends. Mechanism tests reveal that the policy works by lowering data search and compliance costs, accelerating digital transformation, and improving access to green finance and risk pricing. Heterogeneity analyses show stronger effects among non-state-owned firms and in regions with stricter environmental regulation. A set of robustness checks—including alternative measurements, sample trimming, and randomized adoption placebos—supports the main findings. The paper provides actionable implications for building interoperable data trading infrastructures and aligning data governance with low-carbon industrial upgrading.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

Volume Title
Proceedings of the 2026 5th International Conference on Big Data Economy and Digital Management (BDEDM 2026)
Series
Advances in Economics, Business and Management Research
Publication Date
20 April 2026
ISBN
978-94-6239-640-1
ISSN
2352-5428
DOI
10.2991/978-94-6239-640-1_29How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Lin Sun
AU  - Jun Zeng
PY  - 2026
DA  - 2026/04/20
TI  - Impact Mechanism of Data Element Market Construction on Green Innovation in High-Carbon Industries
BT  - Proceedings of the 2026 5th International Conference on Big Data Economy and Digital Management (BDEDM 2026)
PB  - Atlantis Press
SP  - 306
EP  - 315
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-640-1_29
DO  - 10.2991/978-94-6239-640-1_29
ID  - Sun2026
ER  -