Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River Delta

Abstract The Yangtze River Delta (YRD) occupies 2.1% of China's territory but accounts for 1/4 of its GDP. Boosting efficiency of industrial water resources in YRD will drastically decrease water pollution and resource constraints. The current paper employed Network Super-SBM and the Global Mal...

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Main Authors: Linjie Feng, Tingting Liu, Zhenjie Yang, Yi Shi, Hongxi Chen, Ka Leong Chan, Bin Chen
Format: Article
Language:English
Published: SpringerOpen 2024-12-01
Series:Applied Water Science
Subjects:
Online Access:https://doi.org/10.1007/s13201-024-02328-7
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author Linjie Feng
Tingting Liu
Zhenjie Yang
Yi Shi
Hongxi Chen
Ka Leong Chan
Bin Chen
author_facet Linjie Feng
Tingting Liu
Zhenjie Yang
Yi Shi
Hongxi Chen
Ka Leong Chan
Bin Chen
author_sort Linjie Feng
collection DOAJ
description Abstract The Yangtze River Delta (YRD) occupies 2.1% of China's territory but accounts for 1/4 of its GDP. Boosting efficiency of industrial water resources in YRD will drastically decrease water pollution and resource constraints. The current paper employed Network Super-SBM and the Global Malmquist-Luenberger index to evaluate industrial water use efficiency and wastewater treatment efficiency of YRD’ cities. Furthermore, digital inclusive finance and green innovation are introduced to investigate the mechanisms underlying their influence on the overall industrial water resources efficiency. The empirical findings posts that: (1) there is still room to improve the overall efficiency, especially the water treatment efficiency; (2) the MI value of each stages in most samples is greater than 1, indicating that the water treatment efficiency and water use efficiency are improving. It is mainly driven by the improvement of the efficiency of the management; (3) there are substantial differences in water resource efficiency among metropolitan areas, with Nanjing-metropolitan areas and Hefei-metropolitan areas having higher water use efficiency and water treatment efficiency for both stages, while Hangzhou-metropolitan areas and Shanghai-metropolitan areas have lower water treatment efficiency. As shown by the Kernel density Estimation, the degree of efficiency dispersion within same metropolitan area is reducing; and (4) digital inclusive finance will boost overall efficiency and water treatment efficiency, with green innovation as a mediating factor. The findings herein offer compelling evidence that financial development increases the effectiveness of water resources, introduce fresh perspectives for the government to put forward water-related policies, and provide ideas for high-quality economy.
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institution Kabale University
issn 2190-5487
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language English
publishDate 2024-12-01
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spelling doaj-art-f039811db00842e1822b1cc3ea88d8f22025-01-26T12:47:11ZengSpringerOpenApplied Water Science2190-54872190-54952024-12-0115111710.1007/s13201-024-02328-7Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River DeltaLinjie Feng0Tingting Liu1Zhenjie Yang2Yi Shi3Hongxi Chen4Ka Leong Chan5Bin Chen6Faculty of Humanities and Social Sciences, Macao Polytechnic UniversitySchool of Economics and Management, Fuzhou UniversityFaculty of Humanities and Social Sciences, Macao Polytechnic UniversityFaculty of Humanities and Social Sciences, Macao Polytechnic UniversityFaculty of Humanities and Social Sciences, Macao Polytechnic UniversityFaculty of Humanities and Social Sciences, Macao Polytechnic UniversitySchool of Economics, Guangdong Peizheng CollegeAbstract The Yangtze River Delta (YRD) occupies 2.1% of China's territory but accounts for 1/4 of its GDP. Boosting efficiency of industrial water resources in YRD will drastically decrease water pollution and resource constraints. The current paper employed Network Super-SBM and the Global Malmquist-Luenberger index to evaluate industrial water use efficiency and wastewater treatment efficiency of YRD’ cities. Furthermore, digital inclusive finance and green innovation are introduced to investigate the mechanisms underlying their influence on the overall industrial water resources efficiency. The empirical findings posts that: (1) there is still room to improve the overall efficiency, especially the water treatment efficiency; (2) the MI value of each stages in most samples is greater than 1, indicating that the water treatment efficiency and water use efficiency are improving. It is mainly driven by the improvement of the efficiency of the management; (3) there are substantial differences in water resource efficiency among metropolitan areas, with Nanjing-metropolitan areas and Hefei-metropolitan areas having higher water use efficiency and water treatment efficiency for both stages, while Hangzhou-metropolitan areas and Shanghai-metropolitan areas have lower water treatment efficiency. As shown by the Kernel density Estimation, the degree of efficiency dispersion within same metropolitan area is reducing; and (4) digital inclusive finance will boost overall efficiency and water treatment efficiency, with green innovation as a mediating factor. The findings herein offer compelling evidence that financial development increases the effectiveness of water resources, introduce fresh perspectives for the government to put forward water-related policies, and provide ideas for high-quality economy.https://doi.org/10.1007/s13201-024-02328-7Water resourceEfficiency evaluationDigital inclusive financeYangtze River DeltaNetwork super-SBM
spellingShingle Linjie Feng
Tingting Liu
Zhenjie Yang
Yi Shi
Hongxi Chen
Ka Leong Chan
Bin Chen
Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River Delta
Applied Water Science
Water resource
Efficiency evaluation
Digital inclusive finance
Yangtze River Delta
Network super-SBM
title Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River Delta
title_full Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River Delta
title_fullStr Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River Delta
title_full_unstemmed Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River Delta
title_short Two-stage efficiency evaluation of industrial water resources and the role of digital inclusive finance: insight from Yangtze River Delta
title_sort two stage efficiency evaluation of industrial water resources and the role of digital inclusive finance insight from yangtze river delta
topic Water resource
Efficiency evaluation
Digital inclusive finance
Yangtze River Delta
Network super-SBM
url https://doi.org/10.1007/s13201-024-02328-7
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