Research on the Impact of Digital Economy on Green Productivity in Pharmaceutical Manufacturing Industry

In the process of promoting and expanding Chinese-style modernization, digital economy, as a new type of economic form and the deep integration of the real economy, has become an important driving force for the green change of the real economy, and may be an important breakthrough to deal with the serious challenges of green development of the pharmaceutical manufacturing industry. Based on the theory of green economic growth, on the basis of analyzing the mechanism of digital economy affecting the green production efficiency of pharmaceutical manufacturing industry, we calculate the green production efficiency of pharmaceutical manufacturing industry through the super-efficiency SBM model based on the panel data of 31 provinces and cities in China from 2000 to 2021, and construct a bidirectional fixed-effects model to empirically investigate the digital economy's green production efficiency of pharmaceutical manufacturing industry. It is found that the development of digital economy can significantly promote the improvement of green production efficiency of pharmaceutical manufacturing industry, and the conclusion still holds after a series of robustness tests. However, the impact of digital economy on the green productivity of pharmaceutical manufacturing industry is heterogeneous and more significant in the eastern region. The study can explore the new development of pharmaceutical green and stimulate the potential value of digital economy, which is of practical significance in promoting the green transformation of pharmaceutical manufacturing industry.