green finance;
carbon emissions;
spatial correlation;
green technology innovation;
industrial structure upgrading;
CORPORATE SOCIAL-RESPONSIBILITY;
PERFORMANCE;
CREDIT;
RISK;
D O I:
10.15244/pjoes/184642
中图分类号:
X [环境科学、安全科学];
学科分类号:
08 ;
0830 ;
摘要:
Green finance is a specialized financial institutional arrangement that has emerged in response to the increasingly severe pressure on resources and the environment. In this paper, we construct a comprehensive indicator system from the perspective of green financial services and adopt an improved entropy method to measure green finance development. Using the panel data of 30 provincial regions in China, we adopt a spatial econometric model to investigate the effect of green finance development on carbon emissions. The results show that the carbon emissions exhibit a positive spatial correlation among the provinces. Meanwhile, green finance development has a significant carbon emission reduction effect. Evidence from China's carbon emissions trading policy further confirms this effect. The relationship we found is consistent with two mechanisms: the technology effect of green technology innovation and the structural effect of industrial structure upgrading
机构:
Zhejiang Univ, China Acad W Reg Dev, Hangzhou 310058, Zhejiang, Peoples R ChinaZhejiang Univ, China Acad W Reg Dev, Hangzhou 310058, Zhejiang, Peoples R China
Du, Limin
Wei, Chu
论文数: 0引用数: 0
h-index: 0
机构:
Zhejiang Sci Tech Univ, Sch Econ & Management, Hangzhou 310018, Zhejiang, Peoples R ChinaZhejiang Univ, China Acad W Reg Dev, Hangzhou 310058, Zhejiang, Peoples R China
Wei, Chu
Cai, Shenghua
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h-index: 0
机构:
Chinese Acad Sci, Inst Policy & Management, Beijing 100190, Peoples R ChinaZhejiang Univ, China Acad W Reg Dev, Hangzhou 310058, Zhejiang, Peoples R China
机构:
Prince Mohammad Bin Fahd Univ, Coll Business Adm, Dept Accounting & Finance, Al Khobar, Saudi ArabiaPrince Mohammad Bin Fahd Univ, Coll Business Adm, Dept Accounting & Finance, Al Khobar, Saudi Arabia
Khan, Soha
Akbar, Ahsan
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h-index: 0
机构:
Guangzhou City Univ Technol, Int Business Sch, Guangzhou, Peoples R China
Univ Hradec Kralove, Fac Informat & Management, Dept Informat & Quantitat Methods, Hradec Kralove, Czech RepublicPrince Mohammad Bin Fahd Univ, Coll Business Adm, Dept Accounting & Finance, Al Khobar, Saudi Arabia
Akbar, Ahsan
Nasim, Ismat
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h-index: 0
机构:
Govt Sadiq Coll Women Univ, Dept Econ, Bahawalpur, PakistanPrince Mohammad Bin Fahd Univ, Coll Business Adm, Dept Accounting & Finance, Al Khobar, Saudi Arabia
Nasim, Ismat
Hedvicakova, Martina
论文数: 0引用数: 0
h-index: 0
机构:
Univ Hradec Kralove, Fac Informat & Management, Dept Econ, Hradec Kralove, Czech RepublicPrince Mohammad Bin Fahd Univ, Coll Business Adm, Dept Accounting & Finance, Al Khobar, Saudi Arabia
Hedvicakova, Martina
Bashir, Furrukh
论文数: 0引用数: 0
h-index: 0
机构:
Bahauddin Zikariya Univ, Sch Econ, Multan, PakistanPrince Mohammad Bin Fahd Univ, Coll Business Adm, Dept Accounting & Finance, Al Khobar, Saudi Arabia
机构:
Wuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R ChinaWuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R China
Zhang, Yuqi
Wang, Haisen
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h-index: 0
机构:
Wuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R ChinaWuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R China
Wang, Haisen
Chen, Zhigang
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h-index: 0
机构:
Wuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R ChinaWuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R China
Chen, Zhigang
Wang, Xuechao
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机构:
Beijing Normal Univ, Fac Geog Sci, Sch Nat Resources, Beijing 100875, Peoples R ChinaWuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R China
机构:
Chongqing Univ, Sch Management Sci & Real Estate, Chongqing 400044, Peoples R ChinaChongqing Univ, Sch Management Sci & Real Estate, Chongqing 400044, Peoples R China
Wang, Di
Zhou, Tao
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h-index: 0
机构:
Chongqing Univ, Sch Management Sci & Real Estate, Chongqing 400044, Peoples R China
Chongqing Univ, Res Ctr Construct Econ & Management, Chongqing 400044, Peoples R ChinaChongqing Univ, Sch Management Sci & Real Estate, Chongqing 400044, Peoples R China
Zhou, Tao
Lan, Feng
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机构:
Xian Univ Architecture & Technol, Sch Management, Xian 710055, Peoples R ChinaChongqing Univ, Sch Management Sci & Real Estate, Chongqing 400044, Peoples R China
Lan, Feng
Wang, Mengmeng
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h-index: 0
机构:
Chongqing Univ, Sch Management Sci & Real Estate, Chongqing 400044, Peoples R ChinaChongqing Univ, Sch Management Sci & Real Estate, Chongqing 400044, Peoples R China