Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2054455
Research on the impact of green finance on carbon emissions: evidence from China
Jiancheng Bai
Zhonglu Chen
Xiang Yan
Yueyan Zhang
Sažetak
Green finance is an effective means adopted by the Chinese government to reduce carbon emissions. Does the development of
green finance in Chinese provinces reduce carbon emissions to a
certain extent? This study selects panel data of various provinces
and cities in China from 2003 to 2019. Based on the Hansen
threshold regression model, an empirical analysis is conducted
with economic growth and industrial structure as threshold variables to test the impact of green finance on carbon emissions. The
results show that green finance increases the speed of carbon
emission mitigation when PGDP is the threshold. Taking industrial
structure as the threshold, the impact of green finance development on carbon emissions presents an inverted N shape. At the
same time, it is found that green finance has become an important means to reduce carbon emissions in the eastern region, the
impact of green finance on carbon emissions in the central region
presents an inverted U shape, and the driving force of green
finance on carbon emission reduction in the western region is
weak. Furthermore, it is pointed out that improving the quality of
green finance and enhancing the level of green finance empowered by science and technology are the keys to realizing sustainable green development.
Ključne riječi
Green finance; carbon emission; scientific and technological innovation; threshold effect
Hrčak ID:
303026
URI
Datum izdavanja:
31.3.2023.
Posjeta: 1.304 *