How does education promote green digital finance? Evidence from China

被引:0
|
作者
Lee, Chien-Chiang [1 ,2 ]
Wang, Fuhao [3 ]
Lee, Chi-Chuan [4 ,5 ]
机构
[1] Wuchang Univ Technol, Sch Business, Wuhan, Peoples R China
[2] City Univ Macau, Fac Finance, Macau, Peoples R China
[3] Nankai Univ, Coll Econ & Social Dev, Tianjin, Peoples R China
[4] Southwestern Univ Finance & Econ, Sch Publ Adm, Chengdu, Peoples R China
[5] SWUFE, Minist Educ, Big Data Lab Financial Secur & Behav, Lab Philosophy & Social Sci, Chengdu, Peoples R China
关键词
Green digital finance; Education; Theoretical analysis; Empirical study; China; I25; C23; O33; Q55; Q56; LABOR-MARKET; TRADE OPENNESS; INVESTMENT; OUTCOMES; REALITY; IMPACT; GROWTH; MODEL;
D O I
10.1186/s40854-024-00688-2
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This study constructs a new composite green digital finance index and describes its development in China over the past decade. Based on province-level panel data covering the period 2011-2020, we examine how education contributes to the development of green digital finance. Through detailed theoretical analysis and rigorous empirical testing, the following results are obtained. First, education directly promotes green digital finance by adjusting people's consciousness and enhancing their abilities. Second, high-quality educational inputs, a high level of economic development, and a high degree of opening-up are among the important preconditions for education to further promote green digital finance in China. Third, education indirectly promotes green digital finance by driving industrial upgrades, increasing income levels, promoting technological innovation, and cultivating finance-related talent. This study offers policy recommendations to help improve education levels and suggests a valuable direction for further research on green digital finance.
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页数:29
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