How Does Green Finance Affect the Sustainable Development of the Regional Economy? Evidence from China

被引：5
|
作者：
Ma, Huizi [1 ]
Miao, Xuan [1 ]
Wang, Zhen [1 ]
Wang, Xiangrong [1 ]
机构：
[1] Shandong Univ Sci & Technol, Coll Math & Syst Sci, Qingdao 266590, Peoples R China
来源：
SUSTAINABILITY | 2023年 / 15卷 / 04期
关键词：
green finance; sustainable development of the regional economy; entropy method; coupling coordination model; fixed-effect regression;
D O I：
10.3390/su15043776
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
The continuous expansion of green finance makes it a new scheme to stimulate economic vitality, but its stimulation path remains to be explored. Using the panel data of 30 regions in China from 2016 to 2020, this research utilized an entropy method to evaluate green finance and the sustainable development of the regional economy (SDRE), and then discussed their coupling coordination relationship and regional heterogeneity. The results show that: (1) The developments of green finance and SDRE in the eastern coastal regions are generally better than that of China's inland regions. (2) If green finance and SDRE are at a high level, their coupling coordination will be enhanced. Otherwise, the coordination effect will be weakened. (3) The influence of green finance on SDRE has evident regional heterogeneity, and the influence is positive in the echelon with a high degree of green finance.
引用
收藏
页数：16
相关论文
共 50 条
  • [41] How does the development of digital finance affect small business tax compliance? Empirical evidence from China
    Ouyang, Jie
    Liu, Shiyuan
    Li, Haoran
    [J]. CHINA ECONOMIC REVIEW, 2023, 80
  • [42] Does green credit promote green sustainable development in regional economies?-Empirical evidence from 280 cities in China
    Bao, Jian
    He, Meiling
    [J]. PLOS ONE, 2022, 17 (11):
  • [43] How does industrial convergence affect regional high-quality development? Evidence from China
    Dong, Feng
    Li, Yangfan
    [J]. JOURNAL OF THE ASIA PACIFIC ECONOMY, 2024, 29 (03) : 1650 - 1683
  • [44] How do heterogeneous environmental regulations affect the sustainable development of marine green economy? Empirical evidence from China?s coastal areas
    Sun, Jing
    Zhai, Ningning
    Miao, Jichao
    Mu, Hairong
    Li, Weixiao
    [J]. OCEAN & COASTAL MANAGEMENT, 2023, 232
  • [45] How does financial agglomeration affect green development? Evidence from the Yangtze River Delta of China
    Wen, Yinyin
    Zhao, Min
    Tang, Genli
    Zhou, Xiaoxiao
    Hu, Xingchen
    Sui, Li
    [J]. GROWTH AND CHANGE, 2023, 54 (01) : 135 - 156
  • [46] How does the selection of national development zones affect urban green innovation?-Evidence from China
    Yu, Xiaolin
    Wan, Kai
    [J]. PLOS ONE, 2022, 17 (08):
  • [47] How Does Green Investment Affect Environmental Pollution? Evidence from China
    Ren, Siyu
    Hao, Yu
    Wu, Haitao
    [J]. ENVIRONMENTAL & RESOURCE ECONOMICS, 2022, 81 (01): : 25 - 51
  • [48] How Does Green Investment Affect Environmental Pollution? Evidence from China
    Siyu Ren
    Yu Hao
    Haitao Wu
    [J]. Environmental and Resource Economics, 2022, 81 : 25 - 51
  • [49] How does green finance affect the sustainability of mineral resources? Evidence from developing countries
    Du, Junying
    Liu, Yang
    Xu, Shuanglei
    Taghizadeh-Hesary, Farhad
    [J]. JOURNAL OF CLEANER PRODUCTION, 2024, 475
  • [50] How does green finance achieve urban carbon unlocking? Evidence from China
    Liu, Yang
    Zhao, Congyu
    Dong, Kangyin
    Wang, Kun
    Sun, Lie
    [J]. URBAN CLIMATE, 2023, 52
12345