How does green finance affect energy efficiency? The role of green technology innovation and energy structure
被引:31
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作者:
Lee, Chien-Chiang
论文数: 0引用数: 0
h-index: 0
机构:
Nanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Lebanese Amer Univ, Adnan Kassar Sch Business, Beirut, Lebanon
Nanchang Univ, Res Ctr Cent China Econ & Social Dev, Nanchang, Peoples R ChinaNanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Lee, Chien-Chiang
[1
,2
,5
]
Wang, Chang-song
论文数: 0引用数: 0
h-index: 0
机构:
Nanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Nanchang Univ, Res Ctr Cent China Econ & Social Dev, Nanchang, Peoples R ChinaNanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Wang, Chang-song
[1
,5
]
He, Zhiwen
论文数: 0引用数: 0
h-index: 0
机构:
Nanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Nanchang Univ, Res Ctr Cent China Econ & Social Dev, Nanchang, Peoples R ChinaNanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
He, Zhiwen
[1
,5
]
Xing, Wen-wu
论文数: 0引用数: 0
h-index: 0
机构:
Nanchang Univ, Sch Econ & Management, Nanchang, Peoples R ChinaNanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Xing, Wen-wu
[1
]
Wang, Keying
论文数: 0引用数: 0
h-index: 0
机构:
Hubei Univ Econ, Collaborat Innovat Ctr Emissions Trading Syst Coco, Wuhan, Peoples R China
Hubei Univ Econ, Sch Low Carbon Econ, Wuhan, Peoples R ChinaNanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Wang, Keying
[3
,4
]
机构:
[1] Nanchang Univ, Sch Econ & Management, Nanchang, Peoples R China
Energy efficiency;
Green finance;
Energy structure;
Green technology innovation;
ECONOMIC-GROWTH;
INVESTMENT;
PROGRESS;
TRADE;
D O I:
10.1016/j.renene.2023.119417
中图分类号:
X [环境科学、安全科学];
学科分类号:
08 ;
0830 ;
摘要:
As climate warming intensifies, reducing greenhouse gas emissions has become a national consensus for many countries. Green finance plays an important role in promoting energy efficiency and lowering such emissions, but there is scant literature that analyzes the impacts and mechanisms of green finance on energy efficiency. Based on China's provincial panel data from 2010 to 2018, this research measures the green finance index using the panel entropy weighting method and systematically evaluates the relationship between green finance and energy efficiency using the fixed-effects model. The results show the following. (1) Green finance significantly contributes to energy efficiency and remains the same after a series of robustness tests such as endogeneity treatment, replacement of explanatory and interpreted variables, and replacement of regression models. (2) Green technology innovation and energy structure optimization are the transmission mechanism of green finance for energy efficiency, which means that green finance improves energy efficiency by promoting green technology innovation and energy structure optimization. (3) There is regional heterogeneity, temporal heterogeneity, and industry heterogeneity in the impact of green finance on energy efficiency. The positive effects of green finance on energy efficiency are more pronounced in resource-dependent regions, regions with irrational industrial structure, north regions, industrial sectors, and after 2013. The conclusions of this paper offer some policy recommendations, including promoting the development of green finance, building a cooperation platform for green finance and technological innovation, enhancing the depth and breadth of renewable energy utilization, and building differentiated green finance strategies according to local conditions.
机构:
School of Economics and Management, Nantong University, Nantong,226019, China
Jiangsu Yangtze River Economic Belt Research Institute, Nantong University, Nantong,226019, ChinaSchool of Economics and Management, Nantong University, Nantong,226019, China
Ge, Tao
Cai, Xuesen
论文数: 0引用数: 0
h-index: 0
机构:
School of Management, Ocean University of China, Shandong, Qingdao,266000, ChinaSchool of Economics and Management, Nantong University, Nantong,226019, China
Cai, Xuesen
Song, Xiaowei
论文数: 0引用数: 0
h-index: 0
机构:
School of Management, Ocean University of China, Shandong, Qingdao,266000, ChinaSchool of Economics and Management, Nantong University, Nantong,226019, China
机构:
Nantong Univ, Sch Econ & Management, Nantong 226019, Peoples R China
Nantong Univ, Jiangsu Yangtze River Econ Belt Res Inst, Nantong 226019, Peoples R ChinaNantong Univ, Sch Econ & Management, Nantong 226019, Peoples R China
Ge, Tao
Cai, Xuesen
论文数: 0引用数: 0
h-index: 0
机构:
Ocean Univ China, Sch Management, Qingdao 266000, Shandong, Peoples R ChinaNantong Univ, Sch Econ & Management, Nantong 226019, Peoples R China
Cai, Xuesen
Song, Xiaowei
论文数: 0引用数: 0
h-index: 0
机构:
Ocean Univ China, Sch Management, Qingdao 266000, Shandong, Peoples R ChinaNantong Univ, Sch Econ & Management, Nantong 226019, Peoples R China
机构:
Dalian Royal Senior High Sch, Int High Sch Dept, Dalian 116015, Peoples R ChinaDalian Royal Senior High Sch, Int High Sch Dept, Dalian 116015, Peoples R China
Liu, Ziqi
Zheng, Hanyu
论文数: 0引用数: 0
h-index: 0
机构:
Shanghai Word Foreign Language Acad, Int High Sch Dept, Shanghai 200233, Peoples R ChinaDalian Royal Senior High Sch, Int High Sch Dept, Dalian 116015, Peoples R China
Zheng, Hanyu
Gu, Jingyun
论文数: 0引用数: 0
h-index: 0
机构:
JiuTian Int Acad, Int High Sch Dept, Beijing 100000, Peoples R ChinaDalian Royal Senior High Sch, Int High Sch Dept, Dalian 116015, Peoples R China
Gu, Jingyun
Xu, Shengjie
论文数: 0引用数: 0
h-index: 0
机构:
JiuTian Int Acad, Int High Sch Dept, Beijing 100000, Peoples R ChinaDalian Royal Senior High Sch, Int High Sch Dept, Dalian 116015, Peoples R China
Xu, Shengjie
Ye, Youyang
论文数: 0引用数: 0
h-index: 0
机构:
JiuTian Int Acad, Int High Sch Dept, Beijing 100000, Peoples R ChinaDalian Royal Senior High Sch, Int High Sch Dept, Dalian 116015, Peoples R China
机构:
Jiangsu Univ, Sch Finance & Econ, Zhenjiang 212013, Jiangsu, Peoples R ChinaJiangsu Univ, Sch Finance & Econ, Zhenjiang 212013, Jiangsu, Peoples R China
Lu, Na
Wu, Jiahui
论文数: 0引用数: 0
h-index: 0
机构:
Univ Macau, Fac Business Adm, Macau 999078, Peoples R ChinaJiangsu Univ, Sch Finance & Econ, Zhenjiang 212013, Jiangsu, Peoples R China
Wu, Jiahui
Liu, Ziming
论文数: 0引用数: 0
h-index: 0
机构:
East China Univ Sci & Technol, Sch Social & Publ Adm, Shanghai 200237, Peoples R ChinaJiangsu Univ, Sch Finance & Econ, Zhenjiang 212013, Jiangsu, Peoples R China
机构:
Northeastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R ChinaNortheastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R China
Xiao, Bowen
Guo, Xiaoying
论文数: 0引用数: 0
h-index: 0
机构:
Northeastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R ChinaNortheastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R China
Guo, Xiaoying
Guo, Xiaodan
论文数: 0引用数: 0
h-index: 0
机构:
Northeastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R ChinaNortheastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R China
Guo, Xiaodan
Wang, Jian
论文数: 0引用数: 0
h-index: 0
机构:
Northeastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R ChinaNortheastern Univ, Sch Business Adm, Chuangxin Rd, Shenyang 110167, Peoples R China
机构:
Chongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Chongqing Univ, 174 Shazheng St, Chongqing 400044, Peoples R ChinaChongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Zhang, Ming
Yan, Taihua
论文数: 0引用数: 0
h-index: 0
机构:
Chongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Chongqing Univ, 174 Shazheng St, Chongqing 400044, Peoples R ChinaChongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Yan, Taihua
Gao, Wen
论文数: 0引用数: 0
h-index: 0
机构:
Univ Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R China
Univ Int Business & Econ, 10 Huixindong St, Beijing 401520, Peoples R ChinaChongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Gao, Wen
Xie, Wancheng
论文数: 0引用数: 0
h-index: 0
机构:
Chongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Chongqing Univ, 174 Shazheng St, Chongqing 400044, Peoples R ChinaChongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Xie, Wancheng
Yu, Zhipeng
论文数: 0引用数: 0
h-index: 0
机构:
Chongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
Chongqing Univ, 174 Shazheng St, Chongqing 400044, Peoples R ChinaChongqing Univ, Sch Econ & Business Adm, Chongqing, Peoples R China
机构:
Univ Wollongong, Sch Business, Fac Business & Law, Wollongong, NSW, AustraliaUniv Wollongong, Sch Business, Fac Business & Law, Wollongong, NSW, Australia
Nepal, Rabindra
Liu, Yang
论文数: 0引用数: 0
h-index: 0
机构:
Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R ChinaUniv Wollongong, Sch Business, Fac Business & Law, Wollongong, NSW, Australia
Liu, Yang
Wang, Jianda
论文数: 0引用数: 0
h-index: 0
机构:
Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R ChinaUniv Wollongong, Sch Business, Fac Business & Law, Wollongong, NSW, Australia
Wang, Jianda
Dong, Kangyin
论文数: 0引用数: 0
h-index: 0
机构:
Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R ChinaUniv Wollongong, Sch Business, Fac Business & Law, Wollongong, NSW, Australia