The Impact of Financial Development and Green Finance on Regional Energy Intensity: New Evidence from 30 Chinese Provinces

被引：11
|
作者：
Lv, Kun [1 ]
Yu, Shurong [1 ]
Fu, Dian [2 ]
Wang, Jingwen [2 ]
Wang, Chencheng [1 ]
Pan, Junbai [1 ]
机构：
[1] Ningbo Univ, Business Sch, Ningbo 315211, Peoples R China
[2] Ningbo Univ, Teaching & Educ Coll, Ningbo 315211, Peoples R China
来源：
SUSTAINABILITY | 2022年 / 14卷 / 15期
关键词：
financial development; green finance; fixed effect model; spatial econometric model; threshold effect; CO2; EMISSIONS; SPATIAL DEPENDENCE; ECONOMIC-GROWTH; LOW-CARBON; CONSUMPTION; INNOVATION; TESTS; COMPETITION; LEAD;
D O I：
10.3390/su14159207
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
Energy efficiency and energy intensity are gradually gaining attention, and it is now an important proposition to reconcile financial development, green finance, and regional energy intensity. Using Chinese mainland provincial panel data (except Tibet) from 2007 to 2019, this paper applied the spatial econometric model and the panel threshold model to investigate the effects of financial development and green finance on regional energy intensity. The paper discovered that financial development raises regional energy intensity, while green finance reduces it. Based on the panel threshold perspective, in different stages of green finance development, the effect of financial development on regional energy intensity presents an inverted U-shaped effect that first promotes and then inhibits. Meanwhile, green finance has a significant positive spatial transmission effect on regional energy intensity. Based on the spatial weight matrix reflecting regional economic relations, the increase in energy intensity has a significant negative spatial autoregressive effect on itself, and the spatial spillover effect of financial development is negligible.
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页数：29
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