Planned Production Is Primary, Free Production Supplementary

Lin, You Chen

doi:10.2753/ces1097-1475260315

Cited by 2 publications

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“…We elevate blockchain technology to an institutional technology's height by constructing a blockchain green nance platform to form a new governance mechanism (Lin and Zhang, 2019). From this perspective, we provide a detailed economic analysis of the role of blockchain technology in the process of allocating green nancial resources and compare it with scal subsidies and other policies.…”

Section: Introductionmentioning

confidence: 99%

“…The results of the parameter simulation show that compared with scal subsidies policy, the construction of a blockchain green nance platform is conducive to better promoting the development of green nance, guiding more nancial resources to green production sectors, and the blockchain green nance platform also helps to improve overall output and reduce pollution emissions. Lin and Zhang (2019), this article de nes the "Blockchain + Finance" platform as a distributed digital platform using blockchain as underlying technology in the nance sector, building a digital platform co-owned and shared by all participants, including nancial institutions, nanciers, nancial regulators, environmental protection departments, and investors. Through a consensus mechanism, information generated by every step of funding sources, uses, transactions, and other aspects is recorded in the "Blockchain + Finance" platform to promote data and information sharing.…”

Section: Introductionmentioning

confidence: 99%

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How does blockchain technology affect the development of green finance? Theoretical analysis and empirical verification

Jiang,

Li,

Wang

2023

Environ Sci Pollut Res

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Facing the problem of a lack of endogenous incentive mechanisms for the development of green nance, we regard blockchain technology as an institutional technology and elevate it to the height of governance mechanisms. Using a dynamic stochastic general equilibrium (DSGE) model framework, we compare and analyze its effects with traditional supportive policies such as scal subsidies. The modeling simulation results show that the blockchain green nance platform model is conducive to better promoting the development of green nance. Subsequently, we construct a nancial technology development index centered on blockchain technology and empirically test the impact of blockchain nancial technology on the level of green nance development from both the supply and demand sides. The results show that the development of blockchain nancial technology has signi cantly increased the scale of green credit issuance and effectively eased the nancing constraints of green enterprises, reducing nancing costs.We conduct an economic analysis of the impact of blockchain nancial technology on the development of green nance, providing a feasible path for the integration and development of green nance and nancial technology.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

How does blockchain technology affect the development of green finance? Theoretical analysis and empirical verification

Jiang,

Li,

Wang

2023

Environ Sci Pollut Res

View full text Add to dashboard Cite

show abstract

How does blockchain technology affect the development of green finance? Theoretical analysis and empirical verification

Jiang

Wang

2023

Preprint

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Facing the problem of a lack of endogenous incentive mechanisms for the development of green finance, we regard blockchain technology as an institutional technology and elevate it to the height of governance mechanisms. Using a dynamic stochastic general equilibrium (DSGE) model framework, we compare and analyze its effects with traditional supportive policies such as fiscal subsidies. The modeling simulation results show that the blockchain green finance platform model is conducive to better promoting the development of green finance. Subsequently, we construct a financial technology development index centered on blockchain technology and empirically test the impact of blockchain financial technology on the level of green finance development from both the supply and demand sides. The results show that the development of blockchain financial technology has significantly increased the scale of green credit issuance and effectively eased the financing constraints of green enterprises, reducing financing costs. We conduct an economic analysis of the impact of blockchain financial technology on the development of green finance, providing a feasible path for the integration and development of green finance and financial technology.

show abstract

Planned Production Is Primary, Free Production Supplementary

Cited by 2 publications

References 0 publications

How does blockchain technology affect the development of green finance? Theoretical analysis and empirical verification

How does blockchain technology affect the development of green finance? Theoretical analysis and empirical verification

How does blockchain technology affect the development of green finance? Theoretical analysis and empirical verification

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