2023
DOI: 10.1016/j.heliyon.2023.e14172
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Research on innovative mechanisms of financial agglomeration enabling green coordinated development in the Yangtze River Delta of China

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Cited by 5 publications
(2 citation statements)
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“…We found that the changing characteristics of the "high-high" agglomeration area primarily result from the Yangtze River Delta region's ability to drive the coordinated development of neighbouring provinces. This creates a growth pole with complementary advantages and a win-win situation, as Wu et al [66] found in their analysis of the role of the Yangtze River Delta agglomeration. The change in the "low-low" agglomeration area results primarily from the geographical location of Gansu and Xinjiang provinces in Northwest China, where issues such as underdeveloped infrastructure, severe soil erosion, and an inflexible agricultural industry structure prevail.…”
Section: Discussionmentioning
confidence: 94%
“…We found that the changing characteristics of the "high-high" agglomeration area primarily result from the Yangtze River Delta region's ability to drive the coordinated development of neighbouring provinces. This creates a growth pole with complementary advantages and a win-win situation, as Wu et al [66] found in their analysis of the role of the Yangtze River Delta agglomeration. The change in the "low-low" agglomeration area results primarily from the geographical location of Gansu and Xinjiang provinces in Northwest China, where issues such as underdeveloped infrastructure, severe soil erosion, and an inflexible agricultural industry structure prevail.…”
Section: Discussionmentioning
confidence: 94%
“…Several studies have shown that fnancial agglomeration can promote the development of green innovation [44,45]. According to Wu et al [46], the spatial agglomeration of fnancial institutions can create a favorable fnancing environment for enterprises, which is more conducive to absorb international green technology spillovers [46]. Te higher the degree of fnancial agglomeration, the greater the opportunity to obtain relevant support and improve learning conditions, thereby promoting the demonstration efect in OFDI spillover.…”
Section: Theoretical Analysis and Hypothesis Developmentmentioning
confidence: 99%