The impact of green finance and local regulations on industrial green innovation efficiency in China

Xia, YiHan; Luo, LuYi; Ji, KaiWen; Huang, Chao; Wan, Fei; Wang, ZhiGang

doi:10.1007/s11356-023-31314-w

Cited by 4 publications

(2 citation statements)

References 21 publications

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“…Xu and Zhu ( 9 ) showed that China’s overall green governance index and green financial policies resulted in a significant decrease in environmental pollution. Xia et al ( 10 ) presented evidence that green finance significantly cultivates green innovation and benefits the promotion of green innovation both in local jurisdictions and adjacent provinces. Guo et al ( 11 ) contended that the effect of executing new energy demonstration cities is more significant in central and western regions, as well as in smaller and mid-sized urban areas, particularly regarding the emission reduction effect.…”

Section: Literature Review and Research Hypothesesmentioning

confidence: 99%

Green credit policy and residents’ health: quasi-natural experimental evidence from China

Wang,

Guo

2024

Front. Public Health

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BackgroundResidents’ health plays an important role in economic prosperity and national development.MethodsThe research analyzes data from 262 prefecture-level cities in China spanning the period from 2010 to 2021. Utilizing the implementation of green credit policy in China as a quasi-natural experiment, the paper employs the time-varying Differences-in- Differences (DID) model to evaluate the influence of green credit policy on residents’ health.ResultsThe paper results show that: (1) the green credit policy significantly improves residents’ health, and this conclusion still holds after a series of robustness tests. (2) Mechanism analysis reveals that the green credit policy affects residents’ health through the improvements of the environment and the elevation of public services standards in demonstration cities. (3) Heterogeneity analysis shows that the impact of green credit policy on residents’ health is more significant in the western cities and resource-based cities than in the central-eastern cities and non-resource-based cities. This paper explains the specific path and realization of green credit policy to enhance residents’ health, which provides a reference for further designing and improving effective green credit policy.DiscussionThe deficiencies within the green credit policy has resulted in limited improvements. It is recommended that China should broaden the ambit of the green credit policy and refine the criteria for its execution.

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Section: Literature Review and Research Hypothesesmentioning

confidence: 99%

Green credit policy and residents’ health: quasi-natural experimental evidence from China

Wang,

Guo

2024

Front. Public Health

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“…Research based on the Yangtze River Economic Belt has shown a high degree of coupling and coordination between green finance and industrial green development [29], which provides indirect evidence for green finance to improve urban haze. Furthermore, in terms of promoting environmental protection through green finance, existing research mainly posits that green finance helps to control environmental pollution through the optimized allocation of financial resources, signal transmission [30], industrial structure optimization and upgrading [31], environmental regulation [32], green total factor productivity [33,34], and enterprise green innovation [35].…”

Section: Introductionmentioning

confidence: 99%

Green Finance Advancement and Its Impact on Urban Haze Pollution in China: Evidence from 283 Cities

Qiang,

Tang,

Wang

2024

Sustainability

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This study selects the entropy method to measure the comprehensive index of green finance and 2011–2020 panel data covering 283 cities in China; describes spatial and temporal evolution, the migration of the centre of gravity, and discrete trends in green finance and urban haze pollution; and empirically examines the effect of green finance on urban haze pollution using static and dynamic spatial Durbin models. The study revealed that Chinese urban haze pollution significantly decreased during the sample period and that the hotspot emission area shifted to the northeast. Green finance experienced significant advancement, transitioning from a lower stage to a higher stage and becoming more geographically focused. Green finance mainly suppresses urban haze pollution through spatial spillover effects, and such spatial spillover effects change from positive to negative over time. Regarding regional heterogeneity, the effect on the western region is positive, the effects on the central and eastern regions are negative, and there is a spatial spillover effect “from promotion to inhibition” in the eastern region. Due to the heterogeneity in resource endowments, green finance in nonresource-based cities has a greater impact on haze pollution than does green finance in other cities, and in the long term, it has a significant inhibitory effect on haze pollution. This study reveals the effect of green finance on urban haze pollution from a dynamic perspective and, in doing so, it not only provides a new path for joint governance of haze pollution between cities but also provides more accurate guidance for the government to formulate policies for different regions and regions with different resource endowments.

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Exploring the complex interplay of green finance, business cycles, and energy development

Sultanuzzaman,

Yahya,

Lee

2024

Energy

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The impact of green finance and local regulations on industrial green innovation efficiency in China

Cited by 4 publications

References 21 publications

Green credit policy and residents’ health: quasi-natural experimental evidence from China

Green credit policy and residents’ health: quasi-natural experimental evidence from China

Green Finance Advancement and Its Impact on Urban Haze Pollution in China: Evidence from 283 Cities

Exploring the complex interplay of green finance, business cycles, and energy development

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