温室气体
中国
自然资源经济学
波特假说
面板数据
索引(排版)
内生性
技术开发
碳纤维
经济
捐赠
业务
环境法规
地理
计量经济学
工程类
考古
复合数
生态学
哲学
材料科学
认识论
万维网
计算机科学
复合材料
生物
制造工程
作者
Xiaoqiang Cheng,Dingjun Yao,Yuanyuan Qian,Bin Wang,Deliang Zhang
标识
DOI:10.1016/j.irfa.2023.102655
摘要
We investigate how fintech development affects carbon emissions using the panel data of 253 prefecture-level cities in China from 2011 to 2019. We employ the city-level digital financial inclusion index to gauge the fintech development and identify the impact mechanisms through which fintech affects the city's carbon emissions. Our results show that fintech can significantly reduce carbon emissions, and this conclusion still holds when considering potential endogeneity, when considering the impact of resource endowment, when using alternative measures of carbon emissions, even after removing the impact of low-carbon pilot cities policy, and after winsorization treatment. We further find that the main mechanisms by which fintech affects carbon emissions are industrial structure, financing constraints, and green technology innovation. Our results provide powerful evidence that fintech positively impacts the real economy, offering more confidence and reason to stimulate fintech development.
科研通智能强力驱动
Strongly Powered by AbleSci AI