Impact of green finance on environmental pollution control:based on the regulatory effects of digital technology
To investigate the interplay among green finance,digital technology,and environmental pollution control,we conducted a literature review and established an evaluation index system for green finance across five dimensions:green credit,green securities,green investment,green insurance,and carbon finance.Additionally,we developed a comprehensive evaluation framework for digital technology,considering three dimensions:digital technology infrastructure development,innovation and research in digital technology,and the maturity of digital industry.We employ the entropy approach to comprehensively evaluate 270 samples spanning 30 provinces from 2013 to 2021.Subsequently,we conduct stationarity tests and correlation analyses on the research data,alongside autocorrelation tests of environmental pollution to ascertain its diffusivity.Additionally,we investigate whether the Spatial Durbin Model(SDM)might degrade into Spatial Autoregressive Model(SAR)or Spatial Error Model(SEM).Our analysis concludes that the SDM model is more suitable.Furthermore,we delve into examining the direct effects and spatial spillover effects of green finance on environmental pollution.Finally,we integrate green finance,digital technology,and environmental pollution into a unified research framework to investigate the regulatory role of the digital economy.Our research demonstrates that green finance effectively mitigates environmental pollution,with greater development in green finance correlating with more pronounced improvements in ecological environment quality.Green finance not only effectively improves local environmental pollution but also indirectly enhances the environmental conditions of surrounding areas,generating spatial spillover effects on environmental pollution.Digital technology plays a positive regulatory role in the impact of green finance on environmental pollution,with advanced digital technology augmenting the pollution control efficacy of green finance.Therefore,it is crucial to prioritize not only the development of green finance and enhance its regional coordination but also to strengthen the innovation and application of digital technology to effectively combat pollution.
万方数据
维普
