Green Credit,Industrial Upgrading,and Resident Income Growth
With the increasing development scale of green credit in China,it has become an urgent prob-lem to analyze the mechanism and path of green credit affecting residents' income.In order to verify the re-lationship between green credit,industrial upgrading and residents' income growth,31 provinces from 2005 to 2020 were selected as research samples,and the mechanism and influence relationship were veri-fied with the help of spatial Moran index test and fixed effect regression method.The empirical research found that the development of green credit can significantly promote the growth of residents' income,and verified that the optimization and upgrading of industrial structure can play an intermediary effect,and the development of scientific and technological innovation can play a regulatory effect.In the subsequent het-erogeneity analysis,the research conclusion that the development of green credit can better promote the in-come growth of residents in rural areas,which provides substantial research data for realizing the income generation of Chinese residents and accelerating the pace of rural revitalization.
green creditresidents generate incomescientific and technological innovationindustrial upgrading