Research on Digital Finance Promoting Regional Green and Low Carbon Transformation from the Perspective of New Quality Productivity
Under the background of the"dual carbon"goal,green and low-carbon is an indispensable stra-tegic cornerstone to achieve high-quality development of regional economy and smoothly promote the pro-cess of Chinese path to modernization.Based on the panel data of 30 provinces (autonomous regions,mu-nicipalities directly under the Central Government) in China from 2011 to 2021,this paper uses the two-way fixed effect model to verify the impact of digital finance development on regional green low-carbon transformation development.The research results show that:firstly,digital finance significantly reduces car-bon emission intensity and per capita carbon emissions,among which the depth of digital finance usage has the most significant positive impact on regional green and low-carbon transformation;secondly,new quality productivity plays a significant mediating role in digital finance and green and low-carbon develop-ment of regional economy;Thirdly,compared to the eastern region,digital finance has a greater impact on low-carbon emissions reduction in the central and western regions. Based on this,we should continue to ac-celerate the development of financial intelligence,improve the coverage of digital finance,develop new quality productive forces according to local conditions,assist in the green transformation of regional indus-tries,and achieve high-quality development of the domestic economy.
dual-carbon targetdigital financenew quality productivitygreen and low-carbondual-effect fixed effect