Research on the Synergistic Impact of Environmental Policy and Intellectual Property Policy on the Development of Green Finance
Based on counterfactual thinking,taking 192 cities in China from 2006 to 2019 as sam-ples,the regression control method(HCW)is used to empirically test the driving effect of policy syn-ergy on green finance in low-carbon pilot cities and intellectual property demonstration cities.It also focuses on the transmission mechanism of green patent signals in the process of policy synergy affect-ing the development of green finance.The results show that policy synergy can bring significant posi-tive impact on the development of urban green finance,and this conclusion has strong robustness;Whether in terms of quantity or quality,policy synergy can strengthen green patent signals to a cer-tain extent,especially in strengthening high-quality green patent signals.In the process of green fi-nance development driving by policy synergy in low-carbon pilot cities and intellectual property dem-onstration cities,only when the green patent application has a certain level of quality can it play an ef-fective mediating effect of patent signal.
low-carbon pilot cityintellectual property demonstration citygreen financesyner-gistic effectHCW method
NETL
NSTL
万方数据
