Research on the Impact of Fintech on the Development of Green Finance
The rapid development of financial technology provides new momentum for the green and low-carbon development of the economy and its influence mechanism and effect exploration can effectively help the green digital economy to realise.Using panel data from 31 provinces from 2011 to 2022,this paper empirically examines the relationship between fintech and green finance development.The results surface that FinTech has a significant positive impact on green financial development in China.Further,regional heterogeneity analysis finds that the impact of fintech on green finance is more significant in the eastern region,while the marginal effect of fintech on promoting green finance development is lower than that in low economic development regions due to the higher maturity of fintech development in the high economic development regions.Based on the above empirical findings,this paper proposes to increase the support for fintech in the central and western regions,promote the integration of fintech and green finance in multiple scenarios and focus on the improvement of government incentive policies and the cultivation of green fintech talents.
NETL
NSTL
万方数据
