Green Financial Development and Economic Green Transformation:System Coupling and Dynamic Evolution
In order to achieve the double goals of"carbon peak"and"carbon neutrality",we should accelerate the green trans-formation of economy.The development of green finance is an important tool for the green transformation of economy.The de-velopment of economic green transformation provides more application space for green finance,and the two affect with each oth-er.Based on the analysis of the theoretical connotation and coupling mechanism of green financial development and economic green transformation,this paper constructs a comprehensive evaluation index system of green financial development and econom-ic green transformation,and measures the system coupling and synergy of the two based on the provincial panel data from 2011 to 2020 by using the entropy weighting method and the system coupling co-scheduling model.Then,the Dagum Gini coefficient is further used to measure the regional differences and sources of the system coupling synergy,and the Kernel density estimation and Markov chain analysis are used to explore the dynamic evolution trend of the system coupling systematicness.The research results show that although the overall level of China's green financial development and economic green transformation is still low in the sample period,both are on the rise,and the trend of mutual promotion and synchronous development is increasingly obvi-ous.The system coupling synergy between green financial development and economic green transformation shows obvious re-gional differences.The eastern region has the highest level of system coupling synergy,followed by the central region,and the western region has the lowest level.Intra-regional differences and inter-regional differences are the main sources of regional differences in system coupling synergy,but the intra-regional differences between the eastern and western regions are gradually expanding.Although the coupling coordination degree of green finance and economic green transformation in each province has the possibility of state transition,the probability of maintaining the original state is large.
green financial developmentgreen economic transformationcoupling coordination degreeregional differencedy-namic evolution