Evaluation of the Green Development Effect of Science and Technology Finance Policies:A Quasi-natural Experiment Based on the Pilot Combination of Science and Technology and Finance
This study treats the"Pilot Combination of Science and Technology and Finance"as a quasi-natural experiment and uses a multi-period difference-in-difference model to evaluate the green development effects of the pilot implementation of science and technology finance policies.The study found that science and technology finance policies can significantly improve the green development level of pilot cities,and the policy effects show a dynamic characteristic of"first increasing and then decreasing"over time.Heterogeneity analysis shows that for higher-level cities and cities in the eastern region,science and technology finance policies have a stronger driving effect on green development.Mechanism analysis shows that the main paths through which science and technology finance policies promote green development include industrial upgrading effects,technological innovation effects and government support effects,among which technological innovation has the most effective impact.The conclusions suggest that the implementation details of science and technology finance policies should be further improved,and differentiated green development tasks should be supplemented based on the conditions of each region.
science and technology financepolicy evaluationgreen developmentmulti-period difference-in-difference model
NETL
NSTL
万方数据
