The Impact of Green Finance Development on Carbon Emissions in China's 253 Prefecture-Level Cities:Based on the Inspection of Spatial Econometric Model
Based on the panel data of 253 prefecture-level cities in China from 2010 to 2019,a spatial Durbin model was constructed to analyze the impact of green finance development on carbon dioxide emissions and its spatial spillover effect;and combined with the mediation effect model,its effect channel is tested.The results show that green finance development can significantly reduce carbon dioxide emissions in prefecture-level cities and neighboring prefecture-level cities,and there is a positive spatial spillover effect;green technology progress and industrial structure optimization are two important channels through which green finance can play a role in carbon emission reduction;there are obvious differences in the carbon emission reduction effect of green finance development on different regions in China;environmental regulation has a positive regulating effect in the process of green finance achieving carbon emission reduction.This article attempts to explore whether the development of green finance can truly reduce carbon emissions in prefecture level cities and its mechanisms for exerting carbon reduction effects.It aims to accumulate theoretical experience on how to improve the development of green finance and minimize carbon dioxide emissions to promote the achievement of China's medium-and long-term carbon reduction goals.
green financecarbon emission reductionspatial spillovermediating effect model
NETL
NSTL
万方数据
