Threshold Effect of Green Finance on Carbon Emissions:Based on the Perspective of the Marine Economic Circle
The marine economic circle is an important strategic area for high-quality socio-economic development.Selecting data from 2008 to 2022,empirical analysis on fixed effects and threshold effects was conducted using digital economy,economic development level,and R&D investment intensity as threshold variables.The results indicate that green finance can effectively reduce carbon emissions,and when the digital economy,economic development level,and R&D investment intensity exceed their respective threshold values and reach appropriate ranges,they can all assist in enhancing the carbon reduction and suppression effect of green finance.Therefore,it is suggested to improve the green finance system,continuously develop the digital economy,improve the level of economic development,and strengthen the investment intensity of R&D.
green developmentthreshold effectmarine economic circle