Research on the Spatial Effect of Digital Inclusive Finance on Urban Carbon Emissions in China
Based on panel data from 281 prefecture level cities in China,a spatial Durbin model with bidirectional fixed effects is used to verify the impact of digital inclusive finance on urban carbon emissions;And the social network analysis method is used to examine the spatial correlation characteristics of China's digital inclusive fi-nance.The results show that the development of digital inclusive finance significantly increased carbon emissions in the region,and has a significant spatial spillover effect that suppressed carbon emissions in neighboring re-gions.Using the social network method to explore its reasons,based on the analysis of the overall network charac-teristics,it is found that the connections between cities in the digital inclusive financial network are relatively loose.The channels for exchanging resources between cities are wide and the exchange ability is strong.The over-all network stability is poor,and the overall network does not show good hierarchical differences;Based on the a-nalysis of individual network characteristics,it is found that there are significant differences in agglomeration ca-pacity,dominant role,and independence among Chinese cities.Recommendations are proposed,such as narrowing the inter provincial differences in inclusive finance to achieve balanced development,guiding digital inclusive fi-nance to tilt towards green finance to achieve carbon reduction goals,accelerating the construction of"carbon neutral"corporate banks to offset the bank's own carbon footprint,fully fulfilling and supervising the ESG obliga-tions of Chinese banks to achieve self-restraint development,as well as improving and promoting the G20 Ad-vanced Principles for Digital Inclusive Finance to achieve alignment with international standards for financial services.
digital inclusive financecarbon emissionscarbon reductionspatial spillover effectsocial network analysis