Impact of Digital Financial Inclusion on Carbon Emissions:Based on the Bilateral Stochastic Frontier Model
In the context of the vigorous development of digital financial inclusion,how digital financial inclusion affects regional carbon emissions is a research proposition of great practical significance.Based on the panel data of 30 provinces and cities from 2011 to 2022,a bilateral stochastic frontier model is constructed,and the results show that China's digital financial inclusion has positive and negative bilateral effects on carbon emissions,among which the promotion effect of digital financial inclusion on carbon emissions is stronger than the inhibition effect.Such promotion effect increases the regional carbon emission intensity by 13.63%,and the inhibition effect reduces the carbon emission intensity by 3.08%.The combined effect of the two makes the carbon emission intensity 10.55%higher than the benchmark level.
digital financial inclusioncarbon emissionsbilateral stochastic frontier modelbilateral effect