Research on the Impact of Digital Finance on Green and Low-Carbon Transition of Enterprises
In order to explore the impact of digital finance on the green and low-carbon transition of enterprises,the paper sorts out the data of 2 669 listed companies in China's A-share market from 2011 to 2021,uses the SBM model to measure the low-carbon total factor productivity to measure the level of green and low-carbon transition of enterprises,and constructs a bidirectional fixed-effects model to analyze the impact of digital finance on the green and low-carbon transition of enterprises.It is found that the impact of digital finance on enterprise green low-carbon transition shows a"U"trend.Finally,based on the theoretical analysis and empirical analysis results of the article,it puts forward relevant policy recommendations on how to further exert the advantages of digital finance to promote enterprise green low-carbon transition in China.
digital financegreen and low-carbon transition of enterprisesfinancing constraints
万方数据
维普
