With the comprehensive promotion of China's"dual-carbon"strategy,the role of green finance in guiding resource allocation and green and low-carbon transformation has become increasingly prominent.Total factor carbon productivity is a key factor characterizing the quality of economic development in the new era,and green low-carbon transformation is its proper meaning.Therefore,green finance has a unique enabling effect on the enhancement of total factor carbon productivity.This paper explores the impact of green finance on economic efficiency and carbon reduction efficiency from the perspective of total factor carbon productivity,adopts a multi-dimensional evaluation index system and SBM-DDF-GML method,selects provincial panel data from 2008 to 2019,constructs a super-efficient SBM model,and empirically analyzes and researches the impact mechanism of green finance on total factor carbon productivity.It is found that:China's total factor carbon productivity has increased substantially from 2008 to 2019,of which,the technical efficiency improvement is the main one;China's green finance improves total factor carbon productivity through two ways of industrial structure optimization and upgrading and green technological innovation,so as to promote China's economic high-quality development;the impact of green finance on overall carbon productivity is mainly through technological progress.Therefore,promoting the development of green finance is of great practical significance in enhancing total factor carbon productivity and building a green,low-carbon and high-quality development pattern.
关键词
绿色金融/产业结构/绿色技术创新/全要素碳生产率
Key words
green finance/industrial structure/green technology innovation/total factor carbon productivity
维普
万方数据