Research on the Impact of Green Finance Development on the Ecological Environment of the Yellow River Basin
Based on panel data from 61 prefecture level cities in the Yellow River Basin from 2004 to 2020,construct an ecological environment and green finance indicator system,and conduct quantitative analysis on this basis.The results indicate that the improvement of the development level of green finance has played a strong and effective role in promoting the regional ecological environment,and this conclusion still holds after a series of robustness tests;The analysis of the mechanism of action shows that industrial upgrading,technological innovation,and environmental awareness are the main channels for green finance to improve the ecological environment of the Yellow River Basin;Using threshold and spatial models,it was found that the positive impact of green finance on the ecological environment of the Yellow River Basin has a non-linear increasing marginal effect;The spatial model regression results show that there is a spatial spillover effect of green finance on the ecological environment of the Yellow River Basin.
green financethe Yellow River Basinecological environmentthreshold model