首页|Synergistic dance of digital economy and green finance on carbon emissions:Insights from China
Synergistic dance of digital economy and green finance on carbon emissions:Insights from China
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China has recently implemented a dual-carbon strategy to combat climate change and other environmental is-sues and is committed to modernizing it sustainably.This paper supports these goals and explores how the digital economy and green finance intersect and impact carbon emissions.Using panel data from 30 Chinese provinces over the period 2011-2021,this paper finds that the digital economy and green finance can to-gether reduce carbon emissions,and conducts several robustness tests supporting this conclusion.A heteroge-neity analysis shows that these synergistic effects are more important in regions with low levels of social con-sumption Meanwhile,in the spatial dimension,the synergistic effect of the local digital economy and green fi-nance adversely impacts the level of carbon emissions in surrounding areas.The findings of this paper provide insights for policymakers in guiding capital flow and implementing carbon-reduction policies while fostering the growth of China's digital economy and environmental sustainability.
Digital economyGreen financeCarbon emissionDynamic spatial Durbin modelSpatial spillover effect
Ruiqi Wang、Wenqi Zhao
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School of Economics and Management,Xiamen University Malaysia,Sepang 43900,Malaysia
School of Public Affairs,Zhejiang University,Hangzhou 310058,China
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