The Impact of Digital Finance on Provincial Carbon Productivity: Empirical Evidence from China DOI Creative Commons
Baijun Liu, Huaichao Chen, Ying Zhang

et al.

SAGE Open, Journal Year: 2024, Volume and Issue: 14(4)

Published: Oct. 1, 2024

Based on the provincial panel data from China, this study explores impact of digital finance carbon productivity. Further, regional heterogeneity and spatial spillover effect, moderating effects financial supervision environmental decentralization, mediating effect green technology innovation are analyzed. The results show that can significantly improve productivity, clearly promote productivity in underdeveloped provinces (i.e., central western regions), but not economically developed eastern region). Digital has a positive In addition, decentralization play Green plays partial This provides reference for improving developing low-carbon economy.

Language: Английский

Green Finance, Enterprise Energy Efficiency, and Green Total Factor Productivity: Evidence from China DOI Open Access

Hepei Li,

Chen Chen, Muhammad Umair

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(14), P. 11065 - 11065

Published: July 14, 2023

Climate change has become a global issue that requires collective efforts, and green finance policies are an important way to address this problem promote enterprise development. This paper uses listed company data city panel investigate the utility mechanisms of influence development in different cities on Green Total Factor Productivity (GTFP) enterprises. The conclusion was can improve GTFP, which remained significant after conducting series robustness tests. mechanism analysis showed GTFP by promoting energy conservation emission reduction. heterogeneity indicated better effect non-state-owned enterprises, large-scale enterprises with weak financing constraints. enriches literature addresses impact influential factors among GTFP.

Language: Английский

Citations

103

Does the digital economy enhance green total factor productivity in China? The evidence from a national big data comprehensive pilot zone DOI
Yanwei Lyu, Xuelian Xiao, Jinning Zhang

et al.

Structural Change and Economic Dynamics, Journal Year: 2023, Volume and Issue: 69, P. 183 - 196

Published: Dec. 14, 2023

Language: Английский

Citations

65

Financial data modeling: an analysis of factors influencing big data analytics-driven financial decision quality DOI
Manaf Al‐Okaily, Aws Al-Okaily

Journal of Modelling in Management, Journal Year: 2024, Volume and Issue: unknown

Published: July 18, 2024

Purpose Financial firms are looking for better ways to harness the power of data analytics improve their decision quality in financial modeling era. This study aims explore key factors influencing big analytics-driven which has been given scant attention relevant literature. Design/methodology/approach The authors empirically examined interrelations between five including technology capability, information quality, data-driven insights and drawing on quantitative collected from Jordanian using a cross-sectional questionnaire survey. Findings SmartPLS analysis outcomes revealed that both capability have positive direct influence without any quality. findings also point importance high-quality decisions. Originality/value first time enriches knowledge literature by exploring critical affecting context.

Language: Английский

Citations

21

Driving Green Innovation: The impact of digital finance on China's transition to clean energy DOI
Huanyu Zheng, Dian Li, Jinyang Cai

et al.

Energy, Journal Year: 2025, Volume and Issue: unknown, P. 134760 - 134760

Published: Jan. 1, 2025

Language: Английский

Citations

2

Nonlinear impact of the coordination of IFDI and OFDI on green total factor productivity in the context of “Dual Circulation” DOI Creative Commons
Feng Dong, Yujie Zhang,

Jianheng Huang

et al.

Financial Innovation, Journal Year: 2025, Volume and Issue: 11(1)

Published: March 17, 2025

Abstract Economic growth and environmental pollution have become the bases of geopolitical competition due to multiple constraints in energy consumption protection recent decades. Whether coordinated development inward foreign direct investment (IFDI) outward (OFDI) promote economic while reducing realizing high-quality affects overall socialist modernization under China’s “Dual Circulation” policy. Using provincial panel data from 2005 2020, this paper first measured green total factor productivity (GTFP) index (CDIFDI) IFDI OFDI via slacks-based measure-global Malmquist–Luenberger (SBM-GML) model capacity coupling model. A threshold with interactive effects (PTIFEs) was then applied explore nonlinear impact CDIFDI on GTFP. Finally, a regional heterogeneity analysis conducted for eastern, central western regions China. Results show that (1) GTFP China kept rising small fluctuations during sample period, increasing range decreasing east west. (2) had significant “U”-shaped effect GTFP, main variables were industrial structure level development. (3) played positive role promoting eastern region, not significant. Policy-makers enterprises should comprehensively consider upgrading achieve greater Scientifically measuring exploring provide helpful references policy-makers coordinate economies.

Language: Английский

Citations

2

Green finance policy and enterprise green development: Evidence from China DOI
Yanwei Lyu,

Yangyang Bai,

Jinning Zhang

et al.

Corporate Social Responsibility and Environmental Management, Journal Year: 2023, Volume and Issue: 31(1), P. 414 - 432

Published: July 26, 2023

Abstract Global environmental issues are becoming increasingly prominent, and green finance may play a key role in achieving sustainable development. This study takes the “Green Financial Reform Innovation Pilot Zone” policy as quasi‐natural experiment. The Difference‐in‐Difference model Propensity Score Matching‐Difference Difference applied to examine direct effect of on development enterprises. A mechanism test is used investigate its indirect transmission mechanism. Then several heterogeneity analyses performed from five perspectives. results show that considerably promotes enterprise conclusion supported by series robustness tests. financing constraints innovation two channels for affecting indicate more significant among enterprises those non‐state‐owned, have managers with financial background, operate regions high marketization, belong industries low monopoly, locate poilt zones Zhejiang, Guangdong, Guizhou. Based above findings, suggestions made establish win‐win scenario economy environment.

Language: Английский

Citations

32

The digital economy, market integration and environmental gains DOI
Benbo Liang,

Gailei He,

Yuran Wang

et al.

Global Finance Journal, Journal Year: 2024, Volume and Issue: 60, P. 100956 - 100956

Published: Feb. 21, 2024

Language: Английский

Citations

11

Innovative financial solutions for sustainable investments using artificial intelligence-based hybrid fuzzy decision-making approach in carbon capture technologies DOI Creative Commons
Serhat Yüksel, Serkan Eti, Hasan Dınçer

et al.

Financial Innovation, Journal Year: 2025, Volume and Issue: 11(1)

Published: Jan. 3, 2025

Abstract High costs, technical difficulties, and policy uncertainties are the main challenges in carbon capture technology investments. Therefore, innovative financial products required to develop projects that overcome these difficulties. Some issues must be considered when developing products. An important problem this process is features cannot possibly exist together new product, because each of incurs some costs. identifying most necessary. Accordingly, study develops a product increase effectiveness investments technologies. For purpose, novel artificial intelligence (AI)-based fuzzy decision-making model constructed. First, weights experts were calculated by considering AI methodology. Second, factors affecting investment technologies weighted using spherical DEMATEL. Finally, for ranked ARAS method. This study’s contribution its creation integrating methodology with theory. In process, an approach. It concluded cost-effectiveness prioritized development Technological competence another aspect should process. However, include risk management flexible financing.

Language: Английский

Citations

1

Digital Finance Promotes Corporate ESG Performance: Evidence from China DOI Open Access
Yalin Mo,

Yuchen Che,

Wenqiao Ning

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(14), P. 11323 - 11323

Published: July 20, 2023

Whether and how digital finance can promote corporate environmental, social, governance (ESG) development has become an important issue. Based on panel data from listed companies in the Shanghai Shenzhen stock markets 2011 to 2017, this paper investigates whether ESG performance of Chinese companies. The empirical results indicate that not only promotes but also indirectly facilitates it by alleviating their financing constraints. Channel tests reveal predominantly through promotion social performance, does contribute promoting environmental performance. Further research finds more strongly enterprises eastern region, state-owned enterprises, small polluting enterprises. Finally, article puts forward some policy recommendations for high-quality economic China, such as driving “ESG financial innovation” make full use enabling role development, effectively bringing enterprises’ attention guiding western region non-state-owned

Language: Английский

Citations

11

Can Digital Finance Narrow Regional Economic Disparities? Evidence From Urban Agglomerations in China DOI
Qiuyang Zhou

Australian Economic Papers, Journal Year: 2025, Volume and Issue: unknown

Published: May 14, 2025

ABSTRACT With the continuous acceleration of economic development, problem regional imbalance has become increasingly prominent. From perspective core–periphery, this study examines impact digital finance on disparities between cities and tests mediating effect factor mobility. The results show that is conducive to narrowing central peripheral cities. Factor mobility primary mechanism. Digital can reduce urban by facilitating flow capital factors. Heterogeneity analysis shows role more significant in eastern regions. Among three sub‐indicators finance, both coverage breadth digitization are disparities. Therefore, construction financial infrastructure should be strengthened increase so a broader range regions groups enjoy dividend promote coordinated development.

Language: Английский

Citations

0