Non-Linear Impacts and Spatial Spillover of Digital Finance on Green Total Factor Productivity: An Empirical Study of Smart Cities in China DOI Open Access
Ying Hua Yu, Qian Zhang, Song Fan

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(12), P. 9260 - 9260

Published: June 8, 2023

Smart cities are important digital economy vehicles that can fully exploit the green attributes and spatial penetration of finance. Using panel data for 100 selected as pilot smart in China from 2011 to 2019, this paper applies a econometric model analyze non-linear impacts finance on GTFP its spillovers. Furthermore, it utilizes mediation models study their transmission mechanisms. The results show first inhibits then promotes GTFP, with spillovers four dimensions: geography, information, technology, human capital. Its mediating mechanisms innovation effects, structural scale effects. statistical significance U-shaped relationship is regionally heterogeneous, according different levels capital, informatization, urbanization, financial marketization. Based finance’s heterogeneous policy recommendations adopt differentiated development strategies specific underlying conditions cities. Stimulating effects suppressing will help breakthrough inflection points, positively promote GTFP. It also necessary encourage inter-regional cooperation among release spillover dividends through technology sharing, information transfer, talent exchange linked improvement

Language: Английский

How does digital finance affect financial mismatch? DOI

Lei Yin,

Z. Wang

Applied Economics, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 18

Published: March 19, 2024

This study explores the mechanisms and heterogeneity of impact digital finance on financial mismatch in China, utilizing data among Chinese A-share listed companies for period from 2012 to 2021. The results offer following key findings: (1) notably diminishes mismatch, a battery endogeneity robustness tests validate resilience these results; (2) alleviates by addressing issues related financing constraints, information asymmetry, transformation; (3) analysis shows that mitigating effect is more pronounced regions are developed financially, non-state-owned enterprises, high-tech industries, low-polluting industries.

Language: Английский

Citations

4

Digital finance, maize productivity, and welfare of farm households in Burkina Faso DOI Creative Commons
Salimata Traoré, Richard K. Moussa

Cogent Economics & Finance, Journal Year: 2025, Volume and Issue: 13(1)

Published: Jan. 21, 2025

Maize is a key product entering the consumption basket of households in Burkina Faso and one main crops cultivated country. productivity thus important for food security household welfare but constrained by financial issues that can be alleviated digital finance. Using data from 2018 Living Standard Measurement Survey (LSMS) Faso, we analyze effects finance uptake on maize spillover farm households' welfare. Our results indicate adoption increases agricultural producers, turn, has beneficial effect their These findings call to emphasize alleviation constraints policies aim improve farmers' productivity.

Language: Английский

Citations

0

Digital Finance and Reduction of Pollution and Carbon Emissions: A Case Study of China by Considering the Mediating, Moderating and Spatial Spillover Effects DOI Open Access

Haiyang Qiu,

Xin Li, Jian Kang

et al.

Geological Journal, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 20, 2025

ABSTRACT In the digital age, using tools to promote environmental governance has gained significant attention. Digital finance (DF) integrates financial systems with technologies, offering a new financing channel and mechanism for collaboratively reducing pollutants carbon emissions (RPCEs). This paper explores multifaceted impact of DF on RPCE, China as case study. Utilising panel data from 30 provinces in 2011 2021, study applies benchmark regression, mediation, moderation spatial econometric models empirically analyse DF's effects mechanisms RPCE. The findings revealed that: (1) positively influences industrial structure upgrading playing key role this process. (2) RPCE varies across regions e‐government demonstration zones China, showing stronger central zones. (3) can be strengthened by increasing green fiscal expenditure. (4) negative spillover effect neighbouring areas was witnessed, where local development inhibited growth adjacent through ‘siphon effect’. As result, modern system should tailored regional characteristics while accelerating upgrading. By leveraging expenditure regulations, potential fully realised, creating synergistic

Language: Английский

Citations

0

How Does Environmental Regulation Promote Environmental Total Factor Productivity: Evidence From China's Total Carbon Emission Control Policy DOI Open Access
Kai Xu, Xinyi Jin, Yihua Xu

et al.

International Journal of Finance & Economics, Journal Year: 2025, Volume and Issue: unknown

Published: March 2, 2025

ABSTRACT To address the challenge of reducing carbon emissions and achieving neutrality, assessing efficacy total emission control policy (TCP) is imperative for pursuit sustainable economic growth in China. This study leverages a dataset comprising 282 Chinese cities across period from 2010 to 2021 quantify China's environmental factor productivity (ETFP). Employing differences‐in‐difference (DID) approach, this research scrutinises influence TCP on ETFP. The findings reveal that implementation significantly enhances ETFP within regions subject policy. Notably, exerts more pronounced eastern regions, reliant resource extraction those with higher administrative status. promotion through largely mediated by advancements technology shifts industrial landscape. offers valuable insights facilitate effective rollout

Language: Английский

Citations

0

Digital finance and sustainable development of commercial banks; insights from listed commercial banks DOI

Q. J. Li,

Zhu Zhong,

Qing Ge

et al.

International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104209 - 104209

Published: March 1, 2025

Language: Английский

Citations

0

How does digital finance alleviate fiscal stress? Evidence from China DOI

Haiyan Shan,

M. Gu

Economic Analysis and Policy, Journal Year: 2024, Volume and Issue: unknown

Published: Oct. 1, 2024

Language: Английский

Citations

3

Digital Finance and Green Development: Characteristics, Mechanisms, and Empirical Evidences DOI Open Access

Rulong Zhuang,

Kena Mi,

Menglu Zhi

et al.

International Journal of Environmental Research and Public Health, Journal Year: 2022, Volume and Issue: 19(24), P. 16940 - 16940

Published: Dec. 16, 2022

As the emergence of digital finance is relatively short, research results on mainly focus products, services, coverage, policies, etc. The mechanism and role in influencing green development are still lacking attention. In above context, this paper used spatial analysis methods to describe spatiotemporal characteristics detail, empirically tested path affecting through econometric models intermediary models. showed that: (1) During study period, have been improved varying degrees, but inter-provincial differences obvious. (2) trends similar, overall performance "high east, low west, high south, north". (3) empirical tests found that an effective force reduce energy consumption per unit GDP improve level development. It validates Hypothesis 1. Meanwhile, Heterogeneity effect noteworthy due different regions, types, levels. (4) promotion by concentrated local region has not yet shown a significant spillover for surrounding areas. 2. (5) Energy structure, industrial upgrading, technological progress three paths 3 verified. Finally, innovation lies design framework, diversity methods, policy implications. main contribution enrich expand environmental theory provide detailed evidence. addition, we put forward measures suggestions including governments, financial institutions, enterprises based results. Local governments should pay attention implementation operation effects, institutions constantly need strengthen supply advanced products attach importance use tools achieve low-carbon future.

Language: Английский

Citations

15

How does digital finance accelerate low-carbon development: evidence from the Yellow River Basin, China DOI
Qingfang Liu,

Wei Wu,

Jinping Song

et al.

Journal of Environmental Planning and Management, Journal Year: 2023, Volume and Issue: 68(2), P. 386 - 405

Published: Sept. 27, 2023

AbstractDigital finance has become one of the most important factors that drives transformation toward a low-carbon economy. Although some researchers have examined association between digital and development, indirect effect asymmetric on development still needs to receive more attention. Taking 71 cities in Yellow River Basin as an empirical area, this study analyzed how accelerates proving can directly boost development. Moreover, technological innovation industrial upgrading driven by also reduce carbon emission intensity accelerate Furthermore, results test indicate with higher substantial positive influence. The recommendations presented are beneficial for accelerating progress Basin.Keywords: financelow-carbon developmentthe mediation effectYellow Disclosure statementThe authors declare there is no conflict interests regarding publication article.Supplemental dataSupplemental data article be accessed here.Additional informationFundingThis was mainly supported Second Tibetan Plateau Scientific Expedition Research Program (No. 2019QZKK0406), National Natural Science Foundation China (Nos. 42271224 42171170).

Language: Английский

Citations

8

How Does Digital Finance Affect Energy Efficiency?—Characteristics, Mechanisms, and Spatial Effects DOI Open Access
Ya Wu, Yin Liu, Minglong Zhang

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(9), P. 7071 - 7071

Published: April 23, 2023

The boundaries of traditional financial services have been expanded by digital finance, which has boosted their effectiveness and quality while encouraging energy-efficient production lifestyles, also influencing energy efficiency. This connection between efficiency finance is empirically investigated in this paper using panel data from 278 cities 2011 to 2019. main findings indicate that can be greatly increased via finance. Moreover, usage depth digitalization level improve coverage inhibits it; developed regions, central resource-based all seen improvements Furthermore, green technology innovation R&D investment are mechanisms for Finally, further research illustrates local inhibiting neighboring areas’ efficiency, though effect insignificant. provides additional impetus a rise due the growth

Language: Английский

Citations

7

The role of digital finance for the growth of renewable energy: evidence from China DOI
Wenxin Li, Ying Fan,

Zhu Sun

et al.

Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(10), P. 14641 - 14661

Published: Jan. 27, 2024

Language: Английский

Citations

2