The Urban Renewable Energy Transition: Impact Assessment and Transmission Mechanisms of Climate Policy Uncertainty DOI Creative Commons
Da Gao, Tianyi Zhang, Xiaowei Liu

et al.

Energies, Journal Year: 2025, Volume and Issue: 18(8), P. 2089 - 2089

Published: April 18, 2025

The transition to renewable energy is a critical pathway for achieving low-carbon development and addressing global climate change problems. Therefore, we expand the conventional province-level balance table urban level, providing refined assessment tool evaluating (RET). This study investigates impact of policy uncertainty (CPU) on RET explores underlying mechanisms. findings reveal that CPU significantly inhibits RET, with this effect being particularly pronounced in non-capital inland cities. mechanisms through which hinders include exacerbating capital labor misallocation suppressing industrial structure upgrading. Furthermore, moderation model indicates high-intensity government supervision low public environmental awareness exacerbate negative RET. Our provide governments adopting forward-looking policies mitigate adverse effects transition.

Language: Английский

Financial Literacy, Fintech, and Risky Financial Investment in Urban Households—An Analysis Based on CHFS Data DOI Creative Commons
Linsheng Chen,

Jiao Bai,

Shiwei Xu

et al.

Mathematics, Journal Year: 2024, Volume and Issue: 12(21), P. 3393 - 3393

Published: Oct. 30, 2024

In recent years, China’s financial markets have come under increasing scrutiny. order to explore the impact of literacy on urban household investment in risk market, this paper used micro-data 2019 China Household Finance Survey (CHFS) start from two perspectives: and number products, namely breadth investment. By constructing a probit model ordered for empirical analysis, main conclusions are as follows. Benchmark regression results show that improvement can significantly promote households make risky investments broaden types investments. Based IV-probit two-stage least square method, endogeneity test using economic information attention degree instrumental variable showed were credible. The robustness basically correct. Furthermore, mechanism analysis found use fintech played an intermediary effect process affecting amount This indicates improve probability fintech, thus promoting behavior. Heterogeneity based attitude had greater behavior risk-inclined families, followed by risk-neutral risk-averse families. research practical significance solve problems related market Therefore, puts forward some suggestions reference, especially terms education digital economy.

Language: Английский

Citations

3

The Urban Renewable Energy Transition: Impact Assessment and Transmission Mechanisms of Climate Policy Uncertainty DOI Creative Commons
Da Gao, Tianyi Zhang, Xiaowei Liu

et al.

Energies, Journal Year: 2025, Volume and Issue: 18(8), P. 2089 - 2089

Published: April 18, 2025

The transition to renewable energy is a critical pathway for achieving low-carbon development and addressing global climate change problems. Therefore, we expand the conventional province-level balance table urban level, providing refined assessment tool evaluating (RET). This study investigates impact of policy uncertainty (CPU) on RET explores underlying mechanisms. findings reveal that CPU significantly inhibits RET, with this effect being particularly pronounced in non-capital inland cities. mechanisms through which hinders include exacerbating capital labor misallocation suppressing industrial structure upgrading. Furthermore, moderation model indicates high-intensity government supervision low public environmental awareness exacerbate negative RET. Our provide governments adopting forward-looking policies mitigate adverse effects transition.

Language: Английский

Citations

0