Unlocking Green Patterns: The Local and Spatial Impacts of Green Finance on Urban Green Total Factor Productivity DOI Open Access

Jiyou Xiang,

Linfang Tan, Da Gao

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(18), P. 8005 - 8005

Published: Sept. 13, 2024

The urgency of global climate change and environmental degradation has become increasingly apparent, green finance, as a pioneering financial tool, is providing critical support to unlock regional patterns. Based on the data China’s prefecture level from 2010 2021, this study examines causal relationship mechanism finance (GF) urban total factor productivity (GTFP) using spatial Durbin model. results show following: (1) Green can not only improve local GTFP, but also spillover effect, it still valid after robustness test, which means that development GF significantly promote transformation. (2) effect are more obvious in coastal developed areas. (3) After deconstructing transformation, paper finds improving energy utilization efficiency, mitigating capital mismatch degree, enhancing new quality important impact channels for enhance GTFP. These conclusions provide theoretical reference help with construction high-quality “Double Cycle” pattern, low-carbon This application value provides experience other developing countries seek transformation perspective practice.

Language: Английский

Exploring the Impact of Green Finance on Sustainable Rural Development: Evidence From 283 Cities in China DOI Creative Commons

Chuanjian Yi,

Bo Xu,

Kejun Lin

et al.

Discrete Dynamics in Nature and Society, Journal Year: 2025, Volume and Issue: 2025(1)

Published: Jan. 1, 2025

Green finance is of vital significance for global rural sustainable development. This paper aims to explore the impact green on Based panel data obtained from 283 prefecture‐level cities in China over period 2004 2022, a development indicator system was constructed under DPSIR framework. By employing fixed‐effects model, moderation effect analysis, and spatial Durbin role its effects proposed. The results these analyses reveal following: (1) Rural exhibits cyclical expansion–contraction trend; (2) promotes sustainability, confirmed by robustness checks; (3) environmental regulations digital economy play positive moderating enhancing development; (4) terms effects, has within region but can exert negative spillover surrounding regions. findings, it proposed that layout should be strengthened, supervision enhanced, promoted. Such recommendations represent critical measures which serve as foundation stimulate provide valuable references relevant policy formulation.

Language: Английский

Citations

0

Towards sustainable development: can industrial collaborative agglomeration become an accelerator for green and low-carbon transformation of resource-based cities in China? DOI
Bowei Wu, Yingzhi Xu

Journal of Environmental Management, Journal Year: 2025, Volume and Issue: 381, P. 125199 - 125199

Published: April 10, 2025

Language: Английский

Citations

0

Unlocking Green Patterns: The Local and Spatial Impacts of Green Finance on Urban Green Total Factor Productivity DOI Open Access

Jiyou Xiang,

Linfang Tan, Da Gao

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(18), P. 8005 - 8005

Published: Sept. 13, 2024

The urgency of global climate change and environmental degradation has become increasingly apparent, green finance, as a pioneering financial tool, is providing critical support to unlock regional patterns. Based on the data China’s prefecture level from 2010 2021, this study examines causal relationship mechanism finance (GF) urban total factor productivity (GTFP) using spatial Durbin model. results show following: (1) Green can not only improve local GTFP, but also spillover effect, it still valid after robustness test, which means that development GF significantly promote transformation. (2) effect are more obvious in coastal developed areas. (3) After deconstructing transformation, paper finds improving energy utilization efficiency, mitigating capital mismatch degree, enhancing new quality important impact channels for enhance GTFP. These conclusions provide theoretical reference help with construction high-quality “Double Cycle” pattern, low-carbon This application value provides experience other developing countries seek transformation perspective practice.

Language: Английский

Citations

1