Journal of Economic Analysis,
Journal Year:
2022,
Volume and Issue:
unknown
Published: Sept. 13, 2022
<p><big>Green
credit
policy
(GCP)
relies
on
financial
means
to
promote
environmental
governance.
Whether
it
can
achieve
the
goals
of
economic
development
and
protection,
especially
in
context
different
institutional
supplies,
remains
be
scientifically
tested.
Based
implementation
China’s
Green
Credit
Guidelines
2012,
this
study
uses
panel
data
Chinese
companies
from
2009
2019
explore
influence
GCP
green
technology
innovation
role
supply
it.
The
results
show
that
is
instrumental
promoting
heavily
polluting
enterprises,
promotion
effect
heterogeneous
based
patent
types,
firms’
ownership,
regional
levels.
Further
analysis
finds
protection
systems
by
local
governments
strengthen
GCP.
However,
has
not
yet
released
a
promotional
effect.
This
paper
used
as
an
governance
tool
provides
inspiration
for
issue
policies
scientifically.</big></p>
