Environmental Research Communications, Год журнала: 2024, Номер 6(11), С. 115005 - 115005

Опубликована: Окт. 25, 2024

Abstract Manufacturing’s green transformation is essential for advancing high-quality development. Green credit, which functions as a market-driven tool, offers support achieving this transformation. Using manufacturing data from 30 provinces in China 2005 to 2020, research establishes theoretical framework analyze how credit and marketization levels influence manufacturing’s This also provides an empirical analysis of influences transition. The results are follows: first, the growth plays significant role driving sector, with finding remaining valid after series robustness endogeneity tests. Second, mechanism shows that supports environmentally friendly industry through improvement R&D intensity. Third, moderation testing reveals process significantly strengthens positive effect on promotion Among them following, relationship between government market development product inhibit sector. factor markets, non-state-owned economies, intermediary organizations legal system environment exert facilitating function, enhances conclusions provide fresh insights evidence hold practical significance refining policies market-oriented reforms.

Язык: Английский