Sustainability,
Год журнала:
2024,
Номер
16(15), С. 6407 - 6407
Опубликована: Июль 26, 2024
Decreasing
carbon
emission
intensity
(CEI)
has
emerged
as
a
crucial
strategy
for
nations
to
attain
low-carbon
economic
growth.
Nevertheless,
definitive
conclusion
about
the
correlation
between
financial
development
and
CEI
not
been
reached.
This
research
examines
influence
of
digital
inclusive
finance
(DIF),
novel
sector,
on
CEI,
role
technology
innovation
(DTI)
in
this
impact.
Firstly,
study
analyzes
DIF
from
perspectives
effect
scale
proposes
hypothesis
that
impact
is
U-shaped.
Then,
using
double
fixed-effect
model
sample
30
provinces
China
2011
2021,
verifies
accuracy
hypothesis.
Subsequently,
mechanism
by
which
impacts
results
indicate
can
exert
U-shaped
via
enhancing
DTI.
further
investigates
three
angles:
geographical
location,
human
capital
level,
green
finance.
It
also
explores
spillover
spatial
heterogeneity
employing
Durbin
model.
Lastly,
drawing
aforementioned
analysis,
report
some
recommendations.
This
article
utilizes
panel
data
from
31
Chinese
provinces
during
the
time
span
2011
to
2020
evaluate
effect
of
digital
finance
on
real
economy
perspective
green
innovation.
Empirical
models
show
that
can
accelerate
growth
in
economy.
Specifically,
influence
is
more
pronounced
areas
with
high
financial
development.
Further
analysis
shows
innovation
plays
role
mechanism
through
which
promotes
economic
growth.
article’s
findings
demonstrate
government
foster
profound
incorporation
into