The impact of local green finance policies on corporate green innovation from the perspective of policy embeddedness: evidence from Chinese A-listed companies

Digital Economy and Sustainable Development, Год журнала: 2025, Номер 3(1)

Опубликована: Март 26, 2025

Abstract From the perspective of policy embeddedness, this paper explores effect local green financial support policies (LGFP) on transformation (GT) enterprises in China. We constructed a novel database covering 278 prefectures to analyze impact LGFP firms' GT, proposing three theoretical mechanisms: alleviating corporate financing constraints, reducing information asymmetry, and enhancing technology (FinTech). The empirical results indicate that significantly promotes technological innovation (GTI), particularly among heavy-polluting industries, state-owned (SOEs), firms regions with stringent environmental regulations (ER) lower marketization levels. Mechanistic analysis reveals facilitates GTI by easing constraints mitigating asymmetry. Additionally, FinTech amplifies positive GTI. This enriches application embeddedness theory context finance management, offering practical insights for policymakers pursuing sustainable development.

Язык: Английский

---

Unveiling the Nonlinear Impact: Green Finance, Carbon Emission Intensity, and Digital Economy Integration

Sustainable Futures, Год журнала: 2025, Номер unknown, С. 100610 - 100610

Опубликована: Апрель 1, 2025

Язык: Английский

---

Digital economy, technological progress, and carbon emissions in Chinese provinces

Scientific Reports, Год журнала: 2024, Номер 14(1)

Опубликована: Окт. 3, 2024

Язык: Английский

---

County green transformation: how does gross ecosystem product assessment promote common prosperity?

Humanities and Social Sciences Communications, Год журнала: 2025, Номер 12(1)

Опубликована: Янв. 6, 2025

Gross ecosystem product (GEP) refers to the direct measurement of a region's supply capabilities and basis for value realisation. China has made clear arrangements establishing GEP assessment regulations, with 36 districts counties currently conducting assessment, which 24 have executed dual assessments regional gross domestic (GDP) GEP. To explore influence on common prosperity urban rural regions, this study conducts quasi-natural experiment using staggered difference-in-differences model examine data from 1946 2012 2022. The results reveal that can significantly reduce urban-rural income gap improve residents' income, thereby realising prosperity. Further analysis indicates promotes faster growth residents narrowing between through enhanced government attention, fiscal support, green finance, agricultural development. impact is obviously heterogeneous. ability promote stronger in key ecological function areas, strong capacity high public environmental concern. This confirms positive role increasing advancing also provide decision-making reference expedient implementation assessment.

Язык: Английский

---

The Impact of Digitization on Urban Social–Ecological Resilience: Evidence from Big Data Policy Pilots in China

Sustainability, Год журнала: 2025, Номер 17(2), С. 509 - 509

Опубликована: Янв. 10, 2025

Digitization plays a vital role in fostering economic and social development. This study empirically investigates the impact of digitization on urban industrial structures, technological innovation, public service levels, social–ecological resilience. Various approaches, including two-tier stochastic, spatial econometric, panel threshold models, have been employed to analyze data from 287 cities 2008 2023. These are examined through quasi-natural experiment analyzing evolution resilience following China’s promotion national comprehensive pilot zone for big data. The findings as follows. (1) positive effects ecological substantially outweigh negative effects, with an overall increasing trend net effect, albeit significant regional differences. (2) Digitalization exhibits spillover enhancing local while inhibiting improvements neighboring cities. (3) Technological innovation levels positively affect resilience, whereas structure upgrading has indirect effect. Both demonstrate nonlinear under constraints intermediary mechanism. (4) In terms policy mechanisms, differences structure, capacity, must be considered. approach is essential promoting organic integration across regions, mitigating polarization diffusion

Язык: Английский

---

The Non-linear Impact of Digital Trade Development on Carbon Emissions: Evidence from Chinese Cities

Energy Nexus, Год журнала: 2025, Номер unknown, С. 100390 - 100390

Опубликована: Фев. 1, 2025

Язык: Английский

---

Carbon productivity: Reexamining the quality of economic growth in China with fixed-sum CO2 emission constraint

Energy Economics, Год журнала: 2025, Номер unknown, С. 108363 - 108363

Опубликована: Март 1, 2025

Язык: Английский

---

Transforming energy for sustainability: The digital economy's role in reducing industrial hazards

Energy Exploration & Exploitation, Год журнала: 2025, Номер unknown

Опубликована: Апрель 3, 2025

The digital economy, emerging as a new energy source, is driving the transition to green and sustainable urbanization through its significant enabling effects. While economy enhances productivity, replaces traditional energy, has potential transform production models, further investigation needed understand impact on reducing industrial hazards. This article addresses this gap by acknowledging transformative of technologies economic activities, based latest expanded EKC theory. study highlights efficiency digitalization crucial mechanism for It also wealth effect associated with that may increase pollution, thereby expanding Environmental Kuznets Curve Theory. To clarify interplay these effects, employs multidimensional estimation method analyze dynamic Empirical estimates indicate weak causal relationship between sulfur dioxide emissions, an in broadband subscribers having slight negative emissions reduction. In contrast, scientific industry significantly reduces reductions ranging from −0.535 −1.423 tons per billion RMB output (or 1400 million US dollars). Increased gas supply Foreign Direct Investment (FDI), often tied energy-intensive industries, positively influence FDI showing coefficient 0.004. economy's wastewater discharge unclear, but demonstrates effect, coefficients −2.501 −2.819 unit output. most finding empirical research effects particularly increased private sector employment, lead substantial rise discharge. technology can enhance optimize processes, it encounters challenges such job displacement resistance change. promotes practices, incentivizes adoption, mitigates impacts, guiding companies investors toward improved environmental performance responsible consumption while fostering public awareness sustainability challenges. recommends comprehensive strategy address posed economy. Policies include implementing population control measures reduce overall human environment, promoting eco-friendly education foster shifting focus quality living overconsumption, developing residential planning.

Язык: Английский

---

Can digital economy improve urban ecological development? evidence based on double machine learning analysis

Frontiers in Environmental Science, Год журнала: 2025, Номер 13

Опубликована: Апрель 8, 2025

The role of digital economy (DE) in improving urban ecological development (UED) has attracted scholarly attention. Additionally, traditional causal inference models encounter several challenges, such as model misspecification and the “curse dimensionality.” In response to these problems, double machine learning method is applied assess effect DE on UED. Leveraging data from 282 Chinese cities 2006–2021, valuable conclusions emerge. First, improves UED positively contributes resilience recovery. Second, promoting green innovation, enhancing environmental efficiency, optimizing industrial structures are pathways through which Third, influence displays heterogeneity. Based results, this work proposes relevant recommendations grounded empirical research.

Язык: Английский

---

Exploring the role of digital economy on carbon productivity: New evidence from the “Broadband China” Policy

Energy Efficiency, Год журнала: 2025, Номер 18(4)

Опубликована: Апрель 1, 2025

Язык: Английский

---