Frontiers in Energy Research,
Год журнала:
2024,
Номер
12
Опубликована: Окт. 1, 2024
This
study
evaluates
the
impact
of
China’s
carbon
finance
development
on
emission
reduction
and
its
role
in
promoting
low-carbon
economic
growth.
We
construct
an
evaluation
index
system
employ
Systematic
Cluster
Analysis
(SCA)
Data
Envelopment
(DEA)
methods
to
analyze
markets
five
representative
Chinese
provinces
(autonomous
regions).
Utilizing
DEA-BCC
model
DEA-Malmquist
index,
we
conducted
in-depth
analysis
effects
between
2022
2023.
Our
findings
reveal
that
while
significantly
contributes
reduction,
there
are
considerable
regional
disparities
effectiveness.
Beijing
Guangdong
achieved
DEA
efficiency,
whereas
Jilin,
Ningxia,
Xinjiang
experienced
efficiency
losses,
suggesting
a
need
for
structural
optimization.
The
provides
insights
into
challenges
potential
improvements
sector
offers
policy
recommendations
enhancing
market
mechanisms,
technological
innovation,
social
engagement
support
peak
neutrality
goals.
Managerial and Decision Economics,
Год журнала:
2025,
Номер
unknown
Опубликована: Март 3, 2025
ABSTRACT
Enhancing
firms'
ESG
performance
has
become
an
important
issue
for
promoting
sustainable
economic
development.
Nowadays,
the
application
of
big
data
technology
may
have
a
significant
impact
on
performance,
but
research
in
this
area
remains
relatively
insufficient.
Based
quasi‐natural
experiment
national
comprehensive
experimental
zone
pilot
policy
(NBDCEZs)
China,
study
employs
panel
from
1383
Chinese
nonfinancial
listed
firms
2009
to
2022.
We
utilize
difference‐in‐differences
(DID)
method
explore
development
performance.
The
results
indicate
that
implementation
NBDCEZs
positive
effect
enhancing
mechanism
analysis
suggests
effectively
improves
by
strengthening
information
disclosure
quality
and
alleviating
financing
constraints.
Additionally,
heterogeneity
finds
effects
are
more
pronounced
state‐owned
firms,
with
higher
financial
risk,
regions
lower
levels
informatization.
This
provides
insights
policymakers
business
decision‐makers
era
digital
economy.
