The impact of green finance on the high-quality development of regional economies
SUN Huaping
CHENG Zhao
HE Yihui
Abstract：Under the new development concepts and the"dual carbon"goals,how green finance drives the high-quality development of regional economies has become an important theoretical and practical issue.This study investigates the impact of green finance on the high-quality development of regional economies and its mechanisms,using provincial panel data from 2010 to 2020.It explores the potential mechanisms of energy efficiency and green innovation and conducts a heterogeneity analysis to investigate boundary conditions.Findings indicate that:① green finance has a positive effect on the high-quality development of regional economies;② energy utilization efficiency and green innovation are potential mechanisms through which green finance promotes high-quality regional economic development;③ heterogeneity analysis reveals that the impact of green finance is more pronounced in provinces with renewing industrial structures,suggesting that the adjustment and transformation of industrial structures are boundary conditions for the positive impacts of green finance.This research provides valuable insights for the formulation of regional green finance and economic development policies.
Keywords：green financehigh-quality developmentenergy utilization efficiencygreen innovationmechanism
Publication Date：2024-04-20
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：11( 110-120 )