金融理论与教学2023,Vol.182Issue(6):20-28,9.
绿色金融降低了中国城市二氧化碳的排放强度吗?
Does Green Finance Contribute to the Reduction of Cities'Carbon Emission Density?Based on the Empirical Study of 264 Cities at and Above the Prefecture Level
摘要
Abstract
Carbon emission intensity is a bridge between economic growth and green low-carbon,so it is of great practical significance to explore the impact of green finance on carbon emission intensity.Based on the panel data of 264 cities at and above the prefecture level in China from 2013 to 2021,the paper empirically investigates the effects and mechanisms of green finance on CO2 emission intensity by using fixed effect,panel threshold and mediation effect models.The results show that green finance can significantly reduce urban carbon emission intensity,and the above conclusions are still valid after various robustness tests,but there is heterogeneity in the carbon emission reduction effect of green finance in the cities of different regions,different resource types,and different scales and sizes;and there is a non-linear characteristic in the effect of green finance to reduce the carbon emission intensity;and further research on the mechanism of the role of green finance show that among the three indirect channels of green finance to promote the reduction of carbon emission intensity,only the greening and upgrading of industrial structure and the cleaning and upgrading of energy structure are significant,while the channel of green technological innovation is not yet significant,in which the greening and upgrading of industrial structure is the main channel.Finally,the paper puts forward some policy suggestions on developing green finance and reducing carbon emission intensity.关键词
绿色金融/二氧化碳排放强度/中介效应/城市Key words
green finance/carbon emission density/mediation effect/cities分类
管理科学引用本文复制引用
肖晓军,胡明琪..绿色金融降低了中国城市二氧化碳的排放强度吗?[J].金融理论与教学,2023,182(6):20-28,9.基金项目
江西省教育厅科技项目"'双碳'目标下我国绿色金融的激励约束机制创新与构建研究"(GJJ211434)阶段成果. (GJJ211434)