高师理科学刊2024，Vol.44Issue(12)：17-29,13.DOI:10.3969/j.issn.1007-9831.2024.12.004
基于双重差分法的新型货币政策扩容对企业绿色创新影响的研究
Study of the effect of the unconventional monetary policy expansion on corporate green innovation based on difference-in-differences model
摘要
Abstract
The expansion of the unconventional monetary policy is a prominent strategy to promote green innovation in enterprises.Taking the implementation of the unconventional monetary policy expansion in 2018 as a quasi-natural experiment,the DID model was used to analyze the impact of the unconventional monetary policy expansion on enterprises' green innovation.The research found that the expansion of the unconventional monetary policy can significantly stimulate the joint improvement of the quantity and quality of enterprise green innovation,and the effect is more prominent in non-state-owned,favorable business environment,technology-intensive and highly market-oriented green enterprises.The mechanism analysis showed that financing costs and financing scale are important paths for the expansion of the new monetary policy to promote the quantitative and qualitative increase of green innovation in enterprises,and the analysis of regulatory effects showed that environmental regulations and intellectual property intensity significantly enhance this promoting effect.The research provides evidence to support the effectiveness of the unconventional monetary policy expansion,and also provides new ideas to promote the green sustainability development of the economy.关键词
新型货币政策扩容/绿色企业/技术创新/融资效应Key words
unconventional monetary policy expansion/green enterprises/technological innovation/financing effect分类
管理科学引用本文复制引用
刘玉,张波..基于双重差分法的新型货币政策扩容对企业绿色创新影响的研究[J].高师理科学刊,2024,44(12):17-29,13.基金项目
2023年度安徽省社会科学创新发展研究攻关项目(23CX033) （23CX033）
合肥市2024年度哲学社会科学规划项目(HFSKYY202430) （HFSKYY202430）
