The impact of fintech innovation on green growth in China: Mediating effect of green finance
The impact of fintech innovation on green growth in China: Mediating effect of green finance
复制标题
金融科技创新对中国绿色增长的影响：绿色金融的中介效应
DOI：
10.1016/j.ecolecon.2021.107308
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发表时间：
2022-03
影响因子：
7
通讯作者：
Guangyou Zhou;Jieyu Zhu;Sumei Luo
中科院分区：
文献类型：
--
作者：
Guangyou Zhou;Jieyu Zhu;Sumei Luo
尽管绿色增长已成为世界许多国家的经济发展战略，研究也从多角度分析了绿色增长的影响因素，但专门探讨金融科技和绿色金融对绿色增长影响的文献并不多见。本文从金融科技发展的视角，在深入分析绿色金融对绿色增长影响机制的基础上，尝试构建一个评价区域经济绿色增长的综合指标。同时，选取2011 - 2018年中国省级面板数据，检验金融科技创新和绿色金融对绿色增长的影响及其作用机制。事实证明，金融科技和绿色金融显著促进了绿色经济增长。同时，金融科技和绿色金融对绿色增长的影响具有明显的区域异质性，即东部地区的影响显著强于中西部地区。进一步的研究表明，金融科技创新主要通过绿色投资和绿色信贷促进绿色经济增长。因此，金融科技创新可以通过提升绿色金融的发展水平来促进绿色经济增长，这对大多数国家都有很大的借鉴意义。
Although green growth has become the economic development strategy of many countries in the world, and studies have analyzed the influencing factors of green growth from multiple angles, there are few literatures devoted to the impact of fintech and green finance on green growth. From the perspective of fintech development, this paper tries to construct a comprehensive index to evaluate the green growth of regional economy based on the in-depth analysis of the influence mechanism of green finance on green growth. At the same time, China's provincial panel data from 2011 to 2018 are selected to test the impact of fintech innovation and green finance on green growth, and its mechanism. It turns out that fintech and green finance significantly promotes green economic growth. At the same time, the impact of fintech and green finance on green growth has obvious regional heterogeneity, that is, the impact in eastern China is significantly stronger than that in central and western China. Further research shows that fintech innovation mainly promotes green economic growth through green credit and green investment. Therefore, fintech innovation can promote green economic growth by improving the development level of green finance, which has great reference significance for most countries.