Study on the Impact of Green Finance on Regional Coordinated Development

Authors

  • Zhaoyang Sun

DOI:

https://doi.org/10.54097/0sy2v486

Keywords:

Green finance, Regional coordinated development, Technological innovation, Industrial structural upgrading, regional heterogeneity.

Abstract

This paper is situated within the frameworks of technological innovation and industrial structural upgrading, aiming to scrutinize the impact and mechanisms of green finance in fostering regional coordinated development. Empirical findings underscore that green finance significantly promotes regional coordinated development, and this conclusion retains robustness through various stability tests. Technological innovation and industrial structural upgrading emerge as pivotal factors influencing regional coordinated development through the conduit of green finance. Moreover, the influence of green finance on regional coordinated development manifests heterogeneity, with the Eastern region exhibiting a more pronounced promotional effect. In conclusion, the paper culminates with a set of policy recommendations.

Downloads

Download data is not yet available.

References

Meng Weifu, Liu Jinghan. The Effect and Heterogeneity Analysis of Green Finance Promoting High-quality Economic Development—Based on the Perspective of Technological Innovation and Industrial Structure Upgrading [J]. Economic Vertical and Horizontal, 2023 (07): 100 - 110.

Fang Jianguo, Lin Fanli. Research on Regional Differences and Influencing Factors of Green Finance Development in China [J]. Wuhan Finance, 2019 (07): 69 - 74.

Fang Jianguo, Lin Fanli. Study on the Convergence of Regional Green Finance Development in China [J]. Journal of University of Electronic Science and Technology (Social Sciences Edition), 2019, 21 (04): 1 - 12.

Yang Xiaolu. Analysis of the Impact of Green Finance on Industrial Structure Upgrading [D]. Xidian University, 2021.

Acheampong, A. O., Amponsah, M. Does Financial Development Mitigate Carbon Emissions—Evidence from Heterogeneous Financial Economies [J]. Energy Economics, 2020 (5): 8 - 12.

Yang Danni, Wang Junwen. Green Finance, Credit Resource Allocation Efficiency, and Urban High-quality Development [J]. Credit Investigation, 2023, 41 (09): 78 - 85.

Zhao Yaxiong, Wang Xiuhua, Liu Jinhua. Evaluation of the Effect of Green Finance Reform and Innovation Pilot Zone—Based on the Perspective of Green Economic Efficiency[J]. Economic Review, 2023 (02): 122 - 138.

Haider, S., Akram, V. Club Convergence Analysis of Ecological and Carbon Footprint: Evidence from a Cross-country Analysis[J]. Carbon Management, 2019 (5): 451 - 463.

Panzer-Krause S. Networking towards Sustainable Tourism: Innovations between Green Growth and Degrowth Strategies [J]. Regional Studies, 2019, 53 (7): 927 - 938.

Chen Dongsheng. The Theory and Practice of Coordinated Regional Development [J]. Journal of Jiaxing University, 2005 (01): 36 - 40+68.

A Husen, Li Jin. Moderate "Policy Gradient" Is a Strategic Option to Achieve Coordinated Regional Development—Based on the Discussion of the Mechanism of New Economic Geography Circular Cumulative Causation [J]. Academic Monthly, 2010, 42 (01): 73 - 79.

Shi, T. The Spatiotemporal Evolutionary Trend [J]. International Journal of Environmental Research and Public Health, 2020 (10): 65 - 68.

Yu Jiajie. Research on the Impact of Green Finance on Regional Economic Development—Taking the Yangtze River Delta and Pearl River Delta as Examples [J]. Reform and Opening Up, 2022 (07): 16 - 26.

Yu Dan. Green Technology Cannot Do Without Effective Support of Green Finance [J]. People's Forum, 2018 (18): 86 - 87.

Wang Zhenjie, Lv Zhijun. Green Finance, Analyst Attention, and Financing Assistance for New Energy Enterprises [J]. Contemporary Finance and Economics, 2022 (09): 52 - 63.

Liu Qiang, Wang Weinan, Chen Hengyu. Research on the Impact of the Implementation of the "Green Credit Guidelines" on the Innovation Performance of Polluting Enterprises [J]. Scientific Research Management, 2020, 41 (11): 100 - 112.

Luo Fuzheng, Luo Nengsheng. Government Competition, Market Agglomeration, and Coordinated Regional Economic Development [J]. China Soft Science, 2019 (09): 93 - 107.

Zhang Zhihe, Guo Xing, Yi Lan. Innovation Driving Mechanism for High-quality Economic Development [J]. Journal of Xi'an Jiaotong University (Social Sciences), 2019, 39 (06): 39 - 46.

Ding Pan, Jin Weihua, Chen Nan. Green Finance Development, Industrial Structure Upgrading, and Sustainable Economic Growth [J]. Southern Finance, 2021 (02): 13 - 24.

Wang Yujing, Jiang Hangxiang. Path Analysis of Green Finance Promoting the Development of Low-carbon Industries [J]. Wuhan Finance, 2017 (04): 54 - 56.

Liu Qiang, Li Zejin. Industrial Structure Upgrading and Coordinated Regional Economic Development—Empirical Evidence from Provinces and Urban Agglomerations [J]. Economist, 2022 (08): 53 - 64.

Xu Min, Jiang Yong. Can China's Industrial Structure Upgrading Narrow the Consumption Gap between Urban and Rural Areas? [J]. Research on Quantity and Technical Economy, 2015, 32 (03): 3 - 21.

Fan Gang, Wang Xiaolu, Ma Guangrong. Contribution of China's Marketization Process to Economic Growth [J]. Economic Research, 2011, 46 (09): 4 - 16.

Zhong Wen, Zheng Minggui. Impact and Mechanism of Digital Economy on Coordinated Regional Development [J]. Journal of Shenzhen University (Humanities and Social Sciences), 2021, 38 (04): 79 - 87.

Chen Zhilian, Gao Hui, Zhang Zhiyong. Development of Green Finance and Optimization and Upgrading of Regional Industrial Structure—Taking Western Regions as an Example [J]. Southwest Finance, 2018 (11): 70 - 76.

Downloads

Published

09-05-2024

How to Cite

Sun, Z. (2024). Study on the Impact of Green Finance on Regional Coordinated Development. Highlights in Business, Economics and Management, 33, 551-561. https://doi.org/10.54097/0sy2v486