Does Digital Finance Promote Green Economic Growth?
DOI:
https://doi.org/10.54097/fbem.v7i1.3694Keywords:
Digital finance, Green economic growth, Mediating effect, Mechanism of action, Threshold model.Abstract
This paper constructs a balanced panel model of 285 cities in China to study the impact of digital finance on green economic growth. It is found that digital finance has a significant contribution to green economic growth. Green finance can increase green economic growth by promoting industrial structure upgrading. The contribution of green finance to green economic growth is higher in eastern cities and western cities than in the east. Digital finance has a significant threshold effect on green economic growth, and when the depth of digital finance exceeds the threshold value, the promotion effect of digital finance on green economic growth is greater.
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