Does Green Finance Promote Green Technology Innovation in China
DOI:
https://doi.org/10.54097/fbem.v9i2.8990Keywords:
Green finance, Green technology innovation, Spatial Dubin model.Abstract
This paper selects the panel data of 30 provinces in China from 2008-2019 (due to the lack of data in some regions, this paper excludes the data of Tibet, Hong Kong, Macao and Taiwan), uses data envelopment analysis to calculate the level of green technology innovation in China, and constructs a spatial Dobbin model on this basis to explore whether the development of green finance can promote the improvement of the level of green technology innovation in China. The empirical analysis shows that: first, green finance will promote the improvement of the level of green technology innovation in the region; Secondly, green finance does have a spatial spillover effect on green technology innovation, and the development of green finance in this region will restrain the development of green technology innovation in neighboring areas to a certain extent.
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