Spatial differentiation and influencing factors of green finance development level in China
The entropy method measures the development level of green finance in 30 provinces and cities in China, and the spatial analysis method is used to describe the difference. Spatial pattern of the development level of green finance in China and empirically analyze the influencing factors of the develo...
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Format: | Article |
Language: | English |
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Frontiers Media S.A.
2022-09-01
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Series: | Frontiers in Environmental Science |
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Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2022.1023690/full |
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author | Yuanxiang Zhou Huayan Liu Jingxuan Wang Hongrui Yang Ziyun Liu Gang Peng |
author_facet | Yuanxiang Zhou Huayan Liu Jingxuan Wang Hongrui Yang Ziyun Liu Gang Peng |
author_sort | Yuanxiang Zhou |
collection | DOAJ |
description | The entropy method measures the development level of green finance in 30 provinces and cities in China, and the spatial analysis method is used to describe the difference. Spatial pattern of the development level of green finance in China and empirically analyze the influencing factors of the development level of green finance. The results of the spatial econometric model show that the absolute difference in the development level of China’s green finance shows an overall increasing trend, and the relative difference shows a downward trend year by year. The level of financial development and environmental governance promote the development of green finance, while the level of economic growth and energy consumption inhibit the development of green finance. On this basis, we put forward countermeasures and suggestions from strengthening government functions and adjusting industrial structure according to economic growth, so as to promote the development of green finance in China. |
first_indexed | 2024-04-11T09:48:30Z |
format | Article |
id | doaj.art-3c63169af1094fa5adfe754c06ff06b4 |
institution | Directory Open Access Journal |
issn | 2296-665X |
language | English |
last_indexed | 2024-04-11T09:48:30Z |
publishDate | 2022-09-01 |
publisher | Frontiers Media S.A. |
record_format | Article |
series | Frontiers in Environmental Science |
spelling | doaj.art-3c63169af1094fa5adfe754c06ff06b42022-12-22T04:30:53ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-09-011010.3389/fenvs.2022.10236901023690Spatial differentiation and influencing factors of green finance development level in ChinaYuanxiang Zhou0Huayan Liu1Jingxuan Wang2Hongrui Yang3Ziyun Liu4Gang Peng5Institute of Statistics and Applied Mathematics, Anhui University of Finance and Economics, Bengbu, ChinaInstitute of Statistics and Applied Mathematics, Anhui University of Finance and Economics, Bengbu, ChinaSchool of Finance and Public Administration,Anhui University of Finance and Economics, Bengbu, ChinaSchool of Finance, Anhui University of Finance and Economics, Bengbu, ChinaInternational Business School Suzhou, Xi’an Jiaotong-Liverpool University, Suzhou, ChinaSchool of Statistics, Southwestern University of Finance and Economics, Chengdu, ChinaThe entropy method measures the development level of green finance in 30 provinces and cities in China, and the spatial analysis method is used to describe the difference. Spatial pattern of the development level of green finance in China and empirically analyze the influencing factors of the development level of green finance. The results of the spatial econometric model show that the absolute difference in the development level of China’s green finance shows an overall increasing trend, and the relative difference shows a downward trend year by year. The level of financial development and environmental governance promote the development of green finance, while the level of economic growth and energy consumption inhibit the development of green finance. On this basis, we put forward countermeasures and suggestions from strengthening government functions and adjusting industrial structure according to economic growth, so as to promote the development of green finance in China.https://www.frontiersin.org/articles/10.3389/fenvs.2022.1023690/fullgreen financespatial patterninfluencing factorscomprehensive indexfinancial development |
spellingShingle | Yuanxiang Zhou Huayan Liu Jingxuan Wang Hongrui Yang Ziyun Liu Gang Peng Spatial differentiation and influencing factors of green finance development level in China Frontiers in Environmental Science green finance spatial pattern influencing factors comprehensive index financial development |
title | Spatial differentiation and influencing factors of green finance development level in China |
title_full | Spatial differentiation and influencing factors of green finance development level in China |
title_fullStr | Spatial differentiation and influencing factors of green finance development level in China |
title_full_unstemmed | Spatial differentiation and influencing factors of green finance development level in China |
title_short | Spatial differentiation and influencing factors of green finance development level in China |
title_sort | spatial differentiation and influencing factors of green finance development level in china |
topic | green finance spatial pattern influencing factors comprehensive index financial development |
url | https://www.frontiersin.org/articles/10.3389/fenvs.2022.1023690/full |
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