Green credit, carbon emission and high quality development of green economy in China

The high-quality development of green economy is an important way for the future development of China’s economy, but the academic research is relatively few. Based on the panel data of 30 provinces (cities and districts) in China from 2003 to 2019, using Moran index, Spatial Dobbin Model (SDM), inte...

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Main Authors: Weidan Zheng, Luni Zhang, Jianbo Hu
Format: Article
Language:English
Published: Elsevier 2022-11-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484722017358
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author Weidan Zheng
Luni Zhang
Jianbo Hu
author_facet Weidan Zheng
Luni Zhang
Jianbo Hu
author_sort Weidan Zheng
collection DOAJ
description The high-quality development of green economy is an important way for the future development of China’s economy, but the academic research is relatively few. Based on the panel data of 30 provinces (cities and districts) in China from 2003 to 2019, using Moran index, Spatial Dobbin Model (SDM), intermediary effect and so forth, this paper constructs an evaluation index for the high-quality development of green economy. This paper tries to answer the impact of green credit, carbon emissions and the high-quality development of the green economy and some other important questions. Answering the above questions can effectively help government departments to better formulate policies to achieve long-term development goalsThe results are as follows: the improvement of the level of green credit is conducive to promoting the high-quality development of green economy, and the rise of high-quality development level of green economy in a certain region will obviously drive the high-quality development level of green economy in adjacent regions. Meanwhile, carbon dioxide emission plays an intermediary role between green credit and high-quality development of green economy. The impact of green credit on the high-quality development of green economy is more obvious in areas with high economic development level. Moreover, with the improvement of high-quality development of green economy, the promotion effect of green credit is increasing. This research fills the gap in this field at home and abroad and provides ideas and suggestions for the future development of China’s economy.
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spelling doaj.art-7770422f2f1f463caa05c4e647a97ffe2023-02-21T05:13:18ZengElsevierEnergy Reports2352-48472022-11-0181221512226Green credit, carbon emission and high quality development of green economy in ChinaWeidan Zheng0Luni Zhang1Jianbo Hu2School of Economics, Guizhou University of Finance and Economics, Guiyang, ChinaSchool of Business Administration, Guizhou University of Finance and Economics, Guiyang, ChinaSchool of Economics, Guizhou University of Finance and Economics, Guiyang, China; Corresponding author.The high-quality development of green economy is an important way for the future development of China’s economy, but the academic research is relatively few. Based on the panel data of 30 provinces (cities and districts) in China from 2003 to 2019, using Moran index, Spatial Dobbin Model (SDM), intermediary effect and so forth, this paper constructs an evaluation index for the high-quality development of green economy. This paper tries to answer the impact of green credit, carbon emissions and the high-quality development of the green economy and some other important questions. Answering the above questions can effectively help government departments to better formulate policies to achieve long-term development goalsThe results are as follows: the improvement of the level of green credit is conducive to promoting the high-quality development of green economy, and the rise of high-quality development level of green economy in a certain region will obviously drive the high-quality development level of green economy in adjacent regions. Meanwhile, carbon dioxide emission plays an intermediary role between green credit and high-quality development of green economy. The impact of green credit on the high-quality development of green economy is more obvious in areas with high economic development level. Moreover, with the improvement of high-quality development of green economy, the promotion effect of green credit is increasing. This research fills the gap in this field at home and abroad and provides ideas and suggestions for the future development of China’s economy.http://www.sciencedirect.com/science/article/pii/S2352484722017358Green creditCarbon emissionsHigh quality development of green economySpatial effect
spellingShingle Weidan Zheng
Luni Zhang
Jianbo Hu
Green credit, carbon emission and high quality development of green economy in China
Energy Reports
Green credit
Carbon emissions
High quality development of green economy
Spatial effect
title Green credit, carbon emission and high quality development of green economy in China
title_full Green credit, carbon emission and high quality development of green economy in China
title_fullStr Green credit, carbon emission and high quality development of green economy in China
title_full_unstemmed Green credit, carbon emission and high quality development of green economy in China
title_short Green credit, carbon emission and high quality development of green economy in China
title_sort green credit carbon emission and high quality development of green economy in china
topic Green credit
Carbon emissions
High quality development of green economy
Spatial effect
url http://www.sciencedirect.com/science/article/pii/S2352484722017358
work_keys_str_mv AT weidanzheng greencreditcarbonemissionandhighqualitydevelopmentofgreeneconomyinchina
AT lunizhang greencreditcarbonemissionandhighqualitydevelopmentofgreeneconomyinchina
AT jianbohu greencreditcarbonemissionandhighqualitydevelopmentofgreeneconomyinchina