A study on the relationships among green finance, environmental pollution and economic development
With the rapid development of China's economy, China's energy consumption is increasing. There has always been an objective contradiction between economic development and environmental pollution control. Green finance is an important tool to solve the problem. After testing that there is e...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024-01-01
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| Series: | Energy Strategy Reviews |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2211467X23002407 |
| _version_ | 1797320971470766080 |
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| author | Ting Zhang Fanzhen Zhao |
| author_facet | Ting Zhang Fanzhen Zhao |
| author_sort | Ting Zhang |
| collection | DOAJ |
| description | With the rapid development of China's economy, China's energy consumption is increasing. There has always been an objective contradiction between economic development and environmental pollution control. Green finance is an important tool to solve the problem. After testing that there is endogeneity among green finance, environmental pollution and economic development, this paper uses the data in China to explore the spatial effect and interaction relationship of the three by establishing a spatial simultaneous equation. The empirical results show that: Economic development and pollutant emissions constitute an inverted U-shaped EKC; Green finance has a significant positive effect on economic development, and economic development will also bring more green finance investment; The increase of environmental pollutant emissions requires more investment in green finance, and green finance has a certain governance effect on pollutant emissions. |
| first_indexed | 2024-03-08T04:50:48Z |
| format | Article |
| id | doaj.art-8eaab7344d6448e2b7e386af498f6e09 |
| institution | Directory Open Access Journal |
| issn | 2211-467X |
| language | English |
| last_indexed | 2024-03-08T04:50:48Z |
| publishDate | 2024-01-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Strategy Reviews |
| spelling | doaj.art-8eaab7344d6448e2b7e386af498f6e092024-02-08T05:07:45ZengElsevierEnergy Strategy Reviews2211-467X2024-01-0151101290A study on the relationships among green finance, environmental pollution and economic developmentTing Zhang0Fanzhen Zhao1Corresponding author.; Business School, University of Shanghai for Science and Technology, Shanghai, ChinaBusiness School, University of Shanghai for Science and Technology, Shanghai, ChinaWith the rapid development of China's economy, China's energy consumption is increasing. There has always been an objective contradiction between economic development and environmental pollution control. Green finance is an important tool to solve the problem. After testing that there is endogeneity among green finance, environmental pollution and economic development, this paper uses the data in China to explore the spatial effect and interaction relationship of the three by establishing a spatial simultaneous equation. The empirical results show that: Economic development and pollutant emissions constitute an inverted U-shaped EKC; Green finance has a significant positive effect on economic development, and economic development will also bring more green finance investment; The increase of environmental pollutant emissions requires more investment in green finance, and green finance has a certain governance effect on pollutant emissions.http://www.sciencedirect.com/science/article/pii/S2211467X23002407G20O10 |
| spellingShingle | Ting Zhang Fanzhen Zhao A study on the relationships among green finance, environmental pollution and economic development Energy Strategy Reviews G20 O10 |
| title | A study on the relationships among green finance, environmental pollution and economic development |
| title_full | A study on the relationships among green finance, environmental pollution and economic development |
| title_fullStr | A study on the relationships among green finance, environmental pollution and economic development |
| title_full_unstemmed | A study on the relationships among green finance, environmental pollution and economic development |
| title_short | A study on the relationships among green finance, environmental pollution and economic development |
| title_sort | study on the relationships among green finance environmental pollution and economic development |
| topic | G20 O10 |
| url | http://www.sciencedirect.com/science/article/pii/S2211467X23002407 |
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