Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspective

Abstract Based on the panel data of 276 prefecture-level cities in China from 2011 to 2020, this study explores the impact of digital inclusive finance (DIF) on carbon emissions and the intrinsic mechanism of green technological innovation from a spatial perspective by constructing a spatial econome...

Full description

Bibliographic Details
Main Authors: Yang Lu, Ziyi Xia
Format: Article
Language:English
Published: Nature Portfolio 2024-04-01
Series:Scientific Reports
Subjects:
Online Access:https://doi.org/10.1038/s41598-024-59081-9
_version_ 1797209374436884480
author Yang Lu
Ziyi Xia
author_facet Yang Lu
Ziyi Xia
author_sort Yang Lu
collection DOAJ
description Abstract Based on the panel data of 276 prefecture-level cities in China from 2011 to 2020, this study explores the impact of digital inclusive finance (DIF) on carbon emissions and the intrinsic mechanism of green technological innovation from a spatial perspective by constructing a spatial econometric model, a mediating effect model, and a threshold model. The results show that DIF significantly inhibits carbon emissions, exhibiting a spatial spillover effect. The transmission mechanism from a spatial perspective shows that green technological innovation plays a partial mediating role between DIF and carbon emissions, with the mediating effect accounting for approximately 59.47%. The heterogeneity analysis suggests that the impact of DIF on the reduction of carbon emissions is more pronounced in large and medium-sized cities and eastern regions. Further discussion reveals that the carbon reduction effect of DIF is also influenced by green technological innovation and industrial structure upgrading, showing threshold effects with marginal decreases and gradual increases, respectively.
first_indexed 2024-04-24T09:53:41Z
format Article
id doaj.art-d172ce30509541939e4de3522c5bad27
institution Directory Open Access Journal
issn 2045-2322
language English
last_indexed 2024-04-24T09:53:41Z
publishDate 2024-04-01
publisher Nature Portfolio
record_format Article
series Scientific Reports
spelling doaj.art-d172ce30509541939e4de3522c5bad272024-04-14T11:17:16ZengNature PortfolioScientific Reports2045-23222024-04-0114111510.1038/s41598-024-59081-9Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspectiveYang Lu0Ziyi Xia1School of Economics, Jiangxi University of Finance and EconomicsSchool of Economics, Jiangxi University of Finance and EconomicsAbstract Based on the panel data of 276 prefecture-level cities in China from 2011 to 2020, this study explores the impact of digital inclusive finance (DIF) on carbon emissions and the intrinsic mechanism of green technological innovation from a spatial perspective by constructing a spatial econometric model, a mediating effect model, and a threshold model. The results show that DIF significantly inhibits carbon emissions, exhibiting a spatial spillover effect. The transmission mechanism from a spatial perspective shows that green technological innovation plays a partial mediating role between DIF and carbon emissions, with the mediating effect accounting for approximately 59.47%. The heterogeneity analysis suggests that the impact of DIF on the reduction of carbon emissions is more pronounced in large and medium-sized cities and eastern regions. Further discussion reveals that the carbon reduction effect of DIF is also influenced by green technological innovation and industrial structure upgrading, showing threshold effects with marginal decreases and gradual increases, respectively.https://doi.org/10.1038/s41598-024-59081-9Digital inclusive financeGreen technological innovationCarbon emissionsSpatial Durbin modelMediating effect
spellingShingle Yang Lu
Ziyi Xia
Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspective
Scientific Reports
Digital inclusive finance
Green technological innovation
Carbon emissions
Spatial Durbin model
Mediating effect
title Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspective
title_full Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspective
title_fullStr Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspective
title_full_unstemmed Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspective
title_short Digital inclusive finance, green technological innovation, and carbon emissions from a spatial perspective
title_sort digital inclusive finance green technological innovation and carbon emissions from a spatial perspective
topic Digital inclusive finance
Green technological innovation
Carbon emissions
Spatial Durbin model
Mediating effect
url https://doi.org/10.1038/s41598-024-59081-9
work_keys_str_mv AT yanglu digitalinclusivefinancegreentechnologicalinnovationandcarbonemissionsfromaspatialperspective
AT ziyixia digitalinclusivefinancegreentechnologicalinnovationandcarbonemissionsfromaspatialperspective