Detail Impacts of green finance on green innovation: A spatial and nonlinear perspective Bibliografi Author: Huang, Yongming ; Chen, Chen ; Lei, Lijun ; Zhang, Yaping Topik: green finance; green innovation; spatial effect; threshold effect; environment regulation Bahasa: (EN )     Penerbit: Elsevier     Tempat Terbit: Oxford    Tahun Terbit: 2022     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: Yongming Huang 2022.pdf (1.34MB; 1 download) Abstract This paper provides an in-depth understanding of the mechanisms of green finance on green innovation, focusing on their spatial and non-linear relationships. Using panel data of 30 provinces of China during the period of 2009–2017, a green finance index is constructed, and the spatial Durbin model and panel threshold model are used. The results reveal that: (1) Green finance and green innovation had significant positive autocorrelation, and the development of green finance in provinces of central and western China were still in the lower-level range. (2) The coefficients of the direct effect and indirect effect of green finance on green innovation were significantly positive, which indicated that green finance was conducive to enhancing green innovation in local and adjacent provinces during the research period. (3) Double threshold effects of green finance on green innovation were observed, which demonstrated that the driving effect of green finance was decreased with the raising of intensity of environmental regulation. The implication of these results is that government should make full use of the radiation and trickle-down functions of green finance and green innovation to narrow regional gaps in sustainable development while maintaining a moderate intensity of environmental regulation. Kajian editorial Article from : Journal of Cleaner Production, 2022; Volume 365 Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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