Yang Ao, Huan Xingang, Teo Brian Sheng Xian, Li Wenqi
School of Economics and Trade, Henan University of Technology, Zhengzhou, 450001, China.
Graduate School of Management, Management and Science University, 40100, Shah Alam, Selangor, Malaysia.
Environ Sci Pollut Res Int. 2023 Apr;30(16):45951-45965. doi: 10.1007/s11356-023-25484-w. Epub 2023 Jan 30.
Green finance can promote economic transformation and technological innovation and play a key role in solving the ecological environment and energy crisis. This paper constructs a comprehensive ecological livable environment evaluation system based on the provincial panel data in China from 2011 to 2019. At the same time, the panel mediation effect and spatial econometric model are used to test the impact of green finance on the ecological and livable environment. The main research conclusions include the following: (1) green finance has significantly improved China's ecological and livable environment; (2) green finance improves the ecological and livable environment by improving the level of technological innovation; (3) the impact of green finance on the ecological livable environment has regional heterogeneity, and green finance in the central provinces has a better effect on the improvement of the ecological livable environment; and (4) the ecological livable environment among Chinese provinces has a significant positive spatial correlation. Among them, green finance has significantly improved the local ecological livable environment but reduced the ecological livable environment of surrounding provinces. Based on the above conclusions, this paper suggests that the government should pay more attention to green finance and technological innovation and coordinate the development of the ecological livable environment among provinces. The research results provide empirical evidence for better developing green finance and improving the ecological livable environment and also provide certain theoretical guidance for China's coordinated regional development and high-quality economic development.
绿色金融可以促进经济转型和技术创新，并在解决生态环境和能源危机方面发挥关键作用。本文基于2011年至2019年中国省级面板数据构建了一个综合生态宜居环境评价体系。同时，运用面板中介效应和空间计量模型来检验绿色金融对生态宜居环境的影响。主要研究结论如下：（1）绿色金融显著改善了中国的生态宜居环境；（2）绿色金融通过提高技术创新水平来改善生态宜居环境；（3）绿色金融对生态宜居环境的影响具有区域异质性，中部省份的绿色金融对改善生态宜居环境的效果更好；（4）中国各省之间的生态宜居环境存在显著的正空间相关性。其中，绿色金融显著改善了当地的生态宜居环境，但降低了周边省份的生态宜居环境。基于上述结论，本文建议政府应更加重视绿色金融和技术创新，并协调各省生态宜居环境的发展。研究结果为更好地发展绿色金融和改善生态宜居环境提供了实证依据，也为中国的区域协调发展和高质量经济发展提供了一定的理论指导。
