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Evolution of spatial–temporal characteristics and financial development as an influencing factor of green ecology

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TLDR
In this article, the impact of financial development on green ecology to promote cleaner production has been investigated and the authors stress that enterprises should strengthen the technological innovation for the improvement of resource use efficiency and reduction of pollution.
Abstract
This study aims to determine the impact of financial development on green ecology to promote cleaner production. Particularly, it estimates the evolution of characteristics of the green-ecology of 37 cities from the Yangtze River Delta and determines the impact of financial development on green-ecology using the projection pursuit model, Moran’s Index, and regression model. Results found that the green-ecology index showed an upward trend and the index in the East was higher than the West. The green ecology and its composition indexes were found with significant spatial positive agglomeration characteristics. The Eastern region was mainly distributed as high to high agglomeration while the Western region was distributed as low to low agglomeration. Regarding composition indexes of green ecology, financial development has promoted a positive effect on the green-growth and resource-environment indexes. The study results stress that the enterprises should strengthen the technological innovation for the improvement of resource use efficiency and reduction of pollution.

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Do Green Finance and Environmental Regulation Play a Crucial Role in the Reduction of CO2 Emissions? An Empirical Analysis of 126 Chinese Cities

TL;DR: Li et al. as discussed by the authors used a dynamic panel data model to empirically determine the CO2 emission reduction effects of different green finance instruments under different environmental regulatory intensities, and found that green finance tools had significant negative effects on the intensity of CO2 emissions.
Journal ArticleDOI

Asymmetric influence of digital finance, and renewable energy technology innovations on green growth in China

TL;DR: In this article , the influence of digital finance and renewable energy technology innovation (RETI) on green growth using Chinese regional data from 2007 to 2019 was examined, and the results of MMQR reveal that digital finance stimulates green growth at middle to higher quantiles (4th to 6th), and central and eastern regions fall within these quantiles.
Journal ArticleDOI

Financial Development, Trade Openness, and Foreign Direct Investment: A Battle Between the Measures of Environmental Sustainability

TL;DR: In this article , the role of financial development, trade openness, and foreign direct investment (FDI) in promoting environmental sustainability by using adjusted net savings as a measure of environmental sustainability was investigated.
Journal ArticleDOI

Effect of High-Tech Manufacturing Co-Agglomeration and Producer Service Industry on Regional Innovation Efficiency

TL;DR: In this article , the effect of co-agglomeration between the producer service industry and the high-tech manufacturing industry on regional innovation efficiency was discussed, and the authors provided an important idea for improving innovation efficiency by optimizing industrial spatial layout.
Journal ArticleDOI

A nexus of social capital-based financing and farmers' scale operation, and its environmental impact

TL;DR: Zhang et al. as mentioned in this paper constructed a theoretical model of social capital, farm household financing, and scale operation and their environmental effects, and conducted an empirical test based on data from China Family Panel Studies (CFPS) which was conducted in 2018 using causal mediation analysis.
References
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Journal ArticleDOI

The Role of Social Capital in Financial Development

TL;DR: In this article, the authors identify the effect of social capital on financial development by exploiting social capital differences within Italy and find that households are more likely to use checks, invest less in cash and more in stock, have higher access to institutional credit, and make less use of informal credit.
Journal ArticleDOI

Does higher economic and financial development lead to environmental degradation: Evidence from BRIC countries

TL;DR: In this paper, the authors investigate the linkage between economic development and environmental quality in BRIC economies and find that both economic and financial development are determinants of the environmental quality and environmental degradation.
Journal ArticleDOI

The impact of financial development on energy consumption in emerging economies

TL;DR: In this article, the impact of financial development on energy consumption in a sample of emerging countries was examined using a generalized method of moments estimation technique, and the empirical results showed a positive and statistically significant relationship between financial development and energy consumption when financial development is measured using stock market variables like stock market capitalization to GDP, stock market value traded to GDP and stock market turnover.
Journal ArticleDOI

Do economic, financial and institutional developments matter for environmental degradation? Evidence from transitional economies

TL;DR: In this paper, the authors investigated the relationship between environmental degradation and economic growth and found that financial liberalization may be harmful for environmental quality if it is not accomplished in a strong institutional framework.
Book

Local and Regional Development

TL;DR: This book addresses the fundamental issues of what kind of local and regional development and for whom and frameworks of understanding, and instruments and policies should be pursued.
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