| Title | Green digital finance and technology diffusion |
|---|---|
| ID_Doc | 35563 |
| Authors | Tan, XJ; Cheng, S; Liu, YS |
| Title | Green digital finance and technology diffusion |
| Year | 2024 |
| Published | Humanities & Social Sciences Communications, 11, 1 |
| Abstract | Technology diffusion is essential for sustainable development. However, traditional financing faces structural problems in supporting technological innovation and diffusion. Fortunately, greening and digitalisation have become important directions for the financial development. It's well worth examining whether green digital finance would promote the diffusion of technology among regions. Therefore, this study explores the causal relationship between green digital finance and technology diffusion using the panel data of 35,532 'citing city-cited city' pair observations from 2002 to 2015. Considering different spatial spillover effects of administrative boundaries and geographic distances, it applies and extends the classic spatial Dubin model with a dual-weighted boundary and distance. The main findings of this study are as follows. First, green digital finance shows significant and considerable spatial stimulus effects, particularly in terms of spatial diffusion across cities. A slight cumulative phenomenon is revealed for different technology diffusion durations. Green digital credit, investment, and support have better stimulating effects on technology diffusion. Second, digital economy and market integration are effective mechanism pathways during this stimulating process of green digital finance on technology diffusion. Digitalisation innovation has a better mechanism effect than others. Third, considering the direction of technology diffusion, the diffusion effect from the east-region cities was better than that from the central-west-region cities. |
Similar Articles
| ID | Score | Article |
|---|---|---|
62071
|
Zhuang, RL; Mi, KN; Zhi, ML; Zhang, CY Digital Finance and Green Development: Characteristics, Mechanisms, and Empirical Evidences(2022)International Journal Of Environmental Research And Public Health, 19, 24 | |
| 30272
|
Zheng, Y; Wang, HM; Wang, SY Neighbourhood or beggar-thy-neighbour: the spatial effect of regional green credit development on green technology innovation(2023) | |
| 62191
|
Zhang, ZQY; Mao, RX; Zhou, ZB; Zeng, ZJ How does digital finance affect green innovation? City-level evidence from China(2023) | |
| 30535
|
Xie, QC; Wang, D; Bai, QW Cooperation or "competition": Digital finance enables green technology innovation-a new assessment from dynamic spatial spillover perspectives(2024) | |
| 62536
|
Chen, JY; Zhu, DD; Ren, XH; Luo, WJ Does digital finance promote the "quantity" and "quality" of green innovation? A dynamic spatial Durbin econometric analysis(2023)Environmental Science And Pollution Research, 30, 28 | |
| 32458
|
Yu, Y; Zhang, Q; Song, F Non-Linear Impacts and Spatial Spillover of Digital Finance on Green Total Factor Productivity: An Empirical Study of Smart Cities in China(2023)Sustainability, 15, 12 | |
| 31020
|
Li, B; Liu, ZY; Jia, XM; Ma, FP Digital finance, financing constraints, and green technological innovation: A spatial analysis(2024) | |
| 35607
|
Meng, FS; Zhang, WY Digital finance and regional green innovation: evidence from Chinese cities(2022)Environmental Science And Pollution Research, 29, 59 | |
| 35075
|
Sun, HY; Luo, YP; Liu, J; Lin, Z; Bhuiyan, MA Does the Digital Finance Promote Technological Innovation? Evidence From Chinese Cities(2024) | |
| 30367
|
Dian, J; Song, T; Li, SL Facilitating or inhibiting? Spatial effects of the digital economy affecting urban green technology innovation(2024) |