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Title How does digital finance reduce carbon emissions intensity? Evidence from chain mediation effect of production technology innovation and green technology innovation
ID_Doc 30219
Authors Jiang, Y; Zhao, RZ; Qin, GZ
Title How does digital finance reduce carbon emissions intensity? Evidence from chain mediation effect of production technology innovation and green technology innovation
Year 2024
Published Heliyon, 10, 9
DOI 10.1016/j.heliyon.2024.e30155
Abstract The digitalization of finance drives economic development and plays a crucial role in energy conservation and carbon emission reduction. Utilizing carbon emissions data from 2011 to 2020, we find that digital finance development can mitigate carbon emissions intensity (CEI) by approximately 0.14 %. Then, we employ a diverse set of robustness and endogeneity tests to assess the reliability of the empirical findings. Moreover, the study delves into how digital finance impacts CEI through production technology innovation (PTI) and green technology innovation (GTI). The results indicate a positive effect of PTI on CEI. GTI exerts a negative influence on CEI. In addition, there is a chain mediation effect between PTI and GTI in the baseline path. Finally, the impact of digital finance on CEI exhibits apparent regional heterogeneity.
Author Keywords Digital finance; Low carbon development; Production technology innovation; Green technology innovation; Chain mediation effect
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:001235285900001
WoS Category Multidisciplinary Sciences
Research Area Science & Technology - Other Topics
PDF https://doi.org/10.1016/j.heliyon.2024.e30155
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