| Title |
Towards a low-carbon economy: how does green credit affect carbon productivity? |
| ID_Doc |
31540 |
| Authors |
Lin, T; Zhang, L; Xia, D; Zhou, DQ; Li, JL |
| Title |
Towards a low-carbon economy: how does green credit affect carbon productivity? |
| Year |
2023 |
| Published |
|
| DOI |
10.1080/09640568.2023.2245967 |
| Abstract |
As a financial instrument and a crucial component of the environmental governance system, the comprehensive impacts of green credit on both the economy and the environment remain unclear. This study examines Chinese provincial data from 2001 to 2018 and employs multiple models to assess the dynamic effects of green credit on carbon productivity. The findings indicate a significant positive influence of green credit on carbon productivity within local and surrounding areas. Furthermore, the promotion effect of green credit on carbon productivity is mainly through energy structure transformation, upgrading of industrial structure and green technology innovation. Interestingly, when considering the spatiotemporal aspect, we observe an initial marginal negative impact of green credit on carbon productivity, which subsequently transitions to a positive effect. The regions demonstrating the highest positive impacts of green credit are primarily concentrated in the southwestern region rich in renewable energy and the economically developed eastern coastal region. |
| Author Keywords |
green credit; carbon productivity; spatial spillover effect; impact mechanism; spatiotemporal heterogeneity |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:001077895400001 |
| WoS Category |
Development Studies; Regional & Urban Planning |
| Research Area |
Development Studies; Public Administration |
| PDF |
https://figshare.com/articles/journal_contribution/Towards_a_low-carbon_economy_how_does_green_credit_affect_carbon_productivity_/23998144
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