| Title |
How does environmental regulation influence green technological innovation? Moderating effect of green finance |
| ID_Doc |
32206 |
| Authors |
Yin, XM; Chen, DD; Ji, JY |
| Title |
How does environmental regulation influence green technological innovation? Moderating effect of green finance |
| Year |
2023 |
| Published |
|
| DOI |
10.1016/j.jenvman.2023.118112 |
| Abstract |
The main factor behind green economic development is green technology innovation (GTI). Environmental regulation and green finance (GF), as important ways to promote ecological civilization construction, run through the entire procedure of GTI. The purpose of this study is to investigate the influence of heterogeneous environmental regulation on GTI and the moderating effect of GF on GTI from both theoretical and empirical perspectives, to provide useful ideas for China's economic reform path selection and environmental governance system optimization. This paper uses information from 30 provinces between 2002 and 2019, and a bidirectional fixed model was constructed. The results show that: First, regulatory environmental regulation (ER1), legal environmental regulation (ER2), and economic environmental regulation (ER3) all have greatly boosted the degree of GTI in each province. Second, GF acts as a highly effective moderator between heterogeneous envi-ronmental regulation and GTI. Finally, this article investigates how GF can act as a moderator in various cir-cumstances. The beneficial moderating effect of it is found to be more pronounced in inland areas, areas with weak spending on research and development, and areas with high energy consumption. These research results provide valuable references for accelerating the green development process in China. |
| Author Keywords |
Green technology innovation; Heterogeneous environmental regulation; Green finance; Cleaner production; Sustainable development |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED) |
| EID |
WOS:001002093800001 |
| WoS Category |
Environmental Sciences |
| Research Area |
Environmental Sciences & Ecology |
| PDF |
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