| Title |
How does digital finance drive the green economic growth? New discoveries of spatial threshold effect and attenuation possibility boundary |
| ID_Doc |
62638 |
| Authors |
Pang, SL; Liu, H; Hua, GH |
| Title |
How does digital finance drive the green economic growth? New discoveries of spatial threshold effect and attenuation possibility boundary |
| Year |
2024 |
| Published |
|
| DOI |
10.1016/j.iref.2023.07.014 |
| Abstract |
A spatial threshold model is constructed to examine the spatial threshold effect and attenuation possibility boundary of digital finance on green economic growth (GEG) under the theoretical framework. Results revealed that: (1) Digital finance has a significant single-threshold effect, with high-level digital finance having a stronger incentive effect on local GEG. (2) Digital finance's negative spillover effect on the surrounding GEG increases with an improvement in the former's level. (3) Digital finance's spatial spillover effect on GEG shows distance attenuation of volatility and an attenuation possibility boundary in both stages. (4) Green investment and enterprise emission fees are mechanisms which digital finance can boost GEG; however, it can suppress GEG by encouraging residential consumption. |
| Author Keywords |
Digital finance; Green economic growth; Spatial threshold effect; Attenuation possibility boundary |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:001057678000001 |
| WoS Category |
Business, Finance; Economics |
| Research Area |
Business & Economics |
| PDF |
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