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Digital finance and renewable energy consumption:evidence from China

作     者:Minli Yu Fu-Sheng Tsai Hui Jin Hejie Zhang 

作者机构:College of EconomicsZhejiang University of TechnologyHangzhou 310032China College of Economics and Man-agementChangzhou Institute of TechnologyChangzhou 213032China North China University of Water Resources and Electric PowerZhengzhouChina Department of Business AdministrationCheng Shiu University(CSU)No.840Chengcing Rd.Niaosong DistrictKaohsiungTaiwan Center for Environmental Toxin and Emerging-Contaminant ResearchCSUKaohsiungTaiwan Super Micro Mass Research and Technology CenterCSUKaohsiungTaiwan School of Economics and ManagementZhejiang Sci-Tech UniversityHangzhouChina 

出 版 物:《Financial Innovation》 (金融创新(英文))

年 卷 期:2022年第8卷第1期

页      面:1384-1402页

核心收录:

学科分类:0202[经济学-应用经济学] 02[经济学] 1202[管理学-工商管理] 020205[经济学-产业经济学] 0701[理学-数学] 

基  金:Research of Universities in Jiangsu Province(2021SJA1269) the Major Program Project of the National Social Science Fund of China(No:19ZDA055) Zhejiang Provincial Natural Science Foundation of China(Q22G037055) Major projects of Humanities and Social Sciences in Zhejiang Province(21096054-F) Zhejiang Sci-Tech University Scientific Research Fund(No:21092117-Y) 

主  题:Digital finance Renewable energy consumption Developing economy Two-way fixed effects model 

摘      要:While digital finance and renewable energy consumption(REC)are two timely issues,it remains unclear whether the former affects the latter,especially in developing *** paper examines the impact of digital finance on China’s REC between 2011 and 2018 and explores the underlying *** show that digital finance,along with its coverage breadth and usage depth,significantly improved REC in China and that digital finance in the area of credit has had the most significant ***,the results show that loan scale and income level are the main mediation variables,through which digital finance affects *** findings also suggest that economic growth and technological progress have increased REC in China,while carbon dioxide emissions have had no meaningful effect on this *** results further indicate that policymakers must pay close attention to the role of digital finance when formulating policies on *** promote REC and environmental sustainability,developing economies like China should strengthen the breadth and depth of digital finance development,focus on the influence channels of digital finance,and promote economic growth and technological progress.

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