Digital finance, government intervention, and carbon emission efficiency in China.
Carbon emission efficiency
Digital finance
Environmental regulation
Government intervention
Government subsidies
Panel Tobit model
Super efficiency slack-based measure
Journal
Environmental science and pollution research international
ISSN: 1614-7499
Titre abrégé: Environ Sci Pollut Res Int
Pays: Germany
ID NLM: 9441769
Informations de publication
Date de publication:
Dec 2023
Dec 2023
Historique:
received:
10
05
2023
accepted:
24
10
2023
medline:
7
12
2023
pubmed:
4
11
2023
entrez:
4
11
2023
Statut:
ppublish
Résumé
In accordance with the "dual carbon" objective, China is required to effectively pursue economic expansion and environmental preservation while concurrently enhancing carbon emission efficiency (CEE). This study examines the influence of digital finance on CEE and evaluates the moderating effect of government intervention. The analysis uses panel data collected from 282 cities in China at the prefecture level and above, spanning the period from 2011 to 2021. The findings indicate the following: (1) CEE in China is relatively low, and there are notable regional disparities. Specifically, there is a discernible downward trend in CEE throughout the eastern, central, and western areas. (2) In general, the implementation of digital finance has the potential to enhance the efficiency of carbon emissions. The observed effect is significant in the eastern and central regions but not in the western region. (3) Government subsidies have the potential to amplify digital finance's impact on CEE in the eastern region. Conversely, in the central and western regions, its influence can be increased by environmental regulations. Based on these findings, this study presents recommendations for advancing digital finance, enhancing the targeting and assessment of government subsidies, refining environmental regulations, and encouraging the adoption of green technologies.
Identifiants
pubmed: 37924401
doi: 10.1007/s11356-023-30730-2
pii: 10.1007/s11356-023-30730-2
doi:
Substances chimiques
Carbon
7440-44-0
Types de publication
Journal Article
Langues
eng
Sous-ensembles de citation
IM
Pagination
119356-119371Subventions
Organisme : National Social Science Fund of China
ID : 19AJY01
Organisme : Humanities and Social Science research project of Chongqing Education Commission
ID : 21SKGH440
Organisme : Chongqing Education Science Planning Project
ID : 2020-DP-27
Organisme : Scientific research project of Chongqing University of Education
ID : KY202319C
Informations de copyright
© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
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