气候变化领域集成服务门户(CCPortal): Can green finance development promote total-factor energy efficiency? Empirical evidence from China based on a spatial Durbin model

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DOI	10.1016/j.enpol.2023.113523
	Can green finance development promote total-factor energy efficiency? Empirical evidence from China based on a spatial Durbin model
	Guo, Qiu-tong; Dong, Yong; Feng, Biao; Zhang, Hao
发表日期	2023
ISSN	0301-4215
EISSN	1873-6777
卷号	177 页码:11
英文摘要	The relationship between green finance and energy efficiency is of great significance for China to solve the environmental pollution problems caused by excessive energy consumption and high carbon emissions. In this paper, the method of non-radial distance function (NDDF-DEA) is adopted to estimate the energy efficiency for 30 provinces in China. In addition, the spatial Durbin model is established based on provincial panel data from 2005 to 2019 in China to investigate the mechanisms for the impact of green finance on energy efficiency. Results show that with the characteristic of spatial dependence, the energy efficiency in China decreases with time. The green finance has spatial spillover effects, and can improve energy efficiencies in local and neighboring areas. In addition, Internet development and environmental regulation are important channels for green finance to further promote energy efficiency. Conclusions also indicate that the spatial spillover effect is positive in the eastern and western regions and negative in the central regions, proving the regional heterogeneity of spatial spillover effect for green finance. The empirical evidence and policy recommendations are provided in this paper to more rationally enhance the promotion impact of green finance on energy efficiency.
英文关键词	Green finance; Total -factor energy efficiency; Non-radial distance function; Spatial Durbin model; Spatial spillover effects
学科领域	Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种	英语
WOS研究方向	Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号	WOS:000951600700001
来源期刊	ENERGY POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/272400
作者单位	Dezhou University; Shandong University; POWERCHINA Huadong Engineering Corporation Limited; Shandong University
推荐引用方式 GB/T 7714	Guo, Qiu-tong,Dong, Yong,Feng, Biao,et al. Can green finance development promote total-factor energy efficiency? Empirical evidence from China based on a spatial Durbin model[J],2023,177:11.
APA	Guo, Qiu-tong,Dong, Yong,Feng, Biao,&Zhang, Hao.(2023).Can green finance development promote total-factor energy efficiency? Empirical evidence from China based on a spatial Durbin model.ENERGY POLICY,177,11.
MLA	Guo, Qiu-tong,et al."Can green finance development promote total-factor energy efficiency? Empirical evidence from China based on a spatial Durbin model".ENERGY POLICY 177(2023):11.