气候变化领域集成服务门户(CCPortal): Blockchain market and green finance: The enablers of carbon neutrality in China

CCPortal

DOI	10.1016/j.eneco.2022.106501
	Blockchain market and green finance: The enablers of carbon neutrality in China
	Qin, Meng; Zhang, Xiaojing; Li, Yameng; Badarcea, Roxana Maria
发表日期	2023
ISSN	0140-9883
EISSN	1873-6181
卷号	118
英文摘要	This investigation explores whether the blockchain market and green finance are enablers of carbon neutrality in China. We employ the time-varying parameter-stochastic volatility-vector auto-regression model to acquire the dynamic interactions among blockchain market (BCM), green finance (GF) and carbon neutrality process (CNP). The empirical results underline that there are long-term positive and negative effects of BCM on CNP. The positive effect indicates that the blockchain market development brings a lasting stimulus to carbon neutrality in China, but the adverse influence can not prove this idea. Moreover, green finance development can persistently promote carbon neutrality, which is more continuous and stable but less rapid and influential than blockchain market. Beyond these direct effects, GF could positively and chronically influence BCM, which is greater and more stable than BCM on GF, and both indirectly impact CNP. In the context of the severe challenges climate change poses, these conclusions provide valuable implications for China to achieve its carbon neutrality target by vigorously developing the blockchain market and green finance.
英文关键词	Blockchain market; Green finance; Carbon neutrality; China; Time-varying
语种	英语
WOS研究方向	Economics
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000978049000001
来源期刊	ENERGY ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/281398
作者单位	Qingdao University; Qingdao University; University of Newcastle; University of Craiova; Qingdao University
推荐引用方式 GB/T 7714	Qin, Meng,Zhang, Xiaojing,Li, Yameng,et al. Blockchain market and green finance: The enablers of carbon neutrality in China[J],2023,118.
APA	Qin, Meng,Zhang, Xiaojing,Li, Yameng,&Badarcea, Roxana Maria.(2023).Blockchain market and green finance: The enablers of carbon neutrality in China.ENERGY ECONOMICS,118.
MLA	Qin, Meng,et al."Blockchain market and green finance: The enablers of carbon neutrality in China".ENERGY ECONOMICS 118(2023).