{"title":"数字金融与城市群政策对碳减排的协同影响","authors":"Ruizeng Zhao , Jiasen Sun , Xinyue Wang","doi":"10.1016/j.iref.2024.103685","DOIUrl":null,"url":null,"abstract":"<div><div>This study employs a sample of 283 Chinese cities in 2005–2021 to investigate how digital finance (DIF) promotes low-carbon development from an urban agglomeration (UA) perspective. The moderated mediation and multiperiod difference-in-differences models are utilized to explore DIF's potential carbon emission reduction paths and the moderation mechanism of UA policies. This research yields some valuable and robust conclusions. First, DIF and UA policies promote carbon emission reduction with noticeable regional variations. Second, green technology innovation (GTI) and industrial structure upgrading (ISU) play a crucial negative mediating role in the impact of DIF on carbon intensity. Third, UA policies have further enhanced the carbon emission reduction capabilities of DIF, GTI, and ISU. Fourth, UA policies enhance their role when DIF positively fosters GTI but does not exhibit a moderating effect when DIF positively facilitates ISU.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"96 ","pages":"Article 103685"},"PeriodicalIF":4.8000,"publicationDate":"2024-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Synergistic impact of digital finance and urban agglomeration policy on carbon emission reduction\",\"authors\":\"Ruizeng Zhao , Jiasen Sun , Xinyue Wang\",\"doi\":\"10.1016/j.iref.2024.103685\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study employs a sample of 283 Chinese cities in 2005–2021 to investigate how digital finance (DIF) promotes low-carbon development from an urban agglomeration (UA) perspective. The moderated mediation and multiperiod difference-in-differences models are utilized to explore DIF's potential carbon emission reduction paths and the moderation mechanism of UA policies. This research yields some valuable and robust conclusions. First, DIF and UA policies promote carbon emission reduction with noticeable regional variations. Second, green technology innovation (GTI) and industrial structure upgrading (ISU) play a crucial negative mediating role in the impact of DIF on carbon intensity. Third, UA policies have further enhanced the carbon emission reduction capabilities of DIF, GTI, and ISU. Fourth, UA policies enhance their role when DIF positively fosters GTI but does not exhibit a moderating effect when DIF positively facilitates ISU.</div></div>\",\"PeriodicalId\":14444,\"journal\":{\"name\":\"International Review of Economics & Finance\",\"volume\":\"96 \",\"pages\":\"Article 103685\"},\"PeriodicalIF\":4.8000,\"publicationDate\":\"2024-10-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Review of Economics & Finance\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1059056024006774\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Economics & Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1059056024006774","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Synergistic impact of digital finance and urban agglomeration policy on carbon emission reduction
This study employs a sample of 283 Chinese cities in 2005–2021 to investigate how digital finance (DIF) promotes low-carbon development from an urban agglomeration (UA) perspective. The moderated mediation and multiperiod difference-in-differences models are utilized to explore DIF's potential carbon emission reduction paths and the moderation mechanism of UA policies. This research yields some valuable and robust conclusions. First, DIF and UA policies promote carbon emission reduction with noticeable regional variations. Second, green technology innovation (GTI) and industrial structure upgrading (ISU) play a crucial negative mediating role in the impact of DIF on carbon intensity. Third, UA policies have further enhanced the carbon emission reduction capabilities of DIF, GTI, and ISU. Fourth, UA policies enhance their role when DIF positively fosters GTI but does not exhibit a moderating effect when DIF positively facilitates ISU.
期刊介绍：
The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
