Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China

This paper aimed to accurately assess the driving effect of digital inclusive finance (DIF) on green economic growth, better implement DIF-related policies, and promote the development of green economy. Based on the urban panel data from 2011 to 2018 and the DIF index, this paper investigates the im...

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Autores principales: Guangqin Li, Xubing Fang, Maotao Liu
Formato: article
Lenguaje:EN
Publicado: Frontiers Media S.A. 2021
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Acceso en línea:https://doaj.org/article/07a378b6c312419a969ce2145a90e19d
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spelling oai:doaj.org-article:07a378b6c312419a969ce2145a90e19d2021-11-11T15:53:19ZWill Digital Inclusive Finance Make Economic Development Greener? Evidence From China2296-665X10.3389/fenvs.2021.762231https://doaj.org/article/07a378b6c312419a969ce2145a90e19d2021-11-01T00:00:00Zhttps://www.frontiersin.org/articles/10.3389/fenvs.2021.762231/fullhttps://doaj.org/toc/2296-665XThis paper aimed to accurately assess the driving effect of digital inclusive finance (DIF) on green economic growth, better implement DIF-related policies, and promote the development of green economy. Based on the urban panel data from 2011 to 2018 and the DIF index, this paper investigates the impact of DIF on economic green development and its internal mechanism. The results show that there is a significant positive U-shaped nonlinear relationship between DIF and green development. Through the robustness test of the threshold model, instrumental variable model (IV), and system generalized method of moments (SYS-GMM) model, the results are still valid. The mechanism research shows that the DIF can indirectly promote China’s green development by the coagglomeration degree of producer services and optimize and upgrade industrial structure. This study provides policy implications for developing countries around the world to achieve green development by promoting the DIF level.Guangqin LiXubing FangMaotao LiuFrontiers Media S.A.articledigital inclusive financeeconomic green developmentChinainternal mechanismupgrading of industrial structureEnvironmental sciencesGE1-350ENFrontiers in Environmental Science, Vol 9 (2021)
institution DOAJ
collection DOAJ
language EN
topic digital inclusive finance
economic green development
China
internal mechanism
upgrading of industrial structure
Environmental sciences
GE1-350
spellingShingle digital inclusive finance
economic green development
China
internal mechanism
upgrading of industrial structure
Environmental sciences
GE1-350
Guangqin Li
Xubing Fang
Maotao Liu
Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China
description This paper aimed to accurately assess the driving effect of digital inclusive finance (DIF) on green economic growth, better implement DIF-related policies, and promote the development of green economy. Based on the urban panel data from 2011 to 2018 and the DIF index, this paper investigates the impact of DIF on economic green development and its internal mechanism. The results show that there is a significant positive U-shaped nonlinear relationship between DIF and green development. Through the robustness test of the threshold model, instrumental variable model (IV), and system generalized method of moments (SYS-GMM) model, the results are still valid. The mechanism research shows that the DIF can indirectly promote China’s green development by the coagglomeration degree of producer services and optimize and upgrade industrial structure. This study provides policy implications for developing countries around the world to achieve green development by promoting the DIF level.
format article
author Guangqin Li
Xubing Fang
Maotao Liu
author_facet Guangqin Li
Xubing Fang
Maotao Liu
author_sort Guangqin Li
title Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China
title_short Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China
title_full Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China
title_fullStr Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China
title_full_unstemmed Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China
title_sort will digital inclusive finance make economic development greener? evidence from china
publisher Frontiers Media S.A.
publishDate 2021
url https://doaj.org/article/07a378b6c312419a969ce2145a90e19d
work_keys_str_mv AT guangqinli willdigitalinclusivefinancemakeeconomicdevelopmentgreenerevidencefromchina
AT xubingfang willdigitalinclusivefinancemakeeconomicdevelopmentgreenerevidencefromchina
AT maotaoliu willdigitalinclusivefinancemakeeconomicdevelopmentgreenerevidencefromchina
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