Can green bonds reduce the carbon emissions of cities in China?
Xinkuo Xu and
Jingsi Li
Economics Letters, 2023, vol. 226, issue C
Abstract:
This paper verifies green bonds’ negative effect on city carbon emissions with the data of 355 cities in China from 2016 to 2020. This inhibitory effect acts through green innovation and environmental regulation and is more pronounced for economy-developed cities.
Keywords: Green bonds; Carbon emissions; Green innovation; Environmental regulation (search for similar items in EconPapers)
JEL-codes: G18 G30 O30 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:226:y:2023:i:c:s0165176523001246
DOI: 10.1016/j.econlet.2023.111099
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