Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China

Zhangsheng Liu, Xiaolu Zhang, Liuqingqing Yang and Yinjie Shen
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Zhangsheng Liu: College of City Construction, Jiangxi Normal University, Nanchang 330022, China
Xiaolu Zhang: College of City Construction, Jiangxi Normal University, Nanchang 330022, China
Liuqingqing Yang: Economics School, Zhongnan University of Economics and Law, Wuhan 430073, China
Yinjie Shen: Monte Ahuja College of Business, Cleveland State University, Cleveland, OH 44115, USA

Sustainability, 2021, vol. 13, issue 9, 1-14

Abstract: Using data of 265 Chinese cities from 2010 to 2017, we studied the impact of access to digital financial services on green technology advances in the context of regional competition. We found that access to digital financial services significantly promotes green technology advances within the region but inhibits those in other regions. We also found that modest regional competition can promote green technology advances, whereas excessive competition impairs the positive relationship between access to digital financial services and green technology advances. We identified a significantly positive spatial spillover effect for green technology advances.

Keywords: access to financial services; use of green technology; regional competition (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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