Has Green Credit Improved Ecosystem Governance Performance? A Study Based on Panel Data from 31 Provinces in China

Yiting Zhou () and Ruyin Long
Additional contact information
Yiting Zhou: Business School, Soochow University, Suzhou 215021, China
Ruyin Long: School of Business, Jiangnan University, Wuxi 214122, China

Sustainability, 2023, vol. 15, issue 14, 1-13

Abstract: Pollution prevention enhancement and ecological civilization construction serve as the keys to optimizing economic structure and promoting green sustainable development in China. Employing the balanced panel data of 31 provinces from 2011 to 2020, this study empirically examines the impacts of green credit on ecosystem governance performance. The results demonstrate that green credit can significantly contribute to the improvement of ecosystem governance performance in each province. Additionally, regional heterogeneity in the impacts of green credit on the performance of ecological environmental governance, which passed the significance test in economically developed and underdeveloped regions, eastern and non-eastern regions and resource-based and non-resource-based regions, respectively, was further confirmed. Hence, we suggest further improving the green credit policy system, continuously stimulating green financial innovation, releasing the right signals for green development and boosting the balanced development of green credit in all regions.

Keywords: green credit; ecosystem governance performance; carbon emissions (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/14/11008/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/14/11008/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:14:p:11008-:d:1193518

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().