EconPapers    
Economics at your fingertips  
 

Financial inclusion and green economic efficiency: evidence from China

Li Wang, Yanan Wang, Youxia Sun, Kaiji Han and Yuetong Chen

Journal of Environmental Planning and Management, 2022, vol. 65, issue 2, 240-271

Abstract: Financial inclusion is crucial to a country’s competitiveness while green economy emerges as a policy priority along the sustainable development path, but how will they interact? This study examines the relationship between the two in the context of China, which is on the transition to a green economy based on city level data for 2011–2015. A multidimensional measurement of financial inclusion is established by considering the rapidly developing digital finance, and the measurement of green economic efficiency by applying the MinDW model. Results indicate that the development of financial inclusion can enhance green economic efficiency, which is mainly realized through the strengthening of the credit constraints on high-polluting firms. The findings provide further implications for implementing a financial development policy and maintain a balanced relationship between the government, financial institutions, and firms.

Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/09640568.2021.1881459 (text/html)
Access to full text is restricted to subscribers.

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:taf:jenpmg:v:65:y:2022:i:2:p:240-271

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CJEP20

DOI: 10.1080/09640568.2021.1881459

Access Statistics for this article

Journal of Environmental Planning and Management is currently edited by Dr Neil Powe, Dr Ken Willis and George Bill Page

More articles in Journal of Environmental Planning and Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2022-03-26
Handle: RePEc:taf:jenpmg:v:65:y:2022:i:2:p:240-271