Empirical Analysis of Green Finance Development on Regional Economic Growth

Shubei Li () and Ningxuan Liu ()
Additional contact information
Shubei Li: Chengdu University of Technology, College of Business
Ningxuan Liu: Sichuan Agricultural University, College of Economics

A chapter in Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), 2022, pp 1242-1249 from Springer

Abstract: Abstract This paper takes the three provinces, and one city in the Yangtze River Delta region as the study target, the inter-provincial panel data of the three provinces and one city in the Yangtze River Delta region from 2011 to 2020 are selected, and actualizes a positive study on how green finance (G-Finance) influences regional economic growth. This study reached the following conclusions: According to the data from 2011 to 2020, the level of G-Finance in this region increases year by year. It has a remarkable positive consequence on the development of the regional economic level. Besides, from the regional grouping regression results, green finance positively promotes the economic development of the three provinces and one city. The effect is the largest in Shanghai and the smallest in Zhejiang Province. Therefore, vigorously developing G-Finance and promoting economic structural transformation can shelter the ecological environment and inject power into the sustainable bloom of the economy.

Keywords: Green finance; Economics development; Regional economic growth; Robustness test (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:advbcp:978-94-6463-036-7_184

Ordering information: This item can be ordered from
http://www.springer.com/9789464630367

DOI: 10.2991/978-94-6463-036-7_184

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().