Local government debt, digital finance and climate change: Study from the perspective of green innovation

被引：1

作者：

He, Yiqi ^{[1
]}

Hou, Yuxuan ^{[1
]}

Song, Xinyi ^{[2
]}

Chen, Xi ^{[3
]}

机构：

[1] Nanjing Univ Finance & Econ, Sch Accounting, Nanjing 210023, Peoples R China

[2] Nanjing Univ Finance & Econ, Sch Hongshan, Nanjing 210003, Jiangsu, Peoples R China

[3] South China Normal Univ, Int Business Coll, Foshan 528225, Peoples R China

来源：

FINANCE RESEARCH LETTERS | 2025年 / 78卷

关键词：

Local government debt; Climate change; Carbon emission; Digital finance; Green innovation; COMPETITION;

D O I：

10.1016/j.frl.2025.107139

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

In the context of the rapid development of the digital economy, exploring the link between local government debt and climate change is vital. Using data on China's provincial carbon emissions and local debt from 2012 to 2021, this study empirically explored the influence and mechanism between the two. The findings suggest that China must continue minimizing local government debt and mitigating climate change by avoiding the pollution caused by the use of digital finance and increasing the level of green innovation.

引用

页数：7

共 28 条

[1] The impact of economic factors on environmental degradation: price instability, monetary growth and renewable energy investments [J].

Aydin, Asli .

JOURNAL OF ECONOMIC STUDIES, 2025,

[2] Fiscal Pressure, Tax Competition and Environmental Pollution [J].

Bai, Junhong ;

Lu, Jiayu ;

Li, Sijia .

ENVIRONMENTAL & RESOURCE ECONOMICS, 2019, 73 (02) :431-447

[3]

Bernauer T., 2006, States as providers of public goods: how does government size affect environmental quality?, DOI [10.1177/0951692806066242, DOI 10.1177/0951692806066242]

[4] An International Comparison of Capital Structure and Debt Maturity Choices [J].

Fan, Joseph P. H. ;

Titman, Sheridan ;

Twite, Garry .

JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, 2012, 47 (01) :23-56

[5] Does the low-carbon city policy make a difference? Empirical evidence of the pilot scheme in China with DEA and PSM-DID [J].

Fu, Yang ;

He, Chenyang ;

Luo, Ling .

ECOLOGICAL INDICATORS, 2021, 122

[6] The dynamic links between CO2 emissions, economic growth and coal consumption in China and India [J].

Govindaraju, V. G. R. Chandran ;

Tang, Chor Foon .

APPLIED ENERGY, 2013, 104 :310-318

[7]

Guo F., 2020, China Economic Quarterly, V19, P1401, DOI DOI 10.13821/J.CNKI.CEQ.2020.03.12

[8] Corporate governance effects of digital finance: Evidence from corporate tax avoidance in China [J].

Guo, Xingfang ;

Wei, Tao ;

Wang, Aiping ;

Hu, Haifeng .

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2024, 72

[9] Digital finance development and bank liquidity creation [J].

Hao, Jing ;

Peng, Mengzu ;

He, Wenjia .

INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2023, 90

[10] Carbon emission right circulation and corporate green innovation: Evidence from a quasi-natural experiment in China [J].

Huang, Yuting ;

Wen, Wen ;

Bao, Rui .

FINANCE RESEARCH LETTERS, 2024, 69

← 1 2 3 →