Does financial structure promote energy conservation and emission reduction? Evidence from China

被引：41

作者：

Wen, Shiyan ^{[1
]}

Lin, Boqiang ^{[2
]}

Zhou, Yicheng ^{[2
]}

机构：

[1] Xiamen Univ, Res Sch Southeast Asian, Sch Int Relat, Xiamen 361005, Fujian, Peoples R China

[2] Xiamen Univ, Collaborat Innovat Ctr Energy Econ & Energy Polic, China Inst Studies Energy Policy, Sch Management, Xiamen 361005, Fujian, Peoples R China

来源：

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2021年 / 76卷

关键词：

Financial structure; Energy conservation; Emission reduction; Influencing channels; China; ECONOMIC-GROWTH; CARBON EMISSIONS; ENVIRONMENTAL DEGRADATION; TECHNOLOGICAL-INNOVATION; INDUSTRIAL-STRUCTURE; INTENSITY; CITY; URBANIZATION; POLLUTION; MODEL;

D O I：

10.1016/j.iref.2021.06.018

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper studies the impact of financial structure on energy conservation and emission reduction by using Chinese provincial data from 2000 to 2017. We find that the market-based financial structure can significantly reduce energy intensity and carbon emission intensity, especially in the Midwest and after the 2008 financial crisis. Meanwhile, technological progress and industrial structure upgrading are important influencing channels. In addition, the marginal impact of financial structure on energy conservation and emission reduction is in the dynamic evolution process. The study suggests that the financial structure is of great significance for energy conservation and emission reduction in China.

引用

页码：755 / 766

页数：12

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