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Research on the Impact of Green Finance Development on Green Technology Innovation: Take Green Credit, Green Investment and Green Bonds as Examples

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DOI: 10.23977/acccm.2023.050603 | Downloads: 17 | Views: 402

Author(s)

Jiajia Gu 1

Affiliation(s)

1 School of Finance, Anhui University of Finance and Economics, Bengbu, 233030, China

Corresponding Author

Jiajia Gu

ABSTRACT

Under the background of the new normal of economy, China's green finance (GF) has entered the fast lane, as well as the scale of green technology innovation (GTI) continues to grow, which has become a new engine to ecological civilization and structural reform on the industrial supply side. Further study on the relevance between GF development and GTI is a significant basis for achieving the strategic goal of comprehensive green transformation in economic society. Based on the theoretical explanation of the effect mechanism of green finance development on GTU, this essay employs the panel data of 30 provincial administrative regions in China from 2010 to 2020 to construct a nonlinear model to analyze whether GF development has a significant effect upon GTI by combining qualitative and quantitative analysis methods. Finally, it synthesizes the theoretical and empirical analysis results and looking forward to put feasible policy recommendations.

KEYWORDS

Green finance, green technological innovation, green credit, green investment, green bond

CITE THIS PAPER

Jiajia Gu, Research on the Impact of Green Finance Development on Green Technology Innovation: Take Green Credit, Green Investment and Green Bonds as Examples. Accounting and Corporate Management (2023) Vol. 5:22-26. DOI: http://dx.doi.org/10.23977/acccm.2023.050603.

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