Education, Science, Technology, Innovation and Life
Open Access
Sign In

Research on the Development of Fintech and Green Economy Efficiency

Download as PDF

DOI: 10.23977/infse.2023.040904 | Downloads: 6 | Views: 294

Author(s)

Xingyu Wei 1

Affiliation(s)

1 Business School, Soochow University, Suzhou, Jiangsu, 215031, China

Corresponding Author

Xingyu Wei

ABSTRACT

Financial technology is profoundly changing China's financial ecology and financial landscape. With the deepening and promotion of mobile Internet technology, as well as the integration of new generation information technologies such as big data with traditional finance, major innovations in the financial system and infrastructure are affecting the efficiency of green economic development. In this economic context, this article explains the impact of the development of financial technology on the efficiency of green economic development based on existing research on economic growth models and green economic development theories. In order to further promote the comprehensive empowerment of financial technology for green economy and improve the efficiency of China's green economy, some rational suggestions are proposed for beneficial exploration.

KEYWORDS

Financial technology; Green economy efficiency; Scientific and technological innovation

CITE THIS PAPER

Xingyu Wei, Research on the Development of Fintech and Green Economy Efficiency. Information Systems and Economics (2023) Vol. 4: 24-30. DOI: http://dx.doi.org/10.23977/infse.2023.040904.

REFERENCES

[1] Puschmann T. Fintech[J]. Business & information systems engineering, 2017, 59(1): 69-76.
[2] Li Guangzi. The convergence of finance and technology: meaning, motivation and risk [J]. International Economic Review, 2020, 147(03): 91-106.
[3] Haddad C., Hornuf L. The emergence of the global fintech market: economic and technological determinants[J]. Small business economics, 2019, 53(1): 81-105.
[4] Arner D. W., Barberis J., Buckley R. The Evolution of Fintech: A New Post-Crisis Paradigm?[J]. SSRN Electronic Journal, 2016, 47(4): 1271-1319.
[5] Xie Fuhui, Shen Yan, Zhang Haoxing, et al. Can digital finance boost entrepreneurship? Evidence from China [J]. Economics Quarterly, 2018, 17(04): 1557-1580.
[6] Li Tao, Xu Xiang, Sun Shuo. Inclusive finance and economic growth [J]. Financial Research, 2016, 430(04): 1-16.
[7] Tang Song, Lai Xiaobing, Huang Rui. How does Fintech innovation affect total factor productivity: Promote or inhibit? -- Theoretical analysis framework and regional practice [J]. China Soft Science, 2019, 343(07): 134-144.
[8] Chen M. A., Wu Q. X., Yang B. Z. How Valuable Is FinTech Innovation?[J]. The Review of Financial Studies, 2019, 32(05): 2062-2106.
[9] Xu Lu, Lu Xiaobin, Yang Guancan. Construction and application of Fintech patent identification and classification method [J]. Library and Information Work, 2020, 64(11): 87-95.
[10] Wang Jinnan, LI Xiaoliang, Ge Chazhong. Current situation and prospect of green economy in China [J]. Environmental Protection, 2009, 415(05): 53-56.
[11] Peng S., Sun X. Research on challenges and strategies for China's green economy development[J]. Chinese Journal of Population Resources and Environment, 2015, 13(2): 127-131.
[12] Ren Yangjun, Wang Chuanxu. An empirical study on the impact of urbanization on regional green economy efficiency in China [J]. Journal of Technical Economics, 2017, 36(12): 72-78+98.
[13] Hu Anjun, Guo Aijun, Zhong Fanglei, et al. Can high-tech industrial agglomeration improve the efficiency of regional green economy? [J]. China Population, Resources and Environment, 2018, 28(09): 93-101.
[14] Xu Ning, Shi Benzhi, Liu Ming. The impact of local government competition on green economy efficiency from the perspective of industrial structure [J]. Journal of Technical Economics, 2019, 38(06): 67-79.
[15] Liu Yaobin, Yuan Huaxi, Wang Zhe. The influence of cultural industry agglomeration on the efficiency of green economy: An empirical analysis based on dynamic panel model [J]. Resources Science, 2017, 39(04): 747-755.
[16] Chen Yang, Tang Xiaohua. The impact of service industry agglomeration on urban green production efficiency [J]. Urban Problems, 2018, 280(11): 49-56+64.
[17] Zhang Zhidong, Qin Shuyue. Spatial effects of environmental regulation and industrial structure adjustment on green development: An empirical study of cities in the Yangtze River Economic Belt [J]. Modern Economic Research, 2018, 443(11): 79-86.
[18] Bingnan Guo, Li Tang. Foreign direct investment, economic agglomeration and urban green economy efficiency in the Yangtze River Economic Belt [J]. Economic Forum, 2020, 595(02): 65-77.
[19] Zeng D. Z., Zhao L. Pollution Havens and Industrial Agglomeration [J]. Journal of Environmental Economics & Management, 2009, 58(2): 141-153.
[20] Wang Yaping, Cheng Yu, Ren Jianlan. The impact of urbanization on green economy efficiency [J]. Urban Problems, 2017, 265(08): 59-66.
[21] Fang Honglin, Yang Siying. Financial technology innovation and urban environmental pollution [J]. Economic Trends, 2021, 726(08): 116-130.
[22] Buera F. J., Kaboski J. P., Shin Y. Finance and Development: A Tale of Two Sectors[J]. The American Economic Review, 2011, 101(5): 1964-2002.
[23] Liu Jing, Zhang Yao. Financial technology, strong environmental regulation and regional industrial green development.] Financial Theory and Practice, 2022, 43(02): 123-131.
[24] Ge Pengfei, Huang Xiulu, Han Xianfeng. Innovation-driven and green Total Factor productivity improvement under the Belt and Road Initiative: An analysis of heterogeneous innovation based on the new economic growth model [J]. Economic Science, 2018, 223(01): 37-51.

Downloads: 7165
Visits: 142984

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.