摘要
从金融可得性视角探究金融发展与碳排放之间的关系对中国经济低碳发展具有重要意义。本文利用金融分支机构地理信息,构造县域范围以及企业邻近一定距离范围内金融可得性指标,结合县域二氧化碳排放栅格数据以及中国工业企业污染排放数据,从县域和企业两个角度研究提升金融可得性对碳排放的影响。研究发现,县域金融可得性每提升1%,县域二氧化碳浓度下降4.1%;同时,在工业企业邻近5~15公里范围内,金融可得性每提升1%,企业二氧化碳排放减少4.4%~5.4%。该结论通过了替换核心解释变量、工具变量估计以及考虑其他政策冲击等一系列稳健性检验。异质性分析显示,在中国经济增长较快地区、民营企业以及较大规模企业中,金融可得性的碳减排效应更为突出。机制分析发现,提升县域金融可得性可以促使产业结构升级并增加县域专利发明数量;提升企业金融可得性可以促进企业能源结构清洁化、增加企业绿色专利发明数量以及减少重污染企业生产规模。进一步拓展研究发现,提升金融可得性可以缓解县域间碳排放的横向差异。
The 20th National Congress of the Communist Party of China proposed“Working actively and prudently toward the goals of reaching peak carbon emissions and carbon neutrality”and“A green and low-carbon economy and society are crucial to high-quality development.”As a primary source of greenhouse gases,carbon dioxide emissions account for 72%of total greenhouse gas emissions and have seriously endangered public health and human well-being in China.The theme of Chinese environmental governance has changed from long-term“energy conservation and emission reduction”to“low-carbon”development and has transitioned to the current“carbon peaking and carbon neutrality”era.Reducing carbon emissions is the“masterstroke”for achieving a green transformation of socioeconomic development and coordinating the various components of the new development concept.Although Chinese governments have been working hard to reduce carbon dioxide emissions,reducing carbon emissions not only relies on the power of government regulation but also other factors that have not been fully utilized in emission reduction.Based on this background,we attempt to explore the relationship between financial development and carbon emissions from the perspective of financial availability,which has important practical significance for expanding ways to reduce greenhouse effects and reaching peak carbon emissions and carbon neutrality.The geographic information of financial branches is used to construct the financial availability for both Chinese counties and firms.Combining carbon dioxide emission data and pollution data of Chinese industrial enterprises,we examine the impact of enhancing financial availability on carbon emission reduction from the perspective of counties and firms.The main research findings are as follows.First,improving financial accessibility can significantly reduce carbon emissions.Specifically,for a 1%increase in the availability of county-level finance,carbon dioxide concentration in the county decreases by 4.1%.More
作者
王守坤
范文诚
WANG Shoukun;FAN Wencheng(School of Applied Economics,School of Digital Economics,Jiangxi University of Finance and Economics;School of Economics,Jiangxi University of Finance and Economics)
出处
《数量经济技术经济研究》
CSSCI
CSCD
北大核心
2024年第1期67-89,共23页
Journal of Quantitative & Technological Economics
基金
国家自然科学基金面上项目(71974084)
江西省宣传思想文化领域高层次人才联系服务专题项目(22ZXRC34)
江西省高校人文社会科学研究项目(JJ19105)的资助。
关键词
金融可得性
碳排放
绿色技术创新
结构优化
金融地理结构
Financial Availability
Carbon Emission
Green Technological Progress
Structure Optimization
Structure of Financial Geography
