Based on the analytical framework including STIRPAT model, regulatory mechanism effect and spatial econometric model, and using the panel data of 65 cities above prefecture level in eastern China from 2011 to 2019, this paper explores the multiple transmission paths of digital finance to promote the green and low-carbon transformation of urban economy, and examines the effects of digital financial coverage breadth, depth and digitization on green economy transformation and spatial spillover effects. The results show that digital finance not only directly promotes urban green total factor production, but also indirectly supports green total factor productivity by correcting capital misallocation, strengthening the level of green innovation and promoting the upgrading of industrial structure based on scale effect, technological effect and structural effect. Digital finance promotes the low-carbon development of the local economy through its breadth, depth and digitization, and there are significant spatial spillover effects. The research results provide decision-making help for the development of digital finance to promote the high-quality development of China’s economy and the realization of the goal of “double carbon”.
ZHU Yue
,
ZHANG Jun-tao
. The Impact of digital financedevelopment on green and low-carbon transformation of urban economy[J]. Urban Problems, 2022
, 327(10)
: 64
-71
.
DOI: 10.13239/j.bjsshkxy.cswt.221007
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