Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

Empirical Analysis of Green Finance Development on Regional Economic Growth

-- a Case Study of Three Provinces and One City in the Yangtze River Delta Region

Authors
Shubei Li1, *, Ningxuan Liu2
1College of Business, Chengdu University of Technology, Chengdu, China
2College of Economics, Sichuan Agricultural University, Sichuan, China
*Corresponding author. Email: lishubei1222@163.com
Corresponding Author
Shubei Li
Available Online 31 December 2022.
DOI
10.2991/978-94-6463-036-7_184How to use a DOI?
Keywords
Green finance; Economics development; Regional economic growth; Robustness test
Abstract

This paper takes the three provinces, and one city in the Yangtze River Delta region as the study target, the inter-provincial panel data of the three provinces and one city in the Yangtze River Delta region from 2011 to 2020 are selected, and actualizes a positive study on how green finance (G-Finance) influences regional economic growth. This study reached the following conclusions: According to the data from 2011 to 2020, the level of G-Finance in this region increases year by year. It has a remarkable positive consequence on the development of the regional economic level. Besides, from the regional grouping regression results, green finance positively promotes the economic development of the three provinces and one city. The effect is the largest in Shanghai and the smallest in Zhejiang Province. Therefore, vigorously developing G-Finance and promoting economic structural transformation can shelter the ecological environment and inject power into the sustainable bloom of the economy.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2022
ISBN
10.2991/978-94-6463-036-7_184
ISSN
2352-5428
DOI
10.2991/978-94-6463-036-7_184How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Shubei Li
AU  - Ningxuan Liu
PY  - 2022
DA  - 2022/12/31
TI  - Empirical Analysis of Green Finance Development on Regional Economic Growth
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 1242
EP  - 1249
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_184
DO  - 10.2991/978-94-6463-036-7_184
ID  - Li2022
ER  -