Publication Type
Working Paper
Version
publishedVersion
Publication Date
1-2023
Abstract
Using panel data of Chinese cities from 2011 to 2019, this paper analyzes the impact of digital finance on low-carbon transition derived from a super-efficiency slacks-based measure data envelopment analysis. We find that digital finance promotes low-carbon transition, and this finding is robust with respect to the choice of sample, potential presence of measurement issue, choice of study period, presence of other policies, and potential endogeneity, among others. This impact is at least in part goes through increased green innovations. We also find evidence for impact heterogeneity across locations and by the level of low-carbon transition.
Keywords
digital finance, low-carbon transition, green innovation, SBM-DEA
Discipline
Econometrics
Research Areas
Econometrics; Applied Microeconomics
First Page
1
Last Page
25
Publisher
Paper No. 03-2023
Citation
GE, Xing and FUJII, Tomoki.
Can digital finance promote low-carbon transition? Evidence from China. (2023). 1-25.
Available at: https://ink.library.smu.edu.sg/soe_research/2665
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.