绿色金融促进了产业结构绿色转型吗?

Does Green Finance Promote the Green Transformation of the Industrial Structure?

基于中国省级面板数据,利用门槛效应模型对绿色金融促进产业结构绿色转型问题进行研究。结果发现:从总体上看,中国绿色金融发展对产业结构绿色转型具有显著促进作用,绿色金融发展水平越高,产业结构对污染排放强度的抑制效应越显著。但从不同区域视角来看,绿色金融的这种促进作用存在显著的区域异质性。其中,在低污染排放区、高污染排放区和低经济发展区,产业结构对污染排放强度的抑制效应存在以绿色金融为门槛变量的门槛效应,高经济发展水平区,这种门槛效应并不存在。为此,中国应以促进产业结构绿色转型为导向,以发展壮大绿色金融市场规模为基础,根据不同区域产业结构绿色转型的多元化融资需求,积极创建各具特色的绿色金融发展模式,最终助力中国产业结构绿色转型目标的顺利实现。

Based on Chinese provincial panel data,the threshold effect model is used to study the issue of green finance to promote the green transformation of the industrial structure.The results found that:on the whole,the development of Chinese green finance has a significant role in promoting the green transformation of the industrial structure.The higher the level of green finance development,the more significant the inhibitory effect of the industrial structure on the intensity of pollution emissions.However,from the perspective of different regions,there is significant regional heterogeneity in the promotion of green finance.Among them,in low pollution emission areas,high pollution emission areas and low economic development areas,the inhibitory effect of industrial structure on pollution emission intensity has a threshold effect with green finance as the threshold variable.In high economic development level areas,this threshold effect does not exist.To this end,China should be guided by promoting the green transformation of the industrial structure,based on the development and expansion of the scale of the green finance market,and in accordance with the diversified financing needs of the green transformation of the industrial structure in different regions,actively create distinctive green finance development models,and ultimately help the smooth realization of the goal of green transformation of Chinese industrial structure.