绿色金融对生态产品价值实现的影响机制——基于中介效应模型的实证研究

The Influence Mechanism of Green Finance on the Realization of Ecological Product Value——Empirical Research Based on Mediating Effect Model

建立健全生态产品价值实现机制,是贯彻落实生态文明思想的重要举措,是践行“绿水青山就是金山银山”理念的关键路径。论文以绿色金融为出发点,构建2011-2020年全国30个省级面板数据,试从政府和市场两个角度厘清其对生态产品价值实现的影响机制,并通过中介效应模型对影响机制进行实证分析。研究结果表明,绿色金融发展有助于生态产品价值实现,并通过政府影响机制和市场影响机制两个渠道作用于生态产品价值实现。异质性分析表明,绿色金融对生态产品价值实现的影响程度呈现出东部最大、西部最小的格局,且东部地区的影响程度远大于中西部地区。

Establishing and improving the value realization mechanism of ecological products is an important measure to implement Xi Jinping’s thought on ecological civilization,and it is a key path to practice the concept that lucid waters and lush mountains are invaluable assets.This paper constructs 30 provincial-level panel data in China from 2011 to 2020 and tries to clarify its influence mechanism on the realization of ecological product value taking green finance as the starting point from the perspectives of the government and the market,and conduct an empirical analysis of the impact mechanism through the mediating effect model.The results show that the development of green finance contributes to the realization of ecological product value,and acts on the realization of ecological product value through two channels:government influence mechanism and market influence mechanism.Heterogeneity analysis shows that the impact of green finance on realization of ecological product value is the largest in the east and the smallest in the west,and the impact of green finance in the east is much greater than that in the central and western regions.