绿色金融发展促进区域创新了吗?——基于政府支持行为的研究

Has Green Finance Development Promoted Regional Innovation?:Research Based on Government Support Behavior

绿色金融发展为绿色技术创新注入了新鲜血液,是区域创新的强大引擎。基于2007—2021年中国31个省份(因数据缺失,未包括港澳台地区)的面板数据,探究绿色金融发展对区域创新的影响效应以及政府支持对二者关系的调节作用。研究表明,绿色金融发展总体上能够提升区域创新能力,但对原创性较强的知识创造没有显著的促进作用。进一步研究表明,政府支持的异质性方式具有不同的滞后效应,科技支持能够最快产生正向的调节效应,而教育支持与环保支持发挥作用的滞后期较长,但其影响更为持久。

The development of green finance has injected fresh blood into green technology innovation and is a powerful engine of regional innovation.Based on the panel data of 31 provinces(due to the lack of data,the statistical mentioned here don’t include the Hong Kong Special Administrative Region,the Macao Special Administrative Region and Taiwan Province)in China from 2007 to 2021,the influence of green financial development on regional innovation and the moderating effect of government support on the relationship between them were explored.The research shows that the development of green finance can improve the regional innovation ability on the whole,but it does not significantly promote the original knowledge creation.Further research shows that the heterogeneous ways of government support have different lag effects,technological support can produce a positive moderating effect the fastest,while educational support and environmental protection support have a longer lag period,but their effects are more lasting.