绿色金融政策对企业全要素生产率的影响研究

LZUFE-KMS > 金融学院

作者	朱雄杰
姓名汉语拼音	Zhu Xiongjie
学号	2021000005016
培养单位	兰州财经大学
电话	18993307290
电子邮件	3491653579@qq.com
入学年份	2021-9
学位类别	学术硕士
培养级别	硕士研究生
学科门类	经济学
一级学科名称	应用经济学
学科方向	金融学
学科代码	020204
第一导师姓名	徐立新
第一导师姓名汉语拼音	Xu Lixin
第一导师单位	兰州财经大学
第一导师职称	副教授
题名	绿色金融政策对企业全要素生产率的影响研究
英文题名	Research on the Effect of Green Finance Policies on the Total Factor Productivity of Enterprises
关键词	绿色金融改革创新试验区企业全要素生产率双重差分模型
外文关键词	Green Finance Reform and Innovation Pilot Zone ; Enterpri se Total factor productivity ; Difference-in-differences model
摘要	近年来，在经济社会快速发展的同时，相伴而生的环境问题也愈发凸显，“经济可持续发展”已经成为了全球战略共识。人们对于绿色金融产品和绿色金融市场的需求变得空前旺盛，而绿色金融作为推动经济可持续发展的重要途径，其创新与应用为我国经济的发展注入了新的活力。为了探索适应我国国情的绿色金融政策，自2017年起，我国已在浙江、广东、贵州、江西、甘肃、新疆、重庆等五省八地陆续建立了绿色金融改革创新试验区。到目前为止，我国绿色金融的发展已经走上了正轨，各试验区通过一系列措施，如制定绿色金融标准、健全环境信息披露制度以及强化政策激励约束机制，积极引导资金流向环境友好、可持续发展的项目和行业,鼓励企业开展绿色技术研发和生产流程优化，进一步推动了我国经济的高质量发展。在此背景下，本文将首先深入探讨绿色金融政策对企业全要素生产率的影响机制；接着，以绿色金融改革创新试验区的A 股制造业上市公司为研究对象，运用 LP 法测算企业的全要素生产率，同时构建双重差分模型用来验证绿色金融政策对企业全要素生产率的影响；最后，深入地研究在不同产权性质和经济发展水平下，绿色金融政策对我国企业全要素生产率的影响差异。研究结果表明:（1）企业全要素生产率整体上呈稳步增长的态势。产权性质特征表现为国有企业的全要素生产率远高于非国有企业的全要素生产率；区域分布特征表现为东部地区企业的全要素生产率远高于中、西部地区企业的全要素生产率.（2）实证结果表明，绿色金融政策可显著提升企业的全要素生产率。异质性分析显示，从企业产权性质来看，相对于非国有企业，绿色金融政策对国有企业全要素生产率的促进作用更为显著；从经济发展水平来看，相对于中、西部地区，绿色金融政策对我国东部地区企业全要素生产率的促进作用更为显著。最后，本文从政府、银行和企业三个层面给出了相应的针对性建议。
英文摘要	In recent years, with the rapid economic development, the environmental problems have become more and more serious, and "sustainable economic development" has become a global strategic consensus. People's demand for green financial products and green financial markets has become unprecedented, and green finance, as an important way to promote sustainable economic development, its innovation and application have injected new vitality into China's economic development. In order to explore a green financial policy that adapts to China's national conditions, since 2017, China has successively established green financial reform and innovation pilot zones in Zhejiang, Guangdong, Guizhou, Jiangxi, Gansu, Xinjiang and Chongqing. Up to now, the development of green finance in China has been on the right track. Through a series of measures, such as formulating green financial standards, improving environmental information disclosure system and strengthening policy incentive and restraint mechanism, the pilot areas have actively guided funds to environmentally friendly and sustainable development projects and industries, encouraged enterprises to carry out green technology research and development and production process optimization, and further promoted the high-quality development of China's economy. In light of the above context, this article will first delve into the impact mechanism of green financial policies on the total factor productivity of enterprises; then, taking the A-share manufacturing listed companies in the green financial reform and innovation pilot zone as the research object, the LP method will be used to measure the total factor productivity of enterprises. At the same time, a double difference model will be constructed to verify the impact of green financial policies on the total factor productivity of enterprises; finally, an in-depth study and analysis will be conducted on the impact differences of green financial policies on the total factor productivity of Chinese enterprises under different property rights nature and economic development levels. (1) The total factor productivity of enterprises is increasing. The characteristic of property rights is that the total factor productivity of state-owned enterprises is significantly higher than that of non-state-owned enterprises; the regional distribution shows that the total factor productivity of enterprises in the eastern region is much higher than that in the central and western regions. (2) The empirical results show that green financial policies can significantly increase the total factor productivity of enterprises. Heterogeneity analysis shows that from the perspective of the nature of enterprise property rights, compared with non-state-owned enterprises, the promotion effect of green financial policies on the total factor productivity of state-owned enterprises is more effective; from the perspective of economic development level, compared with the central and western regions, the promotion effect of green financial policies on the total factor productivity of enterprises in the eastern region of China is more significant. Finally, this paper gives corresponding suggestions from the government, banks and enterprises.
学位类型	硕士
答辩日期	2024-05-26
学位授予地点	甘肃省兰州市
语种	中文
论文总页数	70
参考文献总数	81
馆藏号	0005749
保密级别	公开
中图分类号	F83/571
文献类型	学位论文
条目标识符	http://ir.lzufe.edu.cn/handle/39EH0E1M/36619
专题	金融学院
推荐引用方式 GB/T 7714	朱雄杰. 绿色金融政策对企业全要素生产率的影响研究[D]. 甘肃省兰州市. 兰州财经大学,2024.

条目包含的文件		下载所有文件
文件名称/大小	文献类型	版本类型	开放类型	使用许可
学位论文.pdf（3161KB）	学位论文		开放获取	CC BY-NC-SA	浏览下载