Green credit is a crucial tool in green finance and plays a significant role in the high-quality development of the manufacturing industry.This paper uses panel data from various provinces(municipalities)in China from 2010 to 2021 to empirically test the impact of green credit on the high-quality development of manufacturing industry.The study employs OLS regression models,double fixed effects models,threshold effect models,and heterogeneity methods for analysis.The findings reveal that green credit has a significant promoting effect on the high-quality development of the manufacturing industry.There is a threshold effect in the impact of green credit on the high-quality development of manufacturing,involving green technological innovation and marketization levels.This indicates a nonlinear spillover effect,as the levels of green technological innovation and marketization improve,the promoting effect of green credit on the high-quality development of manufacturing shows a marginally increasing characteristic.Heterogeneity testing reveals significant regional differences in the promoting effect of green credit on manufacturing's high-quality development,with more pronounced effects in the eastern and central regions.Based on the empirical findings,the paper proposes corresponding countermeasures and suggestions for reference.
; 李文琴
修改评论