How digital finance and green finance can synergize to improve urban energy use efficiency? New evidence from China
Shi, Yarong; Yang, Bo
2024-09
发表期刊ENERGY STRATEGY REVIEWS
卷号55
摘要Accelerating the greening and digital transformation of the energy industry to enhance energy efficiency is pivotal for constructing a new energy system. The high-quality development of the energy sector necessitates the support of emerging financial forces. This study utilizes panel data from 279 prefecture-level cities spanning from 2011 to 2021, employing mediation and moderation models to verify the synergistic impact of digital finance and green finance on energy efficiency. Findings indicate that the synergy between digital finance and green finance enhances energy efficiency. Mechanism analysis reveals that this synergy promotes energy efficiency through advancements in green and digital technology innovations. Climate policy uncertainty positively moderates the process by which digital finance and green finance synergistically improve energy efficiency, enhancing the intermediary effects of digital and green technologies. Environmental regulations similarly exert positive moderation on the joint impact of digital finance and green finance on energy efficiency, yet their effects vary heterogeneously, with market-based environmental regulatory tools demonstrating superior policy outcomes. Moreover, the impact of the synergy between digital finance and green finance on energy efficiency exhibits heterogeneity across geographic regions, development timelines, resource endowments, and policy trial effects.
关键词Digital finance Green finance Energy use efficiency Climate policy uncertainty Technological innovation Environmental regulation
DOI10.1016/j.esr.2024.101553
收录类别SCIE ; EI
ISSN2211-467X
语种英语
WOS研究方向Energy & Fuels
WOS类目Energy & Fuels
WOS记录号WOS:001333197800001
出版者ELSEVIER
EI入藏号20244117152947
EI主题词Decentralized finance
EI分类号1501.1 ; 911.2 Industrial Economics ; 912.2 Management
原始文献类型Article
EISSN2211-4688
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被引频次[WOS]:0   [WOS记录]     [WOS相关记录]
文献类型期刊论文
条目标识符http://ir.lzufe.edu.cn/handle/39EH0E1M/38156
专题金融学院
通讯作者Yang, Bo
作者单位Lanzhou Univ Finance & Econ, Sch Finance, Lanzhou 730020, Gansu, Peoples R China
第一作者单位兰州财经大学
通讯作者单位兰州财经大学
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GB/T 7714
Shi, Yarong,Yang, Bo. How digital finance and green finance can synergize to improve urban energy use efficiency? New evidence from China[J]. ENERGY STRATEGY REVIEWS,2024,55.
APA Shi, Yarong,&Yang, Bo.(2024).How digital finance and green finance can synergize to improve urban energy use efficiency? New evidence from China.ENERGY STRATEGY REVIEWS,55.
MLA Shi, Yarong,et al."How digital finance and green finance can synergize to improve urban energy use efficiency? New evidence from China".ENERGY STRATEGY REVIEWS 55(2024).
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