TITLE:
The Impact of Green Finance on Inclusive Economic Growth—Empirical Analysis Based on Spatial Panel
AUTHORS:
Xuxia Wang, Shanshan Wang
KEYWORDS:
Green Finance, Inclusive Economic Growth, Space Panel
JOURNAL NAME:
Open Journal of Business and Management,
Vol.8 No.5,
September
3,
2020
ABSTRACT: Green finance plays a significant role in promoting inclusive economic
growth. Based on this, this paper selects panel data from 31 provinces in China
from 2005 to 2019 and USES spatial
econometric model to explore the impact of green finance on inclusive economic
growth. The research results show that green finance has different effects on
inclusive economic growth in different regions, and the influence of green
finance on inclusive economic growth in central and western regions is more
significant than that in eastern regions. At the national level, green finance
promotes inclusive economic growth. The implication is that appropriately
strengthening green finance is an important way to effectively enhance
inclusive economic growth.