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Green finance, market integration, and regional economic resilience

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  • Wei, Na

Abstract

In this study, we test the implications of green finance for regional economic resilience. Based on prefecture-level data of China, we find robust evidence that green finance is positively related to a prefecture's economic resilience. In addition, we find that market integration amplifies the positive relationship between green finance and economic resilience. Overall, our research gains new insights into the consequences of green finance, thus contributing to the literature.

Suggested Citation

  • Wei, Na, 2024. "Green finance, market integration, and regional economic resilience," Finance Research Letters, Elsevier, vol. 67(PA).
    • Handle: RePEc:eee:finlet:v:67:y:2024:i:pa:s1544612324008079
    DOI: 10.1016/j.frl.2024.105777
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