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The impact of environmental pollution and green finance on the high-quality development of energy based on spatial Dubin model

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  • Wang, Fayuan
  • Wang, Rong
  • He, Zhili

Abstract

The article selects the entropy method to measure the comprehensive index of environmental pollution, green finance, and high-quality energy development, constructs a spatial Dubin model, and empirically studies the impact of environmental pollution and green finance on the high-quality development of energy. The results show that in the Yangtze River Economic Zone of China, environmental pollution has a significant negative impact on the high-quality development of energy, as well as a negative spatial spillover effect, and green finance has a significant positive impact and spatial spillover effect. In the upper reaches of the Yangtze River Economic Belt, the direct effect of environmental pollution on the high-quality development of energy is negative, and the indirect spatial spillover effect is not significant; the direct and indirect spatial spillover effects of green finance are not significant. In the middle reaches of the Yangtze River, the direct and indirect spatial effects of environmental pollution are not significant; the direct effects of green finance are significantly negative, and the indirect spatial spillover effects are not significant. In the lower reaches of the Yangtze River, the direct effects and spatial spillover effects of environmental pollution on the high-quality development of energy are not significant; the direct effect of green finance is significantly positive, and the indirect spatial spillover effect is not significant.

Suggested Citation

  • Wang, Fayuan & Wang, Rong & He, Zhili, 2021. "The impact of environmental pollution and green finance on the high-quality development of energy based on spatial Dubin model," Resources Policy, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420721004591
    DOI: 10.1016/j.resourpol.2021.102451
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    References listed on IDEAS

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