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Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China

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  • Zhangsheng Liu

    (College of City Construction, Jiangxi Normal University, Nanchang 330022, China
    Real Estate Research Institute, Jiangxi Normal University, Nanchang 330022, China)

  • Xiaolu Zhang

    (College of City Construction, Jiangxi Normal University, Nanchang 330022, China)

  • Liuqingqing Yang

    (Economics School, Zhongnan University of Economics and Law, Wuhan 430073, China)

  • Yinjie Shen

    (Monte Ahuja College of Business, Cleveland State University, Cleveland, OH 44115, USA)

Abstract

Using data of 265 Chinese cities from 2010 to 2017, we studied the impact of access to digital financial services on green technology advances in the context of regional competition. We found that access to digital financial services significantly promotes green technology advances within the region but inhibits those in other regions. We also found that modest regional competition can promote green technology advances, whereas excessive competition impairs the positive relationship between access to digital financial services and green technology advances. We identified a significantly positive spatial spillover effect for green technology advances.

Suggested Citation

  • Zhangsheng Liu & Xiaolu Zhang & Liuqingqing Yang & Yinjie Shen, 2021. "Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China," Sustainability, MDPI, vol. 13(9), pages 1-14, April.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:9:p:4927-:d:544988
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    References listed on IDEAS

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    Cited by:

    1. Pengfei Cheng & Xiaofeng Wang & Baekryul Choi & Xingang Huan, 2023. "Green Finance, International Technology Spillover and Green Technology Innovation: A New Perspective of Regional Innovation Capability," Sustainability, MDPI, vol. 15(2), pages 1-16, January.
    2. Yanling Li & Mengxin Wang & Gaoke Liao & Junxia Wang, 2022. "Spatial Spillover Effect and Threshold Effect of Digital Financial Inclusion on Farmers’ Income Growth—Based on Provincial Data of China," Sustainability, MDPI, vol. 14(3), pages 1-16, February.
    3. Mingtao Wang & Chunming Ye & Dingkun Zhang, 2022. "Evaluation of Green Manufacturing Level in China’s Provincial Administrative Regions Based on Combination Weighting Method and TOPSIS," Sustainability, MDPI, vol. 14(20), pages 1-26, October.
    4. Zhangsheng Liu & Binbin Lai & Shuangyin Wu & Xiaotian Liu & Qunhong Liu & Kun Ge, 2022. "Growth Targets Management, Regional Competition and Urban Land Green Use Efficiency According to Evidence from China," IJERPH, MDPI, vol. 19(10), pages 1-21, May.
    5. Sumin Hu & Qi Zhu & Xia Zhao & Ziyue Xu, 2023. "Digital Finance and Corporate Sustainability Performance: Promoting or Restricting? Evidence from China’s Listed Companies," Sustainability, MDPI, vol. 15(13), pages 1-16, June.
    6. Xi Chen & Zhigang Chen, 2021. "Can Green Finance Development Reduce Carbon Emissions? Empirical Evidence from 30 Chinese Provinces," Sustainability, MDPI, vol. 13(21), pages 1-18, November.

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