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

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

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...

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Main Authors: Zhangsheng Liu, Xiaolu Zhang, Liuqingqing Yang, Yinjie Shen
Format: Article
Language:English
Published: MDPI AG 2021-04-01
Series:Sustainability
Subjects:
access to financial services
use of green technology
regional competition
Online Access:https://www.mdpi.com/2071-1050/13/9/4927
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spelling doaj-85533a76b0ed44c79c6b88b125af74e12021-04-28T23:01:37ZengMDPI AGSustainability2071-10502021-04-01134927492710.3390/su13094927Access to Digital Financial Services and Green Technology Advances: Regional Evidence from ChinaZhangsheng Liu0Xiaolu Zhang1Liuqingqing Yang2Yinjie Shen3College of City Construction, Jiangxi Normal University, Nanchang 330022, ChinaCollege of City Construction, Jiangxi Normal University, Nanchang 330022, ChinaEconomics School, Zhongnan University of Economics and Law, Wuhan 430073, ChinaMonte Ahuja College of Business, Cleveland State University, Cleveland, OH 44115, USAUsing 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.https://www.mdpi.com/2071-1050/13/9/4927access to financial servicesuse of green technologyregional competition
collection DOAJ
language English
format Article
sources DOAJ
author Zhangsheng Liu
Xiaolu Zhang
Liuqingqing Yang
Yinjie Shen
spellingShingle Zhangsheng Liu
Xiaolu Zhang
Liuqingqing Yang
Yinjie Shen
Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China
Sustainability
access to financial services
use of green technology
regional competition
author_facet Zhangsheng Liu
Xiaolu Zhang
Liuqingqing Yang
Yinjie Shen
author_sort Zhangsheng Liu
title Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China
title_short Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China
title_full Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China
title_fullStr Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China
title_full_unstemmed Access to Digital Financial Services and Green Technology Advances: Regional Evidence from China
title_sort access to digital financial services and green technology advances: regional evidence from china
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2021-04-01
description 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.
topic access to financial services
use of green technology
regional competition
url https://www.mdpi.com/2071-1050/13/9/4927
work_keys_str_mv AT zhangshengliu accesstodigitalfinancialservicesandgreentechnologyadvancesregionalevidencefromchina
AT xiaoluzhang accesstodigitalfinancialservicesandgreentechnologyadvancesregionalevidencefromchina
AT liuqingqingyang accesstodigitalfinancialservicesandgreentechnologyadvancesregionalevidencefromchina
AT yinjieshen accesstodigitalfinancialservicesandgreentechnologyadvancesregionalevidencefromchina
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