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Digital economy, financial development, and corporate green technology innovation

Author

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  • Wu, Jiaying
  • Xue, Yan
  • Zhang, Qian
  • Liu, Yang

Abstract

This study selects the panel data of A-share listed companies in Shanghai and Shenzhen from 2011 to 2021 and comprehensively analyzes the mediation effect of the digital economy (DE) on corporate green technology innovation (GTI) using the spatial Durbin model. The results show that the DE clearly affects GTI and that financial development is an important avenue through which this effect is mechanized. At different GTI levels, DE promotes digital technological integration with differentiation and has a radiating effect on the GTI of firms in neighboring areas.

Suggested Citation

  • Wu, Jiaying & Xue, Yan & Zhang, Qian & Liu, Yang, 2024. "Digital economy, financial development, and corporate green technology innovation," Finance Research Letters, Elsevier, vol. 66(C).
    • Handle: RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324005828
    DOI: 10.1016/j.frl.2024.105552
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    References listed on IDEAS

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    Cited by:

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    5. Weidong Huo & Bingwen Wang, 2025. "Green Credit Policies and the Devaluation of Pollution-Intensive Enterprises: A Quasi-Natural Experiment," Sustainability, MDPI, vol. 17(5), pages 1-21, March.
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