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The dynamic evolution of fintech empowerment, industrial structure rationalization, and green economic efficiency

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  • Zhang, Li
  • Wang, Yubao

Abstract

This research employs panel data from 31 provinces in China over the period from 2007 to 2023 to conduct an in-depth examination of the dynamic impacts of fintech enablement and the rationalization of the industrial structure on green economic efficiency. The results indicate that fintech empowerment significantly enhances green economic efficiency, whereas industrial structure rationalization exerts a marked inhibitory effect. Heterogeneity analysis reveals notable differences in the impact of fintech empowerment on green economic efficiency between regions with high and low economic development, as well as between areas with high and low fixed asset investment.

Suggested Citation

  • Zhang, Li & Wang, Yubao, 2025. "The dynamic evolution of fintech empowerment, industrial structure rationalization, and green economic efficiency," Finance Research Letters, Elsevier, vol. 85(PE).
    • Handle: RePEc:eee:finlet:v:85:y:2025:i:pe:s1544612325014527
    DOI: 10.1016/j.frl.2025.108197
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    References listed on IDEAS

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