Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»Fintech’s role in carbon emission efficiency: dynamic spatial analysis
    Fintech

    Fintech’s role in carbon emission efficiency: dynamic spatial analysis

    October 13, 202413 Mins Read


  • IPCC. AR6 synthesis report. Climate Change 2023—IPCC. https://www.ipcc.ch/report/sixth-assessment-report-cycle/ (2023).

  • Cai, Y., Lenton, T. M. & Lontzek, T. S. Risk of multiple interacting tipping points should encourage rapid CO2 emission reduction. Nat. Clim. Change 6, 520–525 (2016).

    Article 
    ADS 

    Google Scholar
     

  • Calel, R., Chapman, S. C., Stainforth, D. A. & Watkins, N. W. Temperature variability implies greater economic damages from climate change. Nat. Commun. 11, 5028 (2020).

    Article 
    ADS 
    PubMed 
    PubMed Central 

    Google Scholar
     

  • Doğan, B., Balsalobre-Lorente, D. & Nasir, M. A. European commitment to COP21 and the role of energy consumption, FDI, trade and economic complexity in sustaining economic growth. J. Environ. Manag. 273, 111146 (2020).

    Article 

    Google Scholar
     

  • Luo, S., Sun, Y., Yang, F. & Zhou, G. Does fintech innovation promote enterprise transformation? Evidence from China. Technol. Soc.Bold”>68, 101821 (2022).

    Article 

    Google Scholar
     

  • Teng, M. & Shen, M. Fintech and energy efficiency: Evidence from OECD countries. Resour. Policy 82, 103550 (2023).

    Article 

    Google Scholar
     

  • UNEP. The financial system we need. Aligning the financial system with sustainable development (UN Environment Programme, 2017). http://www.unep.org/resources/report/financial-system-we-need-aligning-financial-system-sustainable-development.

  • Mielnik, O. & Goldemberg, J. The evolution of the ‘carbonization index’ in developing countries. Energy Policy 27, 307–308 (1999).

    Article 

    Google Scholar
     

  • Pretis, F. & Roser, M. Carbon dioxide emission-intensity in climate projections: Comparing the observational record to socio-economic scenarios. Energy 135, 718–725 (2017).

    Article 
    PubMed 

    Google Scholar
     

  • Vujovic, T., Petkovic, Z., Pavlovic, M. & Jovic, S. Economic growth based in carbon dioxide emission intensity. Phys. Stat Mech. ITS Appl. 506, 179–185 (2018).

    Article 

    Google Scholar
     

  • Du, Q., Deng, Y., Zhou, J., Wu, J. & Pang, Q. Spatial spillover effect of carbon emission efficiency in the construction industry of China. Environ. Sci. Pollut Res. 29, 2466–2479 (2022).

    Article 

    Google Scholar
     

  • Gao, D., Mo, X., Xiong, R. & Huang, Z. Tax policy and total factor carbon emission efficiency: Evidence from China’s VAT reform. Int. J. Environ. Res. Public. Health 19, 9257 (2022).

    Article 
    PubMed 
    PubMed Central 

    Google Scholar
     

  • Teng, M. & Shen, M. The impact of fintech on carbon efficiency: Evidence from Chinese cities. J. Clean. Prod. 425, 138984 (2023).

    Article 

    Google Scholar
     

  • Fang, G., Gao, Z., Wang, L. & Tian, L. How does green innovation drive urban carbon emission efficiency?—Evidence from the yangtze river economic belt. J. Clean. Prod. 375, 134196 (2022).

    Article 

    Google Scholar
     

  • Wang, G., Deng, X., Wang, J., Zhang, F. & Liang, S. Carbon emission efficiency in China: A spatial panel data analysis. China Econ. Rev. 56, 101313 (2019).

    Article 

    Google Scholar
     

  • Clark, T. A. Metropolitan density, energy efficiency and carbon emissions: Multi-attribute tradeoffs and their policy implications. Energy Policy 53, 413–428 (2013).

    Article 
    ADS 

    Google Scholar
     

  • Li, L., Cai, Y. & Liu, L. Research on the effect of urbanization on China’s carbon emission efficiency. Sustainability 12, 163 (2020).

    Article 

    Google Scholar
     

  • Zhao, P. et al. China’s transportation sector carbon dioxide emissions efficiency and its influencing factors based on the EBM DEA model with undesirable outputs and spatial durbin model. Energy 238, 121934 (2022).

    Article 

    Google Scholar
     

  • Ye, F., You, R., Lu, H., Han, S. & Yang, L. H. The classification impact of different types of environmental regulation on Chinese provincial carbon emission efficiency. Sustainability 15, 12092 (2023).

    Article 

    Google Scholar
     

  • Li, C. & Zhou, W. Can digital economy development contribute to urban carbon emission reduction?—Empirical evidence from China. J. Environ. Manag. 357, 120680 (2024).

    Article 

    Google Scholar
     

  • Awais, M., Afzal, A., Firdousi, S. & Hasnaoui, A. Is fintech the new path to sustainable resource utilisation and economic development? Resour. Policy 81, 103309 (2023).

    Article 

    Google Scholar
     

  • Ghio, D., Brookes, N., Preece, S. & Walsh, N. From sceptic to believer: Acceptability of cognitive muscular therapyTM, a new intervention for knee osteoarthritis. Musculoskelet. Care 21, 1639–1650 (2023).

    Article 

    Google Scholar
     

  • Lagna, A. & Ravishankar, M. N. Making the world a better place with fintech research. Inf. Syst. J. 32, 61–102 (2022).

    Article 

    Google Scholar
     

  • Murinde, V., Rizopoulos, E. & Zachariadis, M. The impact of the FinTech revolution on the future of banking: Opportunities and risks. Int. Rev. Financ Anal. 81, 102103 (2022).

    Article 

    Google Scholar
     

  • Nenavath, S. Impact of fintech and green finance on environmental quality protection in India: By applying the semi-parametric difference-in-differences (SDID). Renew. Energy 193, 913–919 (2022).

    Article 

    Google Scholar
     

  • Tamasiga, P., Onyeaka, H. & Ouassou, E. H. Unlocking the Green Economy in African countries: An Integrated Framework of FinTech as an enabler of the transition to sustainability. Energies 15, 8658 (2022).

    Article 

    Google Scholar
     

  • Taskin, D., Dogan, E. & Madaleno, M. Analyzing the relationship between energy efficiency and environmental and financial variables: A way towards sustainable development. Energy 252, 124045 (2022).

    Article 

    Google Scholar
     

  • Zhang, M. & Liu, Y. Influence of digital finance and green technology innovation on China’s carbon emission efficiency: Empirical analysis based on spatial metrology. Sci. Total Environ. 838, 156463 (2022).

    Article 
    PubMed 

    Google Scholar
     

  • Dittmar, L. & Praktiknjo, A. Could Bitcoin emissions push global warming above 2 °C? Nat. Clim. Change 9, 656–657 (2019).

    Article 
    ADS 

    Google Scholar
     

  • Badea, L. & Mungiu-Pupazan, M. C. The economic and environmental impact of bitcoin. IEEE Access 9, 48091–48104 (2021).

    Article 

    Google Scholar
     

  • Metawa, N., Dogan, E. & Taskin, D. Analyzing the nexus of green economy, clean and financial technology. Econ. Anal. Policy 76, 385–396 (2022).

    Article 

    Google Scholar
     

  • Khudyakova, L. S. Reform of global finance in the context of sustainable development. Mirovaya Ekon. Mezhdunarodnye Otnos 62, 38–47 (2018).


    Google Scholar
     

  • Lee, I., Shin, Y. J. & Fintech Ecosystem, business models, investment decisions, and challenges. Bus. Horiz 61, 35–46 (2018).

    Article 

    Google Scholar
     

  • Gomber, P., Kauffman, R. J., Parker, C. & Weber, B. W. On the fintech revolution: Interpreting the forces of innovation, disruption, and transformation in financial services. J. Manag Inf. Syst. 35, 220–265 (2018).

    Article 

    Google Scholar
     

  • Cao, T., Cook, W. D. & Kristal, M. M. Has the technological investment been worth it? Assessing the aggregate efficiency of non-homogeneous bank holding companies in the digital age. Technol. Forecast. Soc. Change 178, 121576 (2022).

    Article 

    Google Scholar
     

  • Lyons, A. C., Kass-Hanna, J. & Fava, A. Fintech development and savings, borrowing, and remittances: A comparative study of emerging economies. Emerg. Mark. Rev. 51, 100842 (2022).

    Article 

    Google Scholar
     

  • Wang, Y. & He, L. Can China’s carbon emissions trading scheme promote balanced green development? A consideration of efficiency and fairness. J. Clean. Prod. 367, 132916 (2022).

    Article 

    Google Scholar
     

  • Croutzet, A. & Dabbous, A. Do FinTech trigger renewable energy use? Evidence from OECD countries. Renew. Energy 179, 1608–1617 (2021).

    Article 

    Google Scholar
     

  • Firdousi, S. F., Afzal, A. & Amir, B. Nexus between FinTech, renewable energy resource consumption, and carbon emissions. Environ. Sci. Pollut Res. 30, 84686–84704 (2023).

    Article 

    Google Scholar
     

  • Xu, J., Chen, F., Zhang, W., Liu, Y. & Li, T. Analysis of the carbon emission reduction effect of Fintech and the transmission channel of green finance. Finance Res. Lett. 56, 104127 (2023).

    Article 

    Google Scholar
     

  • Cheng, X., Yao, D., Qian, Y., Wang, B. & Zhang, D. How does Fintech influence carbon emissions: Evidence from China’s prefecture-level cities. Int. Rev. Financ. Anal. 87, 102655 (2023).

    Article 

    Google Scholar
     

  • Fang, G., Gao, Z., Tian, L. & Fu, M. What drives urban carbon emission efficiency?—Spatial analysis based on nighttime light data. Appl. Energy 312, 118772 (2022).

    Article 

    Google Scholar
     

  • Udeagha, M. C. & Muchapondwa, E. Green finance, fintech, and environmental sustainability: Fresh policy insights from the BRICS nations. Int. J. Sustain. Dev. World Ecol. 30, 633–649 (2023).

    Article 

    Google Scholar
     

  • Zhang, Y. et al. The contribution of Fintech to sustainable development in the digital age: Ant forest and land restoration in China. Land Use Policy 103, 105306 (2021).

    Article 
    MathSciNet 

    Google Scholar
     

  • Yao, B. H., Shanoyan, A., Schwab, B. & Amanor-Boadu, V. Mobile money, transaction costs, and market participation: Evidence from Côte d’Ivoire and Tanzania. Food Policy 112, 102370 (2022).

    Article 

    Google Scholar
     

  • Zhao, C., Wu, Y. & Guo, J. Mobile payment and Chinese rural household consumption. China Econ. Rev. 71, 101719 (2022).

    Article 

    Google Scholar
     

  • Xu, Y., Ghose, A. & Xiao, B. Mobile Payment Adoption: An empirical investigation of Alipay. Inf. Syst. Res.https://doi.org/10.1287/isre.2021.0156 (2023).

    Article 

    Google Scholar
     

  • Scholes, M., Benston, G. J. & SmithJr. C. W. A transactions cost approach to the theory of financial intermediation. J. Finance 31, 215–231 (1976).

    Article 

    Google Scholar
     

  • Bollaert, H., Lopez-de-Silanes, F. & Schwienbacher, A. Fintech and access to finance. J. Corp. Finance 68, 101941 (2021).

    Article 

    Google Scholar
     

  • Merton, R. C. & Bodie, Z. The design of Financial systems: Towards a synthesis of function and structure. SSRN Electron. J. 3, 1388–1389 (2004).


    Google Scholar
     

  • Balyuk, T. FinTech lending and bank credit access for consumers. Manag. Sci. 69, 555–575 (2023).

    Article 

    Google Scholar
     

  • Tao, R., Su, C. W., Naqvi, B. & Rizvi, S. K. A. can Fintech development pave the way for a transition towards low-carbon economy: A global perspective. Technol. Forecast. Soc. Change 174, 121278 (2022).

    Article 

    Google Scholar
     

  • Zhou, G., Zhu, J. & Luo, S. The impact of fintech innovation on green growth in China: Mediating effect of green finance. Ecol. Econ. 193, 107308 (2022).

    Article 

    Google Scholar
     

  • Buchak, G., Matvos, G., Piskorski, T. & Seru, A. Fintech, regulatory arbitrage, and the rise of shadow banks. J. Financ. Econ. 130, 453–483 (2018).

    Article 

    Google Scholar
     

  • Muganyi, T., Yan, L. & Sun, H. Green finance, fintech and environmental protection: Evidence from China. Environ. Sci. Ecotechnol. 7, 100107 (2021).

    Article 
    PubMed 
    PubMed Central 

    Google Scholar
     

  • Hu, G., Wang, X. & Wang, Y. Can the green credit policy stimulate green innovation in heavily polluting enterprises? Evidence from a quasi-natural experiment in China. Energy Econ. 98, 105134 (2021).

    Article 

    Google Scholar
     

  • Lyu, Y., Ji, Z., Zhang, X. & Zhan, Z. Can Fintech alleviate the financing constraints of enterprises?—Evidence from the Chinese securities Market. Sustainability 15, 3876 (2023).

    Article 

    Google Scholar
     

  • Holmstrom, B. Agency costs and innovation. J. Econ. Behav. Organ. 12, 305–327 (1989).

    Article 

    Google Scholar
     

  • Rennings, K. Redefining innovation—eco-innovation research and the contribution from ecological economics. Ecol. Econ. 32, 319–332 (2000).

    Article 

    Google Scholar
     

  • Huang, Z., Liao, G. & Li, Z. Loaning scale and government subsidy for promoting green innovation. Technol. Forecast. Soc. Change 144, 148–156 (2019).

    Article 

    Google Scholar
     

  • Acemoglu, D., Aghion, P., Bursztyn, L. & Hemous, D. The environment and directed technical change. Am. Econ. Rev. 102, 131–166 (2012).

    Article 
    PubMed 
    PubMed Central 

    Google Scholar
     

  • Lv, C., Shao, C. & Lee, C. C. Green technology innovation and financial development: Do environmental regulation and innovation output matter? Energy Econ. 98, 105237 (2021).

    Article 

    Google Scholar
     

  • Liu, J., Zhang, Y. & Kuang, J. Fintech development and green innovation: Evidence from China. Energy Policy 183, 113827 (2023).

    Article 

    Google Scholar
     

  • Li, C. T., Yan, X. W., Song, M. & Yang, W. Fintech and corporate innovation—evidence from Chinese NEEQ-listed companies. China Ind. Econ. 1, 81–98 (2020).


    Google Scholar
     

  • Dong, F. et al. Drivers of carbon emission intensity change in China. Resour. Conserv. Recycl. 129, 187–201 (2018).

    Article 

    Google Scholar
     

  • Wicki, S. & Hansen, E. G. Green technology innovation: Anatomy of exploration processes from a learning perspective. Bus. Strategy Environ. 28, 970–988 (2019).

    Article 
    PubMed 
    PubMed Central 

    Google Scholar
     

  • Bai, C. et al. Will income inequality influence the abatement effect of renewable energy technological innovation on carbon dioxide emissions? J. Environ. Manag. 264, 110482 (2020).

    Article 

    Google Scholar
     

  • Shang, H., Jiang, L., Pan, X. & Pan, X. Green technology innovation spillover effect and urban eco-efficiency convergence: evidence from Chinese cities. Energy Econ. 114, 106307 (2022).

    Article 

    Google Scholar
     

  • Sun, H., Edziah, B. K., Sun, C. & Kporsu, A. K. Institutional quality, green innovation and energy efficiency. Energy Policy 135, 111002 (2019).

    Article 

    Google Scholar
     

  • Du, K. & Li, J. Towards a green world: How do green technology innovations affect total-factor carbon productivity. Energy Policy 131, 240–250 (2019).

    Article 

    Google Scholar
     

  • Lan, Y. Does Fintech development affect capital misallocation: A non-linear and spatial spillover perspective. Finance Res. Lett. 60, 104847 (2024).

    Article 

    Google Scholar
     

  • Braunerhjelm, P., Ding, D. & Thulin, P. The knowledge spillover theory of intrapreneurship. Small Bus. Econ. 51, 1–30 (2018).

    Article 

    Google Scholar
     

  • Jiang, T. Mediating effects and moderating effects in causal inference. China Ind. Econ.Bold”>1, 100–120 (2020).


    Google Scholar
     

  • Segura, J. The effect of state and local taxes on economic growth: A spatial dynamic panel approach. Pap. Reg. Sci. 96, 627– (2017).

    Article 

    Google Scholar
     

  • Molinos-Senante, M., Sala-Garrido, R. & Hernandez-Sancho, F. Development and application of the Hicks-Moorsteen productivity index for the total factor productivity assessment of wastewater treatment plants. J. Clean. Prod.Bold”>112, 3116–3123 (2016).

    Article 

    Google Scholar
     

  • Olesen, O. B. & Petersen, N. C. Stochastic data envelopment analysis-a review. Eur. J. Oper. Res. 251, 2–21 (2016).

    Article 
    MathSciNet 

    Google Scholar
     

  • Wanke, P., Tsionas, M. G., Chen, Z. & Moreira Antunes, J. J. Dynamic network DEA and SFA models for accounting and financial indicators with an analysis of super-efficiency in stochastic frontiers: An efficiency comparison in OECD banking. Int. Rev. Econ. Finance 69, 456–468 (2020).

    Article 

    Google Scholar
     

  • Dong, F. et al. Applying a Ruggiero three-stage super-efficiency DEA model to gauge regional carbon emission efficiency: Evidence from China. Nat. Hazards 87, 1453–1468 (2017).

    Article 

    Google Scholar
     

  • Song, M., An, Q., Zhang, W., Wang, Z. & Wu, J. Environmental efficiency evaluation based on data envelopment analysis: A review. Renew. Sustain. Energy Rev. 16, 4465–4469 (2012).

    Article 

    Google Scholar
     

  • Tone, K. A slacks-based measure of super-efficiency in data envelopment analysis. Eur. J. Oper. Res. 143, 32–41 (2002).

    Article 
    MathSciNet 

    Google Scholar
     

  • Chung, Y. H., Färe, R. & Grosskopf, S. Productivity and undesirable outputs: A directional distance function approach. J. Environ. Manag. 51, 229–240 (1997).

    Article 

    Google Scholar
     

  • Oh, D. & Lee, J. A metafrontier approach for measuring malmquist productivity index. Empir. Econ. 38, 47–64 (2010).

    Article 

    Google Scholar
     

  • Chen, J. et al. County-level CO2 emissions and sequestration in China during 1997–2017. Sci. Data 7, 391 (2020).

    Article 
    PubMed 
    PubMed Central 

    Google Scholar
     

  • Song, M., Zhou, P. & Si, H. T. Fintech and firm total factor productivity: Perspectives on empowerment and credit rationing. China Ind. Econ. 4, 138–155 (2021).


    Google Scholar
     

  • Xie, D. J. & Hu, S. H. Green finance, industrial structure, and green total factor productivity in urban industries. Int. Finance Stud. 5, 46–56 (2023).


    Google Scholar
     

  • Li, L. H. & Shen, G. J. Financial development and city size-theory and evidence from Chinese cities. Econ. Q. 18, 855–876 (2019).


    Google Scholar
     

  • Wen, H. & Liu, Y. Can fintech lead to the collaborative reduction in pollution discharges and carbon emissions? Sustainability 15, 11627 (2023).

  • Tao, F., Zhao, J. Y. & Zhou, H. Does environmental regulation improve the quantity and quality of green innovation—evidence from the target responsibility system of environmental protection. China Ind. Econ. 2, 136–154 (2022).


    Google Scholar
     

  • Wu, Q. From bits to emissions: How FinTech benefits climate resilience? Empir. Econ.https://doi.org/10.1007/s00181-024-02609-9 (2024).

    Article 

    Google Scholar
     

  • Wang, C., Wang, L., Zhao, S., Yang, C. & Albitar, K. The impact of fintech on corporate carbon emissions: Towards green and sustainable development. Bus. Strategy Environ.

  • Huang, Q. H., Yu, Z. Y. & Zhang, S. L. Internet development and productivity growth in manufacturing industry: Internal mechanism and China experiences. China Ind. Econ. 8, 5–23 (2019).


    Google Scholar
     

  • LeSage, J. P. & Pace, R. K. Spatial econometric modeling of origin-destination flows. J. Reg. Sci. 48, 941–967 (2008).

    Article 

    Google Scholar
     



  • Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Mobilité urbaine : Royal lève 87 millions FCFA pour s’imposer sur le marché naissant des motos électriques au Cameroun

    Fintech

    L’action PayPal chute après l’annonce de frais d’accès aux données par JPMorgan

    Fintech

    des cartes exclusives pour vibrer basket au quotidien

    Fintech

    Meilleures conférences Fintech 2025 et 2026

    Fintech

    Yomoni simplifie le transfert des contrats retraite vers Yomoni Retraite+

    Fintech

    un prêt de 22 millions $ à Paymenow pour son expansion

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Commodities giant ADM exploits green fuel loophole, UK producers say

    Stock Market

    Salvation Army seeing increase in helping people with utility bills

    Property

    Long Island Real Estate Lawyer Peter Zinkovetsky Releases

    Editors Picks

    Ripple Unveils Powerful Crypto Custody For 250+ Fintech Clients

    October 10, 2024

    Agricultural sector marks ‘major’ growth since independence

    May 26, 2025

    AGG: The Window For Buying Bonds Is Narrowing (Rating Update) (NYSEARCA:AGG)

    August 25, 2024

    Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group

    August 11, 2024
    What's Hot

    Income investors should consider this new trick – a low-yielding stock

    February 13, 2025

    CFTC Issues Fine Over Whistleblower Rule Enforcement Action

    July 26, 2024

    Ardagh Metal Packaging (NYSE:AMBP) PT Raised to $4.25

    July 28, 2024
    Our Picks

    Economic Survey caution against sensitive food commodities in futures trading

    July 22, 2024

    ‘Tan Sri’ accused of sukuk fund embezzlement converted RM11m into digital currency, says MACC

    June 25, 2025

    Topaz Energy Insiders Added CA$4.82m Of Stock To Their Holdings

    October 25, 2024
    Weekly Top

    Top 10 dividend stocks of the past year

    July 11, 2025

    3 locations raided in terror-funding case involving cryptocurrency

    July 11, 2025

    FIP Silver Côte du Midi : place aux quarts de finale avec 5 Français à suivre à Narbonne

    July 11, 2025
    Editor's Pick

    One Big Beautiful Bill Act: Agricultural Provisions | Market Intel

    June 4, 2025

    En Australie, un plan sur plusieurs mois pour restaurer les plages de la Gold Coast après le passage d’Alfred

    March 15, 2025

    Armed Citizen Shoots Man Who Attacked Him With Metal Pipe, U-Haul Truck

    August 7, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.