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Research on the spatial impact and coupling coordination of green finance on the ecological development of China’s economy by Guosong Wu is a Economics, Econometrics and Finance article available to read on EtoBox.

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China's economy has developed rapidly since the implementation of its reform and opening-up policy. However, the long-term extensive development has also brought serious ecological problems to China. Ecological crises, such as air pollution, water pollution and land desertification occur frequently. Green finance has become a path to promote China's sustainable economic development as an economic activity to deal with climate change, improve the ecological environment and make rational use of resources. This paper will construct a spatial econometric model and coupling coordination degree model to carry out empirical research. Based on the data from 1999 to 2020, this paper constructs an evaluation index system of green finance and an economic ecology system. First, the spatial autocorrelation model is used to analyze the spatial relationship. Second, the coupling coordination degree model is used to measure the evolution of the coupling coordination relationship between green finance and economic ecology. The results show that green finance has a strong spatial agglomeration. Economic and ecological development has maintained a stable spatial positive correlation. The spatial diff

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Author

Guosong Wu

Publisher

Springer Science and Business Media LLC

Published

2023

Language

EN

Field

Economics, Econometrics and Finance (Social Sciences)