环境规制视角下绿色金融发展对碳排放的影响研究  

Research on the Effects of Green Finance Development on Carbon Emissions from the Perspective of Environmental Regulations

作　　者：张梓榆 陈辰 易红 令狐煜婷 ZHANG Ziyu;CHEN Chen;YI Hong;LINGHU Yuting(College of Big Data Application and Economics,Guizhou University of Finance and Economics,Guiyang 550025,China;School of Finance,Southwestern University of Finance and Economics,Chengdu 611130,China;College of Business Administration,Guizhou University of Finance and Economics,Guiyang 550025,China)

机构地区：[1]贵州财经大学大数据应用与经济学院,贵阳550025 [2]西南财经大学金融学院,成都611130 [3]贵州财经大学工商管理学院,贵阳550025

出　　处：《西南大学学报（自然科学版）》2023年第8期1-11,共11页Journal of Southwest University(Natural Science Edition)

基　　金：国家社会科学基金项目(21ZDA062,20AZD080).

摘　　要：绿色金融发展对碳排放的抑制作用逐渐受到学界的广泛关注,而这一效应可能受到环境规制的调节.该文选取中国30个省份2003-2021年的面板数据,就绿色金融发展对碳排放的影响及环境规制的调节作用进行研究,发现:①绿色金融发展有效降低了碳排放强度和人均碳排放,且存在时滞效应;②绿色金融政策的实施会强化绿色金融的碳减排效应;③直接管制型和公众参与型环境规制对绿色金融的碳减排效应存在调节作用,但经济激励型环境规制并没有产生调节作用.政府应进一步推动绿色金融长期稳定发展,加快绿色金融的立法进程,完善环境规制工具体系,强化环境规制与绿色金融的协同效应.The inhibiting effects of green finance development on carbon emissions reduction has attracted extensive attention from academia,while aforementioned effects may be moderated by environmental regulations.Based on the panel data of 30 provinces in China from 2003-2021,this paper examines the relationship between green finance development and carbon emissions,and studies the moderating role of environmental regulations.Our findings point out that development of green finance can reduce carbon emission intensity and per capita carbon emissions,and there is a time lag effect.Meanwhile,the implementation of green finance policies will strengthen the carbon emission reduction effect of green finance.Additionally,administrative regulations and public participation regulations have moderating effects on the carbon emissions reduction effect of green finance,whereas the economic incentive regulations have no moderating effects.In view of this,the government should prioritize the consistent and steady development of green finance and facilitate the green finance legislation,and upgrade the environmental regulation tools system,to enhance the synergy effect between environmental regulations and green finance.

关 键 词：绿色金融 环境规制 碳排放 低碳转型 文本分析 

分 类 号：F832[经济管理—金融学]