有为政府、金融引导与碳减排——来自绿色政府引导基金的经验证据  

Effective Government,Financial Guidance and Carbon Reduction--Evidence from the Green Government Guidance Fund

作　　者：安梦天 李雪娇 An Mengtian;Li Xuejiao

机构地区：[1]西北大学经济管理学院 [2]西安电子科技大学马克思主义学院

出　　处：《财经科学》2024年第5期1-17,共17页Finance & Economics

基　　金：教育部哲学社会科学研究重大课题攻关项目“中国特色社会主义政治经济学理论与实践研究”(20JZD005);陕西省秦岭(终南)文化重大研究项目“习近平总书记关于秦岭生态保护重要论述的理论价值与实践意义”(2024HZ0530);陕西省哲学社会科学研究专项青年项目“陕西绿色政府引导基金提升绿色发展效率的作用机理研究”(2024QN062)的资助。

摘　　要：有为政府和有效市场结合是实现碳达峰与碳中和目标的重要手段,政府引导基金作为典型的政策性金融是引导资本流向、最大化地方政府财力的重要政策和金融工具。本文用双重差分法检验了以绿色转型为导向的政府引导基金在节能减排方面的作用。研究发现:设立绿色政府引导基金的城市显著减少了所在地区的碳排放。进一步的机制研究得出:绿色政府引导基金在宏观层面通过产业绿色化、技术低碳化、能源清洁化和地方政府财力扩大化减少碳排放,在微观层面通过促进企业创新、降低企业管理费用和完善资金管理机制发挥碳减排效应。异质性检验结果显示,在碳金融不够发达的中西部城市、财务状况和行政能力较好的高行政级别城市设立的绿色政府引导基金更有利于碳减排。因此,应进一步扩大绿色政府引导基金的设立实施,尤其要在碳金融水平不发达和财政能力强的城市优先布局,引导社会资本向绿色低碳产业聚集.The combination of a promising government and an effective market is an important mean to achieve carbon peak and carThe combination of a promising government and an effective market is an important mean to achieve carbon peak and car⁃⁃bon neutrality.As typical policy finance,government guided funds are important tools to guide capital flow and maximize local govbon neutrality.As typical policy finance,government guided funds are important tools to guide capital flow and maximize local gov⁃⁃ernment financial resources.On the basis of theoretical analysis,this article uses the double difference method to test the role of government financial resources.On the basis of theoretical analysis,this article uses the double difference method to test the role of gov⁃⁃ernment guided funds guided by green transformation in energy conservation and emission reduction.Research has found that citiesernment guided funds guided by green transformation in energy conservation and emission reduction.Research has found that cities that establish green government guidance funds significantly reduce carbon emissions in their respective regions.Further mechanismthat establish green government guidance funds significantly reduce carbon emissions in their respective regions.Further mechanism research has shown that green government guidance funds reduce carbon emissions at the macro level through industrial greening,research has shown that green government guidance funds reduce carbon emissions at the macro level through industrial greening,technological decarbonization,energy cleanliness,and local government financial expansion.At the micro level,they promote entertechnological decarbonization,energy cleanliness,and local government financial expansion.At the micro level,they promote enter⁃⁃prise innovation,reduce enterprise management costs,and improve fund management mechanisms to achieve carbon reduction efprise innovation,reduce enterprise management costs,and improve fund management mechanisms to achieve carbon reduct

关 键 词：有为政府 政府引导基金 绿色金融 碳达峰碳中和 

分 类 号：F830[经济管理—金融学]