Digital finance policy and the challenge of air pollution in China.

This study investigates the influence of digital finance tools on air quality in China from 1990 to 2020 using the cross-sectional augmented autoregressive distributed lag approach. The findings underscore the critical role of digital finance, especially internet banking, in reducing air pollution l...

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Publicado en:Humanities & Social Sciences Communications Vol. 11; no. 1; pp. 1 - 9
Autores principales: Li, Linyue, Li, Guoqiang, Li, Fuchang
Formato: Artículo
Publicado: Springer Nature 9/7/2024
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        10.1057/s41599-024-03637-7
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        atl: Digital finance policy and the challenge of air pollution in China.
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          Li, Linyue
          Li, Guoqiang
          Li, Fuchang
        affil:
          https://ror.org/008e3hf02 School of International Trade and Economics, Central University of Finance and Economics, 100081, Beijing, China
          Claremont Institute for Economic Policy Studies, 91711, Claremont, USA
          National Science Library, Chinese Academy of Sciences, 100190, Beijing, China
          https://ror.org/00sc9n023 School of Economics and Management, Yunnan Normal University, 650500, Kunming, China
      su:
        Air pollution
        High technology industries
        Automated teller machines
        Online banking
        Air quality
        China
      sug:
        subj:
          China
          Air pollution
          High technology industries
          Automated teller machines
          Online banking
          Air quality
      ab: This study investigates the influence of digital finance tools on air quality in China from 1990 to 2020 using the cross-sectional augmented autoregressive distributed lag approach. The findings underscore the critical role of digital finance, especially internet banking, in reducing air pollution levels. The increased adoption of internet banking is linked to lower vehicular emissions and more efficient financial operations, aiding environmental preservation. Similarly, ATM banking is found to negatively correlate with air pollution, though to a lesser extent. In contrast, coal consumption, urban population growth, and inflation are positively associated with air pollution, highlighting the necessity for sustainable urban planning and energy transition policies. To combat air pollution, it is essential to utilize digital finance tools, broaden digitalization across various sectors, and employ AI and big data for precise interventions. Supporting green financial tools can help fund renewable energy projects, speeding up China's shift to a low-carbon economy and mitigating the harmful effects of air pollution.
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    language: English
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