Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones
Against the backdrop of growing attention being paid to both ecological compensation and the digital economy, this paper explores the impact of digital financial inclusion on green economic growth in counties within China’s National Key Ecological Functional Zones (NKEFZs) from 2014 to 2022, using p...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2025-02-01
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| Series: | Frontiers in Environmental Science |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2025.1467542/full |
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| author | Li Mo Song Chen Shenwei Wan Chen Liang Ye Ma |
| author_facet | Li Mo Song Chen Shenwei Wan Chen Liang Ye Ma |
| author_sort | Li Mo |
| collection | DOAJ |
| description | Against the backdrop of growing attention being paid to both ecological compensation and the digital economy, this paper explores the impact of digital financial inclusion on green economic growth in counties within China’s National Key Ecological Functional Zones (NKEFZs) from 2014 to 2022, using panel data from 393 counties. Employing a two-way fixed-effects model, the study finds that digital financial inclusion promotes both traditional and green economic growth. The study results are robust, even after a series of robustness tests. The mechanisms identified include agricultural technology progress, industrial structure upgrading, and enterprise innovation and entrepreneurship. However, the effect is less significant in western and northeastern regions, as well as in windbreak and sand-fixing zones. The study highlights the potential of digital finance to help resource-rich, underdeveloped regions overcome the “resource curse” and foster sustainable economic growth. |
| format | Article |
| id | doaj-art-d98c251502314ccaae44ca6f3a76ebb0 |
| institution | Kabale University |
| issn | 2296-665X |
| language | English |
| publishDate | 2025-02-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj-art-d98c251502314ccaae44ca6f3a76ebb02025-02-10T06:48:43ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2025-02-011310.3389/fenvs.2025.14675421467542Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zonesLi Mo0Song Chen1Shenwei Wan2Chen Liang3Ye Ma4College of Marxism, Yunnan Agricultural University, Kunming, ChinaCollege of Marxism, Yunnan Agricultural University, Kunming, ChinaSchool of Agricultural Economics and Rural Development, Renmin University of China, Beijing, ChinaSchool of Agricultural Economics and Rural Development, Renmin University of China, Beijing, ChinaSchool of Finance and Business, Shanghai Normal University, Shanghai, ChinaAgainst the backdrop of growing attention being paid to both ecological compensation and the digital economy, this paper explores the impact of digital financial inclusion on green economic growth in counties within China’s National Key Ecological Functional Zones (NKEFZs) from 2014 to 2022, using panel data from 393 counties. Employing a two-way fixed-effects model, the study finds that digital financial inclusion promotes both traditional and green economic growth. The study results are robust, even after a series of robustness tests. The mechanisms identified include agricultural technology progress, industrial structure upgrading, and enterprise innovation and entrepreneurship. However, the effect is less significant in western and northeastern regions, as well as in windbreak and sand-fixing zones. The study highlights the potential of digital finance to help resource-rich, underdeveloped regions overcome the “resource curse” and foster sustainable economic growth.https://www.frontiersin.org/articles/10.3389/fenvs.2025.1467542/fullNational Key Ecological Function Zonesdigital financial inclusioneconomic green growthsustainable developmentpolicy assessment |
| spellingShingle | Li Mo Song Chen Shenwei Wan Chen Liang Ye Ma Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones Frontiers in Environmental Science National Key Ecological Function Zones digital financial inclusion economic green growth sustainable development policy assessment |
| title | Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones |
| title_full | Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones |
| title_fullStr | Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones |
| title_full_unstemmed | Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones |
| title_short | Digital financial inclusion and economic green growth: evidence from counties covered by China’s national key ecological functional zones |
| title_sort | digital financial inclusion and economic green growth evidence from counties covered by china s national key ecological functional zones |
| topic | National Key Ecological Function Zones digital financial inclusion economic green growth sustainable development policy assessment |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2025.1467542/full |
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