Abstract
This study aims to determine the impact of financial development on green ecology to promote cleaner production. Particularly, it estimates the evolution of characteristics of the green-ecology of 37 cities from the Yangtze River Delta and determines the impact of financial development on green-ecology using the projection pursuit model, Moran’s Index, and regression model. Results found that the green-ecology index showed an upward trend and the index in the East was higher than the West. The green ecology and its composition indexes were found with significant spatial positive agglomeration characteristics. The Eastern region was mainly distributed as high to high agglomeration while the Western region was distributed as low to low agglomeration. Regarding composition indexes of green ecology, financial development has promoted a positive effect on the green-growth and resource-environment indexes. The study results stress that the enterprises should strengthen the technological innovation for the improvement of resource use efficiency and reduction of pollution.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.