(時間更改)華師經英seminar第25期
【時間】4月29日(周四)下午1:00-2:30(講座時間由原定的2點開始更改為1點開始)
【地點】文二棟301會議室
【題目】Bank Green Credit to the Prosperity of Green Innovation
(中文:銀行綠色信貸推動企業綠色創新)
【主講人】吳明琴教授
【主持人】肖彥成博士
【主講人簡介】吳明琴,新葡的京集團350vip8888經濟與管理學院教授。研究方向集中在發展經濟學、區域經濟學和環境經濟學。文章見于Journal of Development Economics,Journal of Environmental Economics and Management,經濟研究等國際國內權威期刊,主持國家自然科學基金和廣東省軟科學等項目。
【摘要】In this paper, we examine the impact of bank green credit on firm green innovation, which is accurately measured by a machine learning approach. Using a difference-in-difference (DID) strategy, we find that green patents of environmentally friendly firms increased significantly after the implementation of green bank credit policy. This suggests that green credit policy improved the green innovation of environmentally friendly firms. Two mechanisms are responsible for this finding: on the one hand, more loans are available for environmentally friendly firms; on the other hand, less rent-seeking behaviors are required for these firms. Moreover, we find that the effect of green credit policy is more pronounced for firms that rely less on internal financing and firms that located in high banking development provinces. Finally, we find that bank green credit also improves the quality of green innovation to a higher extent.
華師經英seminar吸引了經濟與管理學院廣大師生參與,促進了學院內部學術交流。歡迎感興趣的老師聯系肖彥成博士報名。聯系方式:yanchengxiao@m.scnu.edu.cn。