所属栏目:银行与金融机构/非银行金融机构/2022/2022年第01期目录

摘要

We provide nationwide causal estimates of digital financial inclusion’s (DFI) effect on air pollution in the short term for China from 2014 to 2018. Using distance to Xihu District as an instrument, 1% gain of DFI increases air pollution by 0.36%. The baseline result is strongly robust to various checks. The coverage breadth and usage depth of DFI increase pollution, with the elasticity of 0.39 and 0.37 respectively, whereas the digitization level of DFI lowers pollution, with the elasticity of -1.42. The heterogeneous short-run effect of DFI can be attributed to a multitude of channels, including pollution standard, geographical factors, population density, development gaps and international trade.
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Xiaodong Chen; Anda Guo; Zeng Li; Zhuang Miao Digital financial inclusion and air pollution: Nationwide evidence of China (2021年12月27日) https://www.cfrn.com.cn/dzqk/detail/11509

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