Research on the Impact of Green Finance and Fintech in Smart City

The green development level reflected in the green finance index and the evaluation of the degree of green development in smart cities have important practical effects on economic transformation. For promoting the transformation and upgrading of finance, we select 2013–2019 data and construct a dist...

Full description

Saved in:
Bibliographic Details
Main Authors: Zheng He, Zhengkai Liu, Hui Wu, Xiaomin Gu, Yuanjun Zhao, Xiaoguang Yue
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/6673386
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832568516119625728
author Zheng He
Zhengkai Liu
Hui Wu
Xiaomin Gu
Yuanjun Zhao
Xiaoguang Yue
author_facet Zheng He
Zhengkai Liu
Hui Wu
Xiaomin Gu
Yuanjun Zhao
Xiaoguang Yue
author_sort Zheng He
collection DOAJ
description The green development level reflected in the green finance index and the evaluation of the degree of green development in smart cities have important practical effects on economic transformation. For promoting the transformation and upgrading of finance, we select 2013–2019 data and construct a distributed lag model to analyse the important role played by green finance and financial technology in the construction of smart cities. In the paper, we find green finance promotes the construction of smart cities, and only it will not appear until nine months late. Financial technology has an opposite impact on the construction of smart cities, this is mainly because the research and marketization of financial technology are higher, and the cost is also higher. This influence will appear in the next 14 months.
format Article
id doaj-art-a55ab7fcc6ef406d8229f9bf95350aa4
institution Kabale University
issn 1076-2787
1099-0526
language English
publishDate 2020-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-a55ab7fcc6ef406d8229f9bf95350aa42025-02-03T00:58:51ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/66733866673386Research on the Impact of Green Finance and Fintech in Smart CityZheng He0Zhengkai Liu1Hui Wu2Xiaomin Gu3Yuanjun Zhao4Xiaoguang Yue5School of Economics & Management, Shanghai Maritime University, Shanghai 201306, ChinaInternational College, Renmin University of China, Beijing 100872, ChinaSchool of Financial Technology, Shanghai Lixin University of Accounting and Finance, Shanghai 201209, ChinaSchool of Financial Technology, Shanghai Lixin University of Accounting and Finance, Shanghai 201209, ChinaSchool of Business Administration, Shanghai Lixin University of Accounting and Finance, Shanghai 201209, ChinaDepartment of Computer Science and Engineering, School of Sciences, European University Cyprus, 1516 Nicosia, CyprusThe green development level reflected in the green finance index and the evaluation of the degree of green development in smart cities have important practical effects on economic transformation. For promoting the transformation and upgrading of finance, we select 2013–2019 data and construct a distributed lag model to analyse the important role played by green finance and financial technology in the construction of smart cities. In the paper, we find green finance promotes the construction of smart cities, and only it will not appear until nine months late. Financial technology has an opposite impact on the construction of smart cities, this is mainly because the research and marketization of financial technology are higher, and the cost is also higher. This influence will appear in the next 14 months.http://dx.doi.org/10.1155/2020/6673386
spellingShingle Zheng He
Zhengkai Liu
Hui Wu
Xiaomin Gu
Yuanjun Zhao
Xiaoguang Yue
Research on the Impact of Green Finance and Fintech in Smart City
Complexity
title Research on the Impact of Green Finance and Fintech in Smart City
title_full Research on the Impact of Green Finance and Fintech in Smart City
title_fullStr Research on the Impact of Green Finance and Fintech in Smart City
title_full_unstemmed Research on the Impact of Green Finance and Fintech in Smart City
title_short Research on the Impact of Green Finance and Fintech in Smart City
title_sort research on the impact of green finance and fintech in smart city
url http://dx.doi.org/10.1155/2020/6673386
work_keys_str_mv AT zhenghe researchontheimpactofgreenfinanceandfintechinsmartcity
AT zhengkailiu researchontheimpactofgreenfinanceandfintechinsmartcity
AT huiwu researchontheimpactofgreenfinanceandfintechinsmartcity
AT xiaomingu researchontheimpactofgreenfinanceandfintechinsmartcity
AT yuanjunzhao researchontheimpactofgreenfinanceandfintechinsmartcity
AT xiaoguangyue researchontheimpactofgreenfinanceandfintechinsmartcity