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...
Saved in:
Main Authors: | , , , , , |
---|---|
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 |