| Under the trend of digitization,digital finance,as an emerging financial service model,has become an important development direction for the financial industry.With the unique advantages of low cost,wide coverage and ease of use,digital finance has provided strong support to correct the imbalance of China’s traditional financial structure and promote the continuous growth of economic vitality.In recent years,the contradictions between China’s economic and social development have become increasingly prominent,especially the relationship between human beings and the natural environment needs to be improved.The rapid scale and mode of production can hardly support the high-quality development of China’s economy,and the construction of a green,resource-saving and environment-friendly production system has become an indispensable prerequisite for achieving efficient and high-quality development.With its obvious ecological characteristics and positive environmental externalities,digital finance has a leading role in building a green economic development system and accelerating high-quality economic development.With the rapid development of digital economy and the progress of network information technology,digital finance has completely changed the development of financial industry and related industries with its unique services.To this end,this paper attempts to explore the connection between digital finance and green economic growth.Firstly,the correlation between digital finance and green economy growth in the improvement of industrial structure is analyzed by using the intermediary effect model,and the mechanism and path of digital finance to green economy growth are analyzed.Secondly,it analyzes the heterogeneity of the promoting effect of digital finance on the growth of green economy in the east and middle west.Thirdly,this paper takes the use depth of digital finance as a threshold variable to construct a threshold model to test whether digital finance has a nonlinear impact on green economic growth.Finally,according to the project research results,corresponding policy suggestions are put forward to promote the green growth of national economy.The results show that digital finance plays a significant positive role in the growth of green economy.It is found that the upgrading of industrial structure plays an intermediary role in promoting the growth of green economy.After further testing the heterogeneity of the impact of digital finance on green economy growth,it is found that digital finance plays a more significant role in promoting green economy growth in eastern and western regions.Secondly,digital finance has a significant threshold effect on the growth of green economy.Finally,robustness test is carried out on the conclusions of this paper,and core explanatory variable measurement method is changed.The test results show that the conclusion is still valid and will not be affected by variable selection.This project combines the current two hot topics of digital finance and green economy,providing a new perspective for us to understand the relationship between the Internet,economic growth and environmental protection. |
