Analysis of the Effect of Green Finance on Industrial Structure Upgrading
Abstract: Based on the actual data of green finance and industrial structure in China's many provinces from 2008 to 2017, this paper constructs a fixed effect model, analyzes the relationship between China's green finance and promoting the transformation of China's economic structure, and, on the basis of analyzing the national conclusion, expounds the regional characteristics and differences of the relationship between green finance in east and west China on the upgrading of industrial structure. According to the empirical research after the modeling of this paper, the positive correlation between green finance and the upgrading of China's industrial structure shows a significant positive correlation, green finance can effectively promote the transformation of China's economy from extensive to fine, but it is a pity that China's green finance is currently slow development and there are significant differences between the regions of the Eastern, Central and Western Regions, and it is necessary to deepen the development level of green finance to enhance its development efficiency, so as to make green finance to the industrial structure upgrading drive to a higher level.
Keywords: Green Finance, Industrial Structure Upgrade, Influential Effect, Fixed Effect Model
How to Cite?: YANG Xiao-lu, "Analysis of the Effect of Green Finance on Industrial Structure Upgrading", Volume 9 Issue 4, April 2020, International Journal of Science and Research (IJSR), Pages: 815-823, https://www.ijsr.net/getabstract.php?paperid=SR20413062119, DOI: https://dx.doi.org/10.21275/SR20413062119