The spatial threshold effect and its regional boundary of financial agglomeration on green development: A case study in China

doi:10.1016/j.jclepro.2019.118670

	The spatial threshold effect and its regional boundary of financial agglomeration on green development: A case study in China
	Yuan, Huaxi 1,3; Feng, Yidai 1,5; Lee, Jay 2,3; Liu, Haimeng 4; Li, Ruzi 1
刊名	JOURNAL OF CLEANER PRODUCTION
	2020-01-20
卷号	244 页码:16
关键词	Financial agglomeration Green development Spatial threshold effect Regional boundary SSBM model SPDM_PTR model
ISSN号	0959-6526
DOI	10.1016/j.jclepro.2019.118670
通讯作者	Feng, Yidai(fyidai@email.ncu.edu.cn) ; Lee, Jay(jlee@kent.edu)
英文摘要	Financial agglomeration is a key approach to the green transition of China's economy and society. However, few studies have examined the spatial threshold effect on the regional boundary of financial agglomeration. In this paper, the mechanism of the spatial threshold effect is analyzed with spatial panel Durbin model and panel threshold regression (SPDM_PTR) model over 272 prefectural-level cities in China from 2003 to 2014. The results show: (1) Financial agglomeration plays an important role in promoting local green development. (2) The spatial spillover effect progresses in stages. When the agglomeration level exceeds 1.949, the spatial spillover effect of high-level financial agglomeration is significantly stronger as opposed to medium- and low-levels. (3) The regional boundary of the spillover effect changes with the financial agglomeration level, with 1480 Km for high-level, 860 Km for medium-level and 700 Km for low-level financial agglomeration. These findings suggest concrete evidence for developing policies for further encouraging green development of regional financial agglomerations. (C) 2019 Published by Elsevier Ltd.
资助项目	National Social Science Foundation of China[18ZDA047] ; China Scholarship Fund of Study Abroad Program[201806820047] ; tutorial class of training project for young Marxists in Jiangxi[19QM22] ; National Natural Science Foundation of China[41801164]
WOS关键词	ENVIRONMENTAL-REGULATION ; ENERGY EFFICIENCY ; CARBON EMISSIONS ; PATH DEPENDENCE ; ECONOMIES ; IMPACT ; GROWTH ; URBANIZATION ; INDUSTRIES ; PRODUCTIVITY
WOS研究方向	Science & Technology - Other Topics ; Engineering ; Environmental Sciences & Ecology
语种	英语
出版者	ELSEVIER SCI LTD
WOS记录号	WOS:000503172600180
资助机构	National Social Science Foundation of China ; China Scholarship Fund of Study Abroad Program ; tutorial class of training project for young Marxists in Jiangxi ; National Natural Science Foundation of China
内容类型	期刊论文
源URL	[http://ir.igsnrr.ac.cn/handle/311030/130827]
专题	中国科学院地理科学与资源研究所
通讯作者	Feng, Yidai; Lee, Jay
作者单位	1.Nanchang Univ, Sch Econ & Management, Nanchang 330031, Jiangxi, Peoples R China 2.Henan Univ, Coll Environm & Planning, Kaifeng 475001, Henan, Peoples R China 3.Kent State Univ, Dept Geog, Kent, OH 44240 USA 4.Chinese Acad Sci, IGSNRR, Beijing 100101, Peoples R China 5.Univ N Carolina, Dept City & Reg Planning, Chapel Hill, NC 27599 USA
推荐引用方式 GB/T 7714	Yuan, Huaxi,Feng, Yidai,Lee, Jay,et al. The spatial threshold effect and its regional boundary of financial agglomeration on green development: A case study in China[J]. JOURNAL OF CLEANER PRODUCTION,2020,244:16.
APA	Yuan, Huaxi,Feng, Yidai,Lee, Jay,Liu, Haimeng,&Li, Ruzi.(2020).The spatial threshold effect and its regional boundary of financial agglomeration on green development: A case study in China.JOURNAL OF CLEANER PRODUCTION,244,16.
MLA	Yuan, Huaxi,et al."The spatial threshold effect and its regional boundary of financial agglomeration on green development: A case study in China".JOURNAL OF CLEANER PRODUCTION 244(2020):16.