Temporal and spatial evolution of the combined and coordinated growth of green finance, new urbanization, and rural industry revitalization and the driving mechanisms
View abstract on PubMed
Summary
This summary is machine-generated.Coordinating green finance, new urbanization, and rural revitalization in China is crucial. Findings reveal lagging green finance and potential regional polarization, necessitating tailored development strategies.
Area Of Science
- Environmental Economics
- Regional Science
- Urban and Rural Planning
Background
- Coordinating green finance, new urbanization, and rural industry revitalization is a key challenge in China.
- Existing research lacks a comprehensive framework for analyzing the coupled and coordinated development of these three systems.
Purpose Of The Study
- To develop a mechanistic framework for analyzing the coupling and coordination between green finance, new urbanization, and rural industry revitalization.
- To investigate the temporal and spatial evolution of this coordination and its driving mechanisms in China.
Main Methods
- Development of a coupling coordination framework.
- Application of the spatial Durbin model to analyze temporal and spatial evolution and driving factors.
- Analysis of regional heterogeneity in development.
Main Results
- Green finance development lags behind the progress of new urbanization and rural industry revitalization.
- The degree of linkage coordination exhibits a potential polarization phenomenon across regions.
- Economic development and government administration positively influence neighboring areas, while rural transport infrastructure has a negative impact.
- Regional disparities exist, with central regions facing impediments while eastern and western regions show promotion.
Conclusions
- Accelerating green credit and investment is essential.
- Addressing potential inter-provincial polarization and focusing on key coordination factors are critical.
- Tailored, regionally specific development strategies are needed to overcome spatial heterogeneity and promote coupled and coordinated growth.
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