| In recent years,fog and haze phenomenon has continued to appear in most cities,which sounded the alarm on the issue of environmental pollution.“The 13 th Five-Year Environmental Protection Plan” is proposed to vigorously develop the green environmental industry.The country introduced the green financial development views in July,2016.It should combine finance and environment protection with sustainable economic development and at the meantime,it should support the industrial development through innovational cooperation patterns/policies and mechanisms.So it plays a significant role to explore the regional finance,financial concentration and environmental protection industry in space research.This paper analyzes the five mechanisms of regional financial which has an impact on the comprehensive development of environmental protection industry.The total benefit is consist of economic benefits,social benefits and ecological benefits.And I use panel model and spatial panel model to analyze the importance of mechanisms and spillover benefit with provincial panel data.The main findings are: The comprehensive benefits of environmental protection industry showed significant autocorrelation.Financial agglomeration,financial capital support,corporate supervision and the impact of green finance is the most significant path,in which the role of financial agglomeration is the best dramatic.And it has a long-term development in the industry there is positive space spill effect;according to information asymmetry and Policy lag,financial capital allocation,government guidance have a negative impact on the environmental protection industry.We should focus on the impact path and intensity of green finance and industrial development.We should not only strengthen the funds,but also promote the comprehensive efficiency of the industry. |
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