Research On The Impact Of Green Credit On Industrial Structure Optimization

In recent years,the contradiction between the rapid growth of China’s economy and the carrying capacity of resources and the environment has become increasingly prominent.Environmental protection issues need urgent attention.The traditional high-consumption and high-emission development model needs to be updated urgently,and there are also certain problems in the industrial structure.In order to support environmental protection,combat climate change and reduce energy pollution,China has issued plenty of green credit policies.At present,in the context of China’s active promotion of green credit development and industrial structure optimization,it have important meaning to study whether green credit has an impact on the majorization and revision of industrial structure in accordance with the inherent requirements of green development emphasized in the "14th Five-Year Plan Outline".This paper examines the influence of green credit on industrial structure majorization and revision from two levels: academic and quantitative analysis.In terms of academic analysis,this paper sorted out domestic and foreign literature and commented on it,introduced the relevant notion and related theories of green credit as well as industrial structure,as well as the impact mechanism of green credit on the optimization and upgrading of industrial structure.Then analyzed the development process and status quo of green credit and industrial structure in China,laying a theoretical foundation and practical foundation for the research.In terms of empirical analysis,the industrial structure optimization evaluation system is constructed through the two dimensions of industrial structure upgrading and industrial structure ecologicalization,and the weight of industrial structure upgrading and industrial structure ecologicalization is measured by the coefficient of variation method.A fixed effect model is established,and the specific impact of green credit on the optimization and upgrading of industrial structure is studied through correlation analysis,overall regression result analysis and regional regression result analysis.Then finally the relevant conclusions that green credit influence the revision of industrial structure are drawn.The research conclusions of this paper are as follows: On the whole,green credit has a positive impact on the optimization of industrial structure,and this impact may be lagging behind,and control variables such as energy prices,technological innovation levels and government expenditure levels have promoted the optimization of industrial structure to a certain extent.From a sub-regional point of view,most of the impact of green credit in the eastern,central and western regions on the optimization of industrial structure is significant,especially in the eastern and central regions,but the role of green credit in promoting the optimization of industrial structure in the eastern region is significantly greater than that in the central and western regions.Therefore,there are regional differences in the role of green credit in different regions.Based on academic analysis and quantitative analysis,this paper puts forward policy suggestions for establishing a standardization system,improving information disclosure and sharing mechanisms,realizing regional linkage development,and strengthening product innovation and talent training.