| ID | 186213 |
| Title Proper | Does Bank Competition Promote Corporate Green Innovation? evidence from the Location of Bank Branches |
| Language | ENG |
| Author | Yufeng Xia,Peisen Liu ; Xia, Yufeng ; Liu, Peisen |
| Summary / Abstract (Note) | Based on the geographic coordinates of bank branches and firms, this study analyzes the impact of firm-level bank competition on corporate green innovation and its underlying mechanisms. The findings of this study are mainly as follows. First, bank competition promotes corporate green innovation by reducing transaction costs, increasing the possibility and quantity of firms applying for green patents. Second, bank competition increases the share of green innovation while reducing the share of nongreen innovation. Third, environmental regulation strengthens the promotion effect of bank competition on corporate green innovation, and the strengthening effect is greatest when environmental regulation is between its 50th and 75th quantile. The proportion of state-owned banks weakens the promotion effect of bank competition on corporate green innovation. This paper is helpful to understand the impact of the banking system on sustainable economic development. |
| `In' analytical Note | China and World Economy Vol. 30, No.2; Mar-Apr 2022: p.84-116 |
| Journal Source | China and World Economy Vol: 30 No 2 |
| Key Words | Green Innovation ; Bank Competition ; Environmental Regulation ; Financing Costs ; Geographic Distribution |