Green technology application, open finance, and the path to carbon neutrality: an empirical analysis based on China and Germany

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2026-03-01 Epub Date: 2026-01-09 DOI:10.1016/j.frl.2026.109502

Tianshui Lin, Xiangtian Li

引用次数: 0

Abstract

This study conducts an empirical analysis using monthly panel data from China and Germany between January 2001 and December 2023 to explore the relationships among green technology application (GTA), open finance, and carbon neutrality (CN). The empirical results confirm that GTA has a significant positive effect on achieving CN. Further interaction analysis indicates that the interplay between GTA and open finance significantly promotes CN. In addition, this study examines the mediating role of R&D investment in the relationship between GTA and CN. Through heterogeneity analysis, the study finds that the impact of GTA on CN varies significantly across countries at different stages of economic development. Further analysis reveals that green technology policy measures in China and Germany play a crucial role in advancing the CN process.

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绿色技术应用、开放金融与碳中和之路——基于中国和德国的实证分析

本文利用2001年1月至2023年12月中国和德国的月度面板数据进行实证分析，探讨绿色技术应用（GTA）、开放金融和碳中和（CN）之间的关系。实证结果证实，GTA对实现CN具有显著的正向作用。进一步的相互作用分析表明，GTA与开放金融的相互作用显著促进了中国的发展。此外，本研究亦检视研发投入在GTA与CN关系中的中介作用。通过异质性分析，研究发现GTA对CN的影响在不同经济发展阶段的国家之间存在显著差异。进一步的分析表明，中德两国的绿色技术政策措施在推动中国技术联盟进程中发挥了至关重要的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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