Research on the Influence Trend of Green Credit Policy on Innovation Ability and Economic Development of Heavy Polluting Enterprises

DOI

10.2991/978-94-6463-845-5_41How to use a DOI?

Keywords

Green credit policy; heavy polluting enterprises; green innovation; dynamic evaluation model; regional heterogeneity; ownership heterogeneity; dual carbon target

Abstract

In the “carbon neutrality” goal, the green credit policy as an important tool for promoting the green transformation of the industrial structure, urgently needs in-depth exploration of its policy effects. Based on the panel data of Chinese A-share listed companies from 2008 to 2023, this paper analyzes the impact of the green credit policy on the green innovation and economic development of heavy-polluting enterprises by constructing a panel data regression model. The research findings are as follows: First, the green credit policy shows a non-linear characteristic of “short-term inhibition and long-term promotion” on the green innovation ability of heavy-polluting enterprises; Second, the policy effects exhibit significant heterogeneity, with enterprises in coastal areas and private enterprises responding more quickly to the policy; Third, the policy has a promoting effect on green innovation for both heavy-polluting and non-heavy-polluting enterprises, but the marginal effect of the policy on heavy-polluting enterprises is weaker. This study provides theoretical basis and practical implications for improving the green financial policy system and achieving high-quality economic development.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yixuan Wang
AU  - Rong Pan
PY  - 2025
DA  - 2025/09/16
TI  - Research on the Influence Trend of Green Credit Policy on Innovation Ability and Economic Development of Heavy Polluting Enterprises
BT  - Proceedings of the 2025 6th International Conference on Management Science and Engineering Management (ICMSEM 2025)
PB  - Atlantis Press
SP  - 391
EP  - 400
SN  - 2667-1271
UR  - https://doi.org/10.2991/978-94-6463-845-5_41
DO  - 10.2991/978-94-6463-845-5_41
ID  - Wang2025
ER  -