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October 1, 2025SustainabilityOpen Access

Exploring the Relationship Between Green Finance and Carbon Productivity: The Mediating Role of Technological Progress Bias

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Authors

DWDianwu WangChangchun University of TechnologyZYZina YuBeijing University of Posts and TelecommunicationsHLHaiying LiuChangchun University of Technology

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Overview

This analysis finds that green finance enhances carbon productivity, indicating technological progress biases play a significant role.

Key Points

  • Green finance increases carbon productivity by enhancing capital allocation and technological progress.
  • Moran’s index test shows significant spatial clustering of carbon productivity across provinces.
  • Capital-biased and energy-biased technological advances significantly mediate the influence of green finance.
  • In Central and Northeastern China, certain technological approaches enhance carbon productivity more effectively.

Cite This Study

Wang et al. (2025) studied this question.

synapsesocial.com/papers/68dd89defe798ba2fc497ca7https://doi.org/10.3390/su17198725
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