An Empirical Test of Low-Carbon and Sustainable Financing’s Spatial Spillover Effect

In this paper, the panel data of 30 provinces in China from 2011 to 2019 are analyzed by spatial measure model and threshold regression model. The results show that air quality level is positively correlated with green finance, but there no effect. effect three influencing factors, including degree openness, infrastructure, education, crowding-out At same time, variables such as human resource level, quality, infrastructure construction all have effects relationship between finance economic development. research conclusions suggested local governments at levels should formulate policies according actual situation promote development provinces’ intensive, intelligent, development, build a regionally-linked model, thereby promoting improvement finance.