Awareness of the influence of environmental regulations and financial development on green technological progress by Chinese enterprises will help to promote the green transformation of China’s economy, thereby comprehensively enhancing the quality and competitiveness of its economic development. This paper constructs a theoretical framework to analyze environmental regulation, financial development, and green technological progress and studies the relationship among these three indicators using 2004–2018 data from Shandong province. The results show that environmental regulations and financial development both play roles in promoting green technological progress, but as environmental regulation becomes stronger, the effects of finance on green technological progress begin to differ across regions. The results partially verify the applicability of the Porter hypothesis in China, providing a reference for all levels of government to formulate scientific and reasonable environmental rules and policies.
27 August 2020 in International Journal of Finance & Economics
With the rapid development of China's economy and society, the quality of life of residents has continued to improve, and the concept of health has gradually taken root in the hearts of the people. This paper uses the 2018 data of the China Family Panel Studies (CFPS) to analyze the internal mechanism and influencing factors of participating in physical exercise on the health level of residents. The results show that participating in physical exercise can significantly improve the subjective and objective health level of residents, and the result passed two important robustness tests. Heterogeneous test shows that the degree of influence of participation in physical exercise on the health level of residents varies according to the different regional and individual characteristics; the effect of urban residents' physical exercise to improve their health level is better than that of rural residents; and the effect of physical exercise on the improvement of health level is more obvious in the eastern and western areas, those who have not completed compulsory education, and those with high incomes. This study will have strong guiding significance for the improvement of the overall level of national health in China and will provide a theoretical basis and guiding opinions for the construction of healthy China.