绿色金融试点对石化企业能源转型的影响研究OACHSSCD

The energy transition of the petrochemical industry is a key focus for China in achieving its"dual carbon"strategy and green development path.Based on panel data from Chinese petrochemical enterprises from 2012 to 2024,this study employs a multi-period difference-in-differences model to empirically evaluate the impacts and mechanism of the green finance pilot on the energy transition of petrochemical enterprises.The findings indicate that the green finance pilot significantly promotes the energy transition of petrochemical enterprises,and this effect is more pronounced for larger enterprises and those located in regions with higher levels of financial development.Mechanism tests indicate that the green finance pilot facilitates the energy transition of petrochemical enterprises through the government's constraining mechanism of typical policies and the market's representative incentive mechanism,and the carbon market system exhibits a favorable policy synergy effect with the green finance pilot.