Analysis of Green Financial Policy Utility: A Policy Incentive Financial Mechanism Based on State Space Model Theory Algorithm

Abstract

In recent years, in the context of “double carbon” and innovation-driven synthesis, the volume of green finance has been growing year by year, and the intensity of environmental regulation has been stabilizing. As green financial technology innovation cannot be separated from the support of financial market and government policies, how to promote green financial technology innovation with green finance and environmental regulation has become a hot issue. How to control the appropriate strength of environmental regulations to promote green financial technology innovation is a matter of continuous exploration by local governments. The research of this paper is about the utility analysis of green finance policy: a policy incentive financial mechanism based on the state space model theory algorithm. Therefore, this paper introduces the theory of green finance based on the state space model algorithm and neural network model algorithm to study China’s green finance policy incentive mechanism, profoundly study the current situation of domestic green finance development, and put forward further strengthen the leading role of the government in green financial innovation. At the same time, suggestions for achieving coordinated regional development were made in terms of giving full play to the role of financial markets in promoting green technology innovation.

How Does Green Finance Affect the Sustainable Development of the Regional Economy? Evidence from China

“…As regards choosing the method to measure green finance and SDRE, some research adopted an innovative green finance development index system and found that green finance activities could effectively deal with environmental damage by optimizing resource allocation [5][6][7][8][9][10]. Mohsin et al (2020) [7] comprehensively assessed the development level of the green economy in developed and developing countries by building a low-carbon financial index system.…”

“…Ren and Wu (2022) [8] used the global Malmquist-Luenberger productivity index to measure China's green total factor energy efficiency and recommended promoting carbon neutrality. Wan et al (2022) [9] used the national spatial model and neural network algorithm to analyze the incentive mechanism of green finance policies. Bai et al (2022) [10] took economic growth and industrial structure as threshold variables to test the inhibition effect of green finance on carbon emissions.…”

Retracted: Analysis of Green Financial Policy Utility: A Policy Incentive Financial Mechanism Based on State Space Model Theory Algorithm

“…This article has been retracted by Hindawi following an investigation undertaken by the publisher [1]. This investigation has uncovered evidence of one or more of the following indicators of systematic manipulation of the publication process:…”