普惠金融支持光伏发电发展的空间效应研究

doi:10.16381/j.cnki.issn1003-207x.2019.2128

Abstract

Abstract: China's Photovoltaic (PV) power develops rapidly in recent years under the support of feed in tariff subsidy. However, it is facing the severe challenge of subsidy phase out. So it is very important to solve the financing problem of photovoltaic power generation. Although the overall level of access to financial services has improved in last ten years in China, there are still obvious problems of unbalanced development in space. Therefore, the spatial correlation of China's inclusive financial development index and its role in promoting the development of China's photovoltaic power generation has been tested in this paper. The results show that (i) the development level of China's inclusive finance shows a pattern of low in the West and high in the East, while the development of photovoltaic power generation also has significant spatial heterogeneity; (ii) PV panel is mainly installed in the western region with abundant solar irradiation resource at its early stage, however new PV is mainly installed in the eastern region with higher level of Inclusive Finance in recent years; (iii) it shows that the development of China's inclusive finance has a significant supporting effect on photovoltaic development, and the support has a spatial spillover effect. Therefore, compared with government subsidies, the improvement of the space inclusive finance can support the PV power development more effectively in China.

Key words: inclusive finance, photovoltaic power industry, spatial panel metrology model

CLC Number:

F061.5

LIU Xue-fei, ZHANG Qi, LI Yan, YU Le-an, WANG Ge. Study on the Spatial Effect of Inclusive Finance on Supporting the Photovoltaic Power Development[J]. Chinese Journal of Management Science, 2021, 29(8): 24-34.

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Study on the Spatial Effect of Inclusive Finance on Supporting the Photovoltaic Power Development

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