Guo, Shu; Zhang, ZhongXiang - 2022
The green credit policy plays a vital role in promoting enterprise upgrading. Using a thirteen year panel data of … the Green Credit Guidelines in 2012 (GCG2012) on the firm level total factor productivity (TFP). Our results show that the … GCG2012 significantly increases the TFP of companies in green credit restricted industries. This finding remains robust …