Research Article
Does Credit Loans of Banks Affect the New Energy Technology Power Industry Growth? —Evidence from Commercial Banks in Guangxi
@INPROCEEDINGS{10.4108/eai.17-6-2022.2322699, author={Cuiying Pan and Pingping Huang}, title={Does Credit Loans of Banks Affect the New Energy Technology Power Industry Growth? ---Evidence from Commercial Banks in Guangxi}, proceedings={Proceedings of the International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2022, 17-19 June 2022, Qingdao, China}, publisher={EAI}, proceedings_a={ICIDC}, year={2022}, month={10}, keywords={financial support; new energy technology power generation industry; vector auto regression; commercial bank credit loan}, doi={10.4108/eai.17-6-2022.2322699} }- Cuiying Pan
Pingping Huang
Year: 2022
Does Credit Loans of Banks Affect the New Energy Technology Power Industry Growth? —Evidence from Commercial Banks in Guangxi
ICIDC
EAI
DOI: 10.4108/eai.17-6-2022.2322699
Abstract
In the era of information technology economy, the deep integration of the digital revolution and the energy revolution provides new impetus and possibilities for the development of the energy technology power generation industry. However, energy shortage and carbon emissions have become the focus of attention in our country. This paper draws on various experiences of domestic and foreign commercial bank credit in the new energy technology power generation industry to demonstrate that commercial bank credit supports the development of new energy technology power generation industry in Guangxi. Through VAR model analysis, it is found that commercial bank credit has a positive role in promoting the development level of Guangxi's new energy technology power generation industry, and government support as a control variable also promotes new energy technology power generation industry.