Research Article
The Impact of Green Finance Development on China’s Energy Structure Optimization
Table 2
Definitions of main variables.
| Variable | Variable name | Variable meaning | Variable method |
| Explained variable | TEC | Traditional energy consumption | Logarithm of coal consumption | | Renewable energy consumption | Logarithm of hydropower consumption | Explanatory variable | GFI | Green financial development level | Green finance development index | Control variable | LUR | Urbanization level | Logarithm of urban population | ISI | Industrial structure | Logarithm of added value of the secondary industry | LGV | Level of government intervention in economy | Logarithm of government expenditure | LOPRN | Economic openness | Logarithm of total import and export | TPI | Technological progress in broad sense | Logarithm of the average number of students in secondary and tertiary institutions per 100,000 people |
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