Research on Synergistic Co-Promotion Mechanism and Influencing Factors of Science and Technology Finance Efficiency and Carbon Emission Efficiency from the Perspective of Multi-Layer Efficiency Networks
Abstract
1. Introduction
2. Influencing Mechanism
2.1. Impact Pathways of STFE on CEE
2.2. Impact Pathways of CEE on STFE
2.3. Interaction of the STFE and CEE in the Network
3. Research Methodology and Data Description
3.1. Super-Efficient SBM Model
3.2. Establishment of Multi-Layer Networks
3.2.1. Single-Layer Network Construction
3.2.2. Multi-Layer Network Construction
3.3. Characteristic Indexes of Multi-Layer Networks
3.3.1. Network Node Characteristics
- The weighted degree value: The degree value of a node indicates the total number of connections, and this article adopts the weighted degree value of MN to measure the overall degree of connectivity and control ability of provinces in the network.
- Betweenness centrality: Betweenness centrality captures a node’s influence over others and its control of network resources, while betweenness centrality specifically quantifies the proportion of all shortest paths passing through the node, measuring its role as an intermediary in connecting other nodes.
- Closeness centrality: Closeness centrality reflects a node’s average distance to all other nodes in the network. A node with higher closeness centrality occupies a more central position and thus holds greater structural importance within the network.
3.3.2. Characteristics of Inter-Layer Association of Multi-Layer Networks
- Network assortativity coefficient: The network assortativity coefficient quantifies the degree correlation between nodes in the upper and lower layers of an MN. A positive coefficient indicates an assortative network, where high-degree nodes in one layer connect to high-degree nodes in the other, and low-degree nodes connect to low-degree nodes. Conversely, a negative coefficient signifies a disassortative network, characterized by connections between high-degree and low-degree nodes across layers, where and represent the degree values at both ends of an edge, and E denotes the total number of edges in the network.
- Network similarity: Based on studying the mating relationship between nodes of MN, the similarity exploration of the structure between the upper and lower layers of the network is also necessary to analyze the synergistic development of the two different systems. In this article, the common neighbor similarity is chosen to measure the network similarity. If the number of common neighbors of the upper and lower layer networks is greater, it means that their similarity is higher, and vice versa for when it is lower. The idea is based on product networks, where and are, respectively, the adjacency matrices, is the transpose matrix, and is the similarity of the two matrices at the st iteration, whose value is a number from to . The closer the value is to n, the more similar the MN is.
3.3.3. Community Division of Multi-Layer Networks
3.4. Network Robustness: Analysis on the Function of Multi-Layer Networks
3.5. Geo-Detectors: Analysis of Influence Factors of Multi-Layer Networks
3.6. Indicator System and Data Sources
3.6.1. Evaluation Indicator System for STFE
3.6.2. Evaluation Indicator System for CEE
4. Results and Discussion
4.1. Overall Evolution of the Spatial Structure of Multi-Layer Networks
4.2. Characterization of Multi-Layer Network Structures
4.2.1. Spatial and Temporal Evolution of Weighted Degree Value
4.2.2. Spatial and Temporal Evolution of Betweenness Centrality
4.2.3. Spatial and Temporal Evolution of Closeness Centrality
4.2.4. Trends in the Evolution of the Total Value of Network Structure Characteristics
4.3. Network Assortative Coefficients and Similarity
4.4. Structure of Community Division
4.5. Network Robustness Test Results
5. Detection of Influencing Factors
5.1. Selection of Impact Factors
5.2. Analysis of Single-Factor Impact Results
5.3. Interaction Detection Results
6. Discussion
7. Conclusions and Policy Implications
7.1. Conclusions
- (1)
- The evolution of the MN structure is a result of the synergistic development of the STFE network and the CEE network, and the network connectivity is spatially characterized by a spatial evolution pattern that gradually decreases from the eastern coastal region to the Midwest areas. The BTH region with Beijing as the core, the YRD region with Shanghai as the center, and the Qinghai–Gansu region in the west form a “triple-core, multi-zone” network structure development, gradually transforming from a sparse network relationship to a stable network pattern.
- (2)
- The results of the spatial and temporal evolution of network node characteristics show that the weighted degree value, betweenness centrality, and closeness centrality have significant spatial and temporal heterogeneity, and are more obvious in the regions with large network connections. The spatial distribution of weighted degree value shows that the high-value area is mainly focused on the east, and the overall association gradually spreads in space and the connection is enhanced. The overall spatial evolution trend of betweenness centrality is not obvious, and the high values are scattered in individual areas such as Shandong, Chongqing, and Shaanxi. Closeness centrality exhibits a pronounced spatial clustering pattern, predominantly concentrated in eastern coastal areas, although its temporal dynamics remain less distinct. The overall trends of these three structural characteristics indicate that the STFE network plays a dominant controlling role within the MN structure during the study period.
- (3)
- A negative network assortativity coefficient indicates disassortative coupling between MN layers, where high-degree nodes preferentially connect to low-degree nodes. The reason for this is that there are significant differences in capital absorption and technology transformation capacity between regions due to factors such as the intricacy of the financial system and the uneven distribution of the spatial pattern of carbon emissions. The evolution trend of the node similarity index based on common neighbors shows that the similarity between networks layers increases generally, and the number of neighbors owned by nodes in different layers is more and more convergent and close to each other, which indicates that the constructed MN structure has been optimized well.
- (4)
- Based on the optimization of the modularity function for the community division of the MN structure, it is found that the number of communities is reduced, and the agglomeration of the community structure is gradually enhanced. It is evident that under the promotion of the regional coordinated development strategy, the regional coordinated development situation presents a forward trend in multiple directions, and the regional coordination is constantly improving.
- (5)
- Testing the destruction resistance of the MN structure based on six destruction strategies reveals that the MN structure performs with better robustness than the single-layer network under destruction with different strategies and different degrees of node retention. Also from the results, it can be seen that nodes with large betweenness centrality show weaker resistance to destruction under the same destructive conditions. Accordingly, more attention should be paid to the areas with higher betweenness centrality when designing a higher robustness performance network structure for the MN in this article.
- (6)
- Based on the Geo-detector to analyze the influence effects of the influencing factors of the MN structure and the interactions among the factors, it can be found that the EDL, GSR, and ISU are the core factors affecting the weighted degree value and closeness centrality, while the betweenness centrality is mainly affected by the UL and FDI. Interactions among influencing factors are predominantly characterized by two-factor enhancement and non-linear enhancement, reflecting strong synergistic effects between them. For the three network structure indicators, the combinations of the ECS and other factors are all combinations with strong interactions, indicating that improving the ECS plays a key role in improving network centrality.
7.2. Policy Implications
- (1)
- According to the interactive relationship and correlation effect between different regions, there are many advantages of central nodes. By taking advantage of the central location of provincial nodes in the network, resources such as finance, Sci-Tech, and talents break through the limitations of geographical factors, and realize the circulation and effective allocation of resources in space. Nodes with higher weighted degree values assume the role of outward diffusion and connection, prompting the overall network spatial agglomeration to increase. The nodes with high betweenness centrality and closeness centrality should give full play to their role as “intermediaries” and focus on improving their absorption and transformation capacity in the process of guiding the dissemination and flow of resources. At the same time, when accumulating capital elements for themselves, they should introduce corresponding resources for the marginalized areas of the network and promote the connection between the marginalized areas and the central areas of the network.
- (2)
- Guiding the development of STF in synergy with the improvement of CEE. Exert the policy effect of the “Sci-Tech finance integration pilot”, strengthen regional cooperation in STF, and promote the balanced distribution of Sci-Tech and financial resources. To stimulate the economic growth and green technological innovation brought about by the development of STF, it is necessary to improve the market-oriented green technological innovation system. The government ought to strengthen policy support for innovative endeavors involving green technologies, such as increasing the procurement of green technologies and products, actively guiding credit funds to tilt towards low-carbon industries, and improving the innovation capacity of enterprises. Furthermore, this improves the supervision and management mechanism and information disclosure mechanism for enterprises. Pay attention to how energy-intensive companies and businesses use energy and how well they allocate carbon dioxide. This will encourage them to change their development strategies to become more environmentally friendly and allocate resources more efficiently. Establish an information disclosure mechanism for data on clean and low-carbon energy production and consumption in industries, and conduct comprehensive testing and management of energy use in relevant industries.
- (3)
- Focus on the issue of unbalanced regional development and promote coordinated regional development. To establish a regional synergistic mechanism for the transformation of low-carbon economic development, local governments should actively explore economic development methods and energy-saving and emission-reduction programs that adapt to the differences in the levels of development of different regions while promoting regional coordinated development strategies. For example, they should build shared information platforms, establish government performance evaluation mechanisms and open up inter-regional planning channels, in order to minimize the problems of uneven distribution of resources and insufficient information exchange brought about by unbalanced regional development, thereby further promoting coordinated inter-regional development.
- (4)
- Formulate differentiated policies that take into account the structural characteristics of the networks in each region. First, policy design should reinforce the synergistic effects of disassortative connections. The government should further encourage pairing and cooperation between High-STFE and Low-CEE provinces within regional collaborative reduction mechanisms. By establishing cross-regional green technology transfer platforms and co-constructing low-carbon demonstration zones, these disassortative connections can be transformed into sustainable pathways for efficiency improvement. Second, optimize the spatial allocation of Sci-Tech finance resources. Current disassortative connections indicate a clear directionality in resource flow. Policies should further guide Sci-Tech finance resources toward provinces with higher marginal benefits for carbon reduction, thereby enhancing the effectiveness of resource flows and avoiding “resource misallocation”. Third, promote the structural optimization of Multi-Layer Networks. A decrease in the absolute value of the disassortativity coefficient would indicate that the development gap between provinces is gradually converging and network synergy is strengthening. Future policies should continue to support central and western provinces in cultivating their indigenous sci-tech finance capabilities while improving carbon efficiency, gradually forming a more balanced and tightly knit collaborative network structure.
- (5)
- Taking into account the impact of the influencing factors on the indicators of network structures from 2011 to 2020, “categorization and treatment” will be implemented for different regions. We should fully utilize the resource advantages of areas with more advanced economies, enhance economic exchanges with other regions, and actively guide the government’s financial expenditure on Sci-Tech to regions with higher weighted degree value and closeness centrality, and create a platform for the collaborative sharing of technological resources across regions. The positive effects of foreign direct investment should be continuously promoted in regions with high betweenness centrality. In addition, for the region as a whole, energy project cooperation and technology exchanges should be strengthened between regions.
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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| Primary Index | Secondary Index | Data Description | Index Properties |
|---|---|---|---|
| Input indicators | Labor input | Full-time equivalent of R&D personnel (person-year). | + |
| Capital input | Internal expenditure of R&D funds (CNY 104). | + | |
| Financial input | Financial allocations for Sci-Tech (billions). | + | |
| Sci-Tech finance input | Sci-Tech loans from financial institutions (CNY 104). | + | |
| Output indicators | Scientific and technical output | Number of patent applications granted (pieces). | + |
| Commercial output | Technology market turnover (billions) | + | |
| Technical output | Main business income of high-tech industries (billions). | + | |
| Science and innovation output | Revenue from sales of new products (CNY 104). | + |
| Primary Index | Secondary Index | Data Description | Index Properties |
|---|---|---|---|
| Input indicators | Capital factor | Perpetual inventory method for measuring calendar year capital stocks by province (billions). | + |
| Labor factor | Number of employees at the end of the year by province (104 people). | + | |
| Energy factor | Energy consumption by province (tons of standard coal). | + | |
| Expected outputs | Gross domestic product (GDP) | Gross domestic product (GDP) by province (billions). | + |
| Non-expected outputs | Carbon emissions | Product of energy sources and CO2 emission factors (tons). | − |
| Explained Variable | Influencing Factors | Data Description |
|---|---|---|
| Economic development level (X1) | GDP per capita by province (CNY). | |
| Weighted degree value (Y1) | Urbanization level (X2) | Share of urban population as a part of total regional population (%). |
| Government support rate (X3) | Share of local financial expenditure on Sci-Tech as a part of general budget expenditure (%). | |
| Betweenness centrality (Y2) | Foreign direct investment level (X4) | Foreign direct investment as a share of GDP (%). |
| Technological progress rate (X5) | Share of regional patent grants as a part of total national patent grants (%). | |
| Closeness centrality (Y3) | Industrial structure upgrading (X6) | Value added of tertiary sector as a share of GDP (%). |
| Energy consumption structure (X7) | Share of coal consumption as a portion of energy consumption (%). |
| Variable | 2011 | 2014 | 2017 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Y1 | Y2 | Y3 | Y1 | Y2 | Y3 | Y1 | Y2 | Y3 | Y1 | Y2 | Y3 | |
| X1 | 0.390 *** | 0.107 *** | 0.413 *** | 0.354 *** | 0.100 *** | 0.499 *** | 0.293 *** | 0.486 *** | 0.257 *** | 0.260 *** | 0.174 *** | 0.312 *** |
| X2 | 0.145 *** | 0.195 *** | 0.155 *** | 0.184 *** | 0.168 *** | 0.335 *** | 0.222 *** | 0.363 *** | 0.153 *** | 0.531 *** | 0.407 *** | 0.402 *** |
| X3 | 0.694 *** | 0.375 *** | 0.524 *** | 0.628 *** | 0.135 *** | 0.104 *** | 0.478 *** | 0.155 *** | 0.422 *** | 0.351 *** | 0.241 *** | 0.213 *** |
| X4 | 0.010 | 0.026 ** | 0.161 *** | 0.056 *** | 0.080 *** | 0.428 *** | 0.141 *** | 0.414 *** | 0.294 *** | 0.251 *** | 0.352 *** | 0.399 *** |
| X5 | 0.201 *** | 0.094 *** | 0.238 *** | 0.465 *** | 0.221 *** | 0.412 *** | 0.362 *** | 0.052 *** | 0.389 *** | 0.292 *** | 0.208 *** | 0.348 *** |
| X6 | 0.445 *** | 0.057 *** | 0.377 *** | 0.180 *** | 0.129 *** | 0.269 *** | 0.186 *** | 0.301 *** | 0.239 *** | 0.267 *** | 0.055 *** | 0.327 *** |
| X7 | 0.286 *** | 0.111 *** | 0.359 *** | 0.180 *** | 0.017 * | 0.066 *** | 0.220 *** | 0.329 *** | 0.381 *** | 0.365 *** | 0.041 *** | 0.110 *** |
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© 2026 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license.
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Ding, R.; Liang, J. Research on Synergistic Co-Promotion Mechanism and Influencing Factors of Science and Technology Finance Efficiency and Carbon Emission Efficiency from the Perspective of Multi-Layer Efficiency Networks. Systems 2026, 14, 52. https://doi.org/10.3390/systems14010052
Ding R, Liang J. Research on Synergistic Co-Promotion Mechanism and Influencing Factors of Science and Technology Finance Efficiency and Carbon Emission Efficiency from the Perspective of Multi-Layer Efficiency Networks. Systems. 2026; 14(1):52. https://doi.org/10.3390/systems14010052
Chicago/Turabian StyleDing, Rui, and Juan Liang. 2026. "Research on Synergistic Co-Promotion Mechanism and Influencing Factors of Science and Technology Finance Efficiency and Carbon Emission Efficiency from the Perspective of Multi-Layer Efficiency Networks" Systems 14, no. 1: 52. https://doi.org/10.3390/systems14010052
APA StyleDing, R., & Liang, J. (2026). Research on Synergistic Co-Promotion Mechanism and Influencing Factors of Science and Technology Finance Efficiency and Carbon Emission Efficiency from the Perspective of Multi-Layer Efficiency Networks. Systems, 14(1), 52. https://doi.org/10.3390/systems14010052

