Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 73 , 05 March 2024


Open Access | Article

An Empirical Analysis of the Impact of Green Investment on China's Green Development Level: Based on Mediating and Spatial Spillover Effects

Liu Jing * 1
1 School of Management, Hangzhou Dianzi University, Zhejiang Hangzhou 310018,China

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 73, 83-99
Published 05 March 2024. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Liu Jing. An Empirical Analysis of the Impact of Green Investment on China's Green Development Level: Based on Mediating and Spatial Spillover Effects. AEMPS (2024) Vol. 73: 83-99. DOI: 10.54254/2754-1169/73/20231306.

Abstract

This study, based on panel data from 30 provinces in China from 2007 to 2020, employs the Super Efficiency SBM model to measure the green total factor productivity of each province. By constructing mediating effect models and spatial econometric models, it conducts an empirical investigation into the mechanisms and spatial characteristics of how green investments promote China's green development. The results reveal that, at an overall level, green investments play a positive role in influencing China's green development. Regarding the influence pathways, innovative green technology advancements, both in terms of inventions and improvements, are important mediating channels through which green investments promote green development, with inventions having a stronger mediating effect. In terms of regional heterogeneity, green investments significantly promote green development in the eastern and central regions, while their promotion effect in the western regions is less pronounced. Concerning spatial spillover characteristics, green investments not only drive local green development levels but also stimulate the green development in surrounding areas through spatial spillover effects.

Keywords

Green Investment, Green Technology Innovation, Mediating Effect, Green Development Level

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-319-7
ISBN (Online)
978-1-83558-320-3
Published Date
05 March 2024
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/73/20231306
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated