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The impact of green investment on environmental pollution: a case study of the Greater Bay Area
- 1 School of Economics, Jinan University, Guangzhou, China
* Author to whom correspondence should be addressed.
Abstract
With the increasing severity of global climate change and environmental pollution, green investment is gradually becoming a key component of economic development strategies in various countries. This study focuses on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), using a fixed-effects model to empirically analyze the mechanisms through which green investment, economic development, urbanization, and fiscal scale affect environmental pollution. The findings reveal that green investment significantly reduces environmental pollution levels, economic development and urbanization contribute positively to environmental quality improvement, while fiscal scale has varying regional impacts on the environment. This research further refines the theory of green finance and provides important references for promoting the coordinated development of regional economy and environment.
Keywords
green investment, environmental pollution, PM2.5, Greater Bay Area, fixed-effects model
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Cite this article
Tam,H. (2025). The impact of green investment on environmental pollution: a case study of the Greater Bay Area. Journal of Applied Economics and Policy Studies,18(3),10-18.
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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Journal：Journal of Applied Economics and Policy Studies
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