articleSustainable DevelopmentApr 9, 2025GREEN OA

Green Innovation and Fiscal Spending: Decoding the Path to Sustainable Development

INTI International University · Süleyman Demirel University · +8 more institutions

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Abstract

ABSTRACT This study investigates the impact of environmental and economic factors on carbon emissions (CAR) in China from 2007 to 2020, considering the Environmental Kuznets Curve (EKC) hypothesis. We employ the MM‐QR approach to analyze asymmetric relationships between Green Total Factor Productivity (GTFP), Fiscal Expenditure Technology (FTE), Green Technology Innovation (GTI), Innovation Level (INN), Gross Domestic Product (GDP), Human Capital (HC), and carbon emissions (CAR). Findings reveal that GTFP, FTE, GTI, and INN exert significant negative impacts on cCAR, with these effects strengthening at higher quantiles. This suggests that advancements in green technology and fiscal policies promoting…

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