Abstract
Green investment goods are crucial in fostering sustainable economic growth by focusing on ecological conservation and environmental governance. We use panel data from 30 provinces and cities in China from 2010 to 2022 to construct a simultaneous NARDL equation model. The findings show green investments positively affect clean energy and economic growth.Consumer behavior and GDP show a positive U-shaped link, while carbon emissions versus GDP follow an inverted U-shaped EKC pattern. Based on the study findings, green investment is recommended to stimulate consumer behavior and foster economic development effectively.
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