Wang, T.; Cao, B.; Li, A. Economic Policy Uncertainty’s Spatial Spillover Impacts on Green Economy Efficiency. Preprints2024, 2024011852. https://doi.org/10.20944/preprints202401.1852.v1
APA Style
Wang, T., Cao, B., & Li, A. (2024). Economic Policy Uncertainty’s Spatial Spillover Impacts on Green Economy Efficiency<strong><b> </b></strong><strong> </strong>. Preprints. https://doi.org/10.20944/preprints202401.1852.v1
Chicago/Turabian Style
Wang, T., Biru Cao and Ang Li. 2024 "Economic Policy Uncertainty’s Spatial Spillover Impacts on Green Economy Efficiency<strong><b> </b></strong><strong> </strong>" Preprints. https://doi.org/10.20944/preprints202401.1852.v1
Abstract
Green economy has emerged as a significant pillar of sustainable development in the current global context, and the unpredictability of economic policy has progressively garnered the interest of businesses and government officials as one of the obstacles they must confront. This paper examines how uncertainty in the green economy impacts the green economy's efficacy. The research concentrates on how changes in a particular region can result in geospatial diffusion (spatial spillover), which is a form of spatial spillover wherein the uncertainty of the green economy can impact its efficacy. This paper examines the policy formulation and current state of the green economy across various regions, as well as the diffusion of economic policy uncertainty across geographical areas and the subsequent impact on the green economy's status quo. There is a negative correlation between economic policy uncertainty and green economy efficacy, according to research. There is a spatial spillover effect between economic policy uncertainty and the efficacy of the green economy. Regional variations exist in the impact of economic policy uncertainty on the efficacy of the green economy. The findings indicate that the implementation of AI has a more substantial beneficial effect on carbon emissions. An increase in carbon dioxide emissions poses a growing challenge for the industrial sector in its pursuit of carbon neutrality.
Keywords
Economic policy uncertainty; Green economic efficiency;Spatial Durbin modelSpatial Moran index
Subject
Business, Economics and Management, Other
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
