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A Study on the Impact of the Synergistic Effects of Green Finance and Environmental Regulation on China's High-Quality Economic Development: An Empirical Analysis from a Heterogeneous Regional Perspective

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Empirical analysis reveals synergistic effects of green finance and environmental regulation on economic development in varying regions.

The synergistic effects of green finance and environmental regulation enhance high-quality economic development across China.
Regions like the eastern and central areas see significant positive impacts, while western China shows weak and statistically insignificant effects.
Analysis employs a two-way fixed-effects model to understand the role of regional factors in economic advancements.
Findings highlight the need for tailored policies, with differing strategies suggested for eastern, central, and western China.

Zewei Zhang (2025) studied this question.

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