Research on the Impact of Higher Education Financial Expenditures on Sustainable Economic Development from a Green Total Factor Productivity Perspective
Year: 2025
Type: article
Abstract: Guided by the goal of “double carbon,” China's economy is transitioning towards innovation-driven development and quality improvement. As a strategic intersection of technology, talent and innovation, higher education plays a key role in improving green total factor productivity and promoting sustainable economic development. Financial expenditure on higher education can effectively improve green total factor productivity and promote sustainable economic development. Mechanism analysis shows that the reform can improve green total factor productivity through two channels: human capital effects and green technology R&D and industrial transformation support. Finally, this paper puts forward suggestions on the mechanism of action, providing policy inspiration for subsequent improvement of green total factor productivity and promotion of sustainable economic development.
DOI: 10.54097/aq7cq432
Author: Qiuyi Zhu
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
SDG: Quality education
Open Access status: diamond
OpenAlex ID: W4408894865