Evidence from China's shipping sector on the impact of fiscal measures in enabling a low-carbon economic transition

Wu, Wei; Zhao, Min; Ji, Zheng; Haroon, Muhammad

doi:10.1016/j.heliyon.2024.e30147

Heliyon

2024

DOI: 10.1016/j.heliyon.2024.e30147

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Evidence from China's shipping sector on the impact of fiscal measures in enabling a low-carbon economic transition

Wei Wu,

Min Zhao,

Zheng Ji

et al.

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Cited by 3 publications

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Impact of sustainable energy, fossil fuels and green finance on ecosystem: Evidence from China

Wang,

Zeng,

Khan

2024

Heliyon

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Impact of sustainable energy, fossil fuels and green finance on ecosystem: Evidence from China

Wang,

Zeng,

Khan

2024

Heliyon

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Liang,

Ullah

2024

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Discussion on the development of sports industry in China based on the perspective of “low carbon economy”

2024

Applied Mathematics and Nonlinear Sciences

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Low-carbon economy is an important part of national strategic objectives, which not only refers to an ecological and environmental economic model but also is the main direction for the development of the sports industry. Based on the characteristics and components of the low carbon economy, this paper utilizes the environmental Kuznets curve and decoupling theory to set the goal of low carbon economy development in the sports industry and explore the influence mechanism of low carbon economy on the structural development of the sports industry. Starting from the perspective of the development of the sports industry structure, a multi-period double-difference model is designed to calculate the net effect of a low-carbon economy on the sports industry structure. The relationship between the low carbon economy and the structural change of the sports industry is visualized using non-linear fitting and partial derivatives. The evaluation model of sports industry development capacity is constructed to evaluate the development of the sports industry from two perspectives: economic performance and economic value added. The experimental results show that the impact of a low carbon economy on the structure of the sports industry is divided into three stages, namely, coefficient value <0.15, coefficient value in [0.15, 0.25), and coefficient value ≤0.25. The low-carbon economy has a marginal positive effect on the sports industry in the second stage. The calculation of EVA value shows that the EVA value of the subject sports enterprises is greater than 0 from 2017 to 2023, which indicates that the sports industry realizes value creation along with the development of the low-carbon economy.

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Evidence from China's shipping sector on the impact of fiscal measures in enabling a low-carbon economic transition

Cited by 3 publications

References 31 publications

Impact of sustainable energy, fossil fuels and green finance on ecosystem: Evidence from China

Impact of sustainable energy, fossil fuels and green finance on ecosystem: Evidence from China

Analysis of crude oil and gold price volatility and their correlation during socio-economic crises

Discussion on the development of sports industry in China based on the perspective of “low carbon economy”

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