| Since the reform and opening up,China’s economy has continued to grow rapidly and achieved world-renowned achievements,but it has also brought serious challenges to environmental resources such as resource depletion,global warming,and seasonal smog.Faced with this situation,General Secretary Xi Jinping put forward the concept of green development,which is intended to transform the production model and realize the transformation of the ecosystem from ecological deficit to ecological surplus.Since the 18 th National Congress of the Communist Party of China,General Secretary Xi Jinping has faced the ecological and environmental problems brought about by the traditional industrialization development model,and has repeatedly emphasized the need to build an ecological civilization and develop a green economy.Green,in the narrow sense,refers to the sustainable development of natural resources,and in the broad sense,it refers to the coordinated development of natural resources and the ecological environment.Green development is a means,and the ultimate goal is to improve green welfare.This article mainly studies the impact of green investment on green welfare from the perspective of resource richness.First,it systematically sorts out related research at home and abroad,defines the related concepts of green welfare,green investment,and resource richness,and The theory was analyzed.Secondly,a variety of methods are used to measure the performance of green welfare.At the same time,the data of 30 provinces in China from 1999 to 2017 are selected as the research sample(because the data in Tibet are difficult to obtain,they are not included),and the GMM model is used.Empirical research was conducted on the impact and mechanism of green investment on green welfare.Considering that regional resource richness may have a certain impact on green welfare,this article also discusses the impact of resource richness on green investment and green welfare..The study found that although the green welfare of Chinese residents has been improving in recent years,the overall level is relatively low,and there are significant differences in green welfare among regions.Green welfare in Beijing,Shanghai,and Guangdong is relatively high,while Shanxi,Hunan,Guangxi,etc.The area is lower.From the eastern,central and westernregions,the eastern coastal area is much higher than the central and western regions.The eastern region mainly uses environmentally friendly production technologies to promote the improvement of green welfare.The central and western regions of China have absolute advantages in scale efficiency.Promote regional development.Green investment has a significant positive impact on green welfare.For every 100% increase in green investment,green welfare increases by 2.24%.Other research results show that education level and openness level can promote green welfare.In terms of transmission channels,green investment mainly has a positive impact on the growth of green welfare by increasing residents ’ economic income,improving the environment,and reducing income inequality channels.In addition,the article discusses the impact of resource richness on green investment.The study found that resource richness has a significant promotion effect on green investment,and the impact of green investment on green welfare in regions with high resource richness is also more significant.Research has added more paths to the promotion of green welfare.Finally,according to the conclusion of the study,the corresponding policy recommendations are put forward. |
