PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2019 | 28 | 1 |

Tytuł artykułu

Does environmentalregulation affect the introduction of foreign direct investment in China? - Empirical research based on the spatial Durbin model

Autorzy

Warianty tytułu

Języki publikacji

EN

Abstrakty

EN
Based on the statistical data of 30 provinces in China from 2003 to 2014, this paper uses the spatial Durbin model to empirically test the influence of China’s urban environmental regulation on the introduction of foreign direct investment (FDI). The results show that there is significant spatial correlation between environmental regulation and FDI. Environmental regulation has a negative impact on the introduction of FDI, but the impact is not significant across the country, indicating that the evidence of the pollution haven hypothesis is insufficient in China. Then, the influential effect of environmental regulation on the introduction of FDI has obvious regional differences. The level of environmental regulation in the eastern region is positively correlated with the convenience in FDI introduction, while in the central and western regions, environmental regulation pose a hindrance to the introduction of FDI, which is remarkable only in the central area. In addition, labor costs and human capital levels have a direct effect on the introduction of FDI in the region. The level of regional economic development and R&D investment have a significant indirect impact on the introduction of FDI in surrounding areas, and economic openness has a significant impact on the introduction of FDI in all regions.

Słowa kluczowe

Wydawca

-

Rocznik

Tom

28

Numer

1

Opis fizyczny

p.415-424,fig.,ref.

Twórcy

autor
  • School of Public Administration, Guangdong University of Finance and Economics, Guangzhou, China
autor
  • Personnel Education Department, Foshan Municipal Local Taxation Bureau, Foshan, China
autor
  • School of Business Administration, Guangdong University of Finance and Economics, Guangzhou, China
autor
  • School of Public Administration, Guangdong University of Finance and Economics, Guangzhou, China

Bibliografia

  • 1. ZHANG K., ZHANG Z.Y., LIANG Q.M. An empirical analysis of the green paradox in China: From the perspective of fiscal decentralization. Energy Policy. 103, 203, 2017.
  • 2. KAMEYAMA Y., MORITA K., KUBOTA I. Finance for achieving low-carbon development in Asia: The past, present, and prospects for the future. Journal of Cleaner Production. 128 (2), 201, 2016.
  • 3. MOMODU A.S., ADDO A., AKINBAMI J.F.K., MULUGETTA Y. Low-carbon development strategy for the West African electricity system: Preliminary assessment using System dynamics approach. Energy Sustainability & Society. 7 (1), 11, 2017.
  • 4. EKINS P., DRUMMOND P., GÖRLACH B. Policy instruments for low-carbon development based on work from the EUFP7 project, CECILIA2050: Combining policy instruments to achieve Europe’s 2050 climate targets. Climate Policy. 17 (sup1), S1-S7, 2017.
  • 5. HAMPF B., RØDSETH K. L. Optimal profits under environmental regulation: The benefits from emission intensity averaging. Annals of Operations Research., 1-24, 2014.
  • 6. YUAN Y.J., XIE R.H. Environmental regulation and industrial green productivity growth:re-examination of “strong potter hypothesis”. Chinese Soft Science. 8 (07), 144, 2016.
  • 7. LI L., TANG D.L., KONG Y., YANG Y.H., LIU D.J. Spatial analysis of haze-fog pollution in China. Energy & Environment. 27 (6-7), 726, 2016.
  • 8. CHENG Z.H., LI L.S., LIU J. The emissions reduction effect and technical progress effect of environmental regulation policy tools. Journal of Cleaner Production. 149, 191, 2017.
  • 9. ZHANG H. Advances in environmental regulation competition. Environmental Economics Research. 4 (01), 99, 2017.
  • 10. ZHANG H. Exploring the impact of environmental regulation on economic growth, energy use, and CO2 emissions nexus in China. Natural Hazards. 84 (1), 213, 2016.
  • 11. YU B.B. China‘s urban economic growth effect of production service agglomeration model selection. Economic Theory and Economic Management. 1 (01), 98, 2016.
  • 12. ZHOU X.X, FENG C. The impact of environmental regulation on fossil energy consumption in China: Direct and indirect effects. Journal of Cleaner Production. 142 (4), 3174, 2016.
  • 13. ZHANG H. A study on the strategic interaction of regional environmental Regulation-An explanation of the incomplete execution of environmental regulation. China Industrial Economy. 4 (07), 74, 2016.
  • 14. BONDAROUK E., MASTENBROEK E. Reconsidering EU Compliance: Implementation performance in the field of environmental policy. Environmental Policy & Governance. (3), 2017.
  • 15. TOSUN J. Environmental monitoring and enforcement in europe: A review of empirical research. Environmental Policy & Governance. 22 (6), 437, 2012.
  • 16. TREIB O. Implementing and complying with EU governance outputs. Living Reviews in European Governance. 3, 1, 2008.
  • 17. MAZZANTI M., RIZZO U. Diversely moving towards a green economy: Techno-organisational decarbonisation trajectories and environmental policy in EU sectors. Technological Forecasting & Social Change. 115, 111, 2017.
  • 18. SUN W.B., WANG Z.Y. Game analysis of environmental regulation performance of FDI competition under green economy perspective. Advanced Materials Research. 1073-1076, 2669, 2015.
  • 19. WALTER I., UGELOW J.L. Environmental policies in developing countries. Ambio. 8 (2/3), 102, 1979.
  • 20. ELLIOTT, ROBERT J.R., ZHOU Y. Environmental regulation induced foreign direct investment. Environmental & Resource Economics. 55 (1), 141, 2013.
  • 21. PENG W.B., TIAN K., XIANG G.C. A VAR analysis of FDI and environmental regulation: China’s case. Economics Bulletin. 31, A11, 2011.
  • 22. BU M.L., LIN C.T., ZHAI S.W. Comparative environmental regulation and foreign investment inflows: Is china a pollution haven? Frontiers of Economics & Globalization. 14, 1, 2014.
  • 23. ZHOU C.H. Grey correlation analysis of Shandong environmental regulation and FDI. Bollettino Della Società Italiana Di Biologia Sperimentale. 52 (24), 729, 2014.
  • 24. XU J., ZHOU M., LI H.L. ARDL-based research on the nexus among FDI, environmental regulation, and energy consumption in Shanghai (China). Natural Hazards. 84 (1), 1, 2016.
  • 25. MILLIMET D.L., ROY J. Empirical tests of the pollution haven hypothesis when environmental regulation is endogenous. Journal of Applied Econometrics. 31 (4), 623, 2016.
  • 26. CHUNG S.H. Environmental regulation and foreign direct investment: Evidence from South Korea. Journal of Development Economics. 108 (C), 222, 2014.
  • 27. ZHOU C.F., DU Y.W., PENG A.P. Does Environmental Regulation Affect the Location Choice of FDI in China?-Empirical Study based on Cost Perspective. World Economic Studies. 1 (01), 110, 2016.
  • 28. TANG D.L., LI L., YANG Y.H. Spatial econometric model analysis of foreign direct investment and haze pollution in china. Polish Journal of Environmental Studies. 25 (1), 317, 2016.
  • 29. ZHANG J.S., YAO M.N. Chinese Environmental Regulation and Energy Consumption: 1998~2012. Advanced Materials Research. 962-965, 1685, 2014.
  • 30. ZHU P.F., ZHANG Z.Y., JIANG G.L. FDI and environmental regulation: An empirical study based on local decentralization. Economic Research. (06), 133, 2011.
  • 31. DONG B.M., GONG J., ZHAO X. FDI and environmental regulation: Pollution haven or a race to the top? Journal of Regulatory Economics. 41 (2), 216, 2012.
  • 32. MANDERSON E., KNELLER R. Environmental regulations, outward FDI and heterogeneous firms: Are countries used as pollution havens? Environmental and Resource Economics. 51 (3), 317, 2012.
  • 33. BAI Y.P., ZHANG Y. Empirical study of FDI spillover effect and the relationship with environment. Journal of Applied Sciences. 13 (24), 5753, 2013.
  • 34. ZHANG G.X., GAO X.L. A study on effectiveness of policy measures of energy conservation and emission reduction in china. East China Economic Management. 28 (5), 45, 2014.
  • 35. KIM Y. H., YANG E. M. Environmental protection versus incentives for FDI inflows: Abatement technologies matter. International Journal of Economic Sciences. 4 (1), 25, 2015.
  • 36. JUGURNATH B., ROUCHEET B., TEEROOVENGADUM V. Moving to greener pastures: Untangling the evidence about fdi and environmental regulation in eu countries. Journal of Developing Areas. 51 (2), 405, 2017.
  • 37. EZZATI M., KAMMEN D.M. Quantifying the effects of exposure to indoor air pollution from biomass combustion on acute respiratory infections in developing countries. Environmental Health Perspectives. 109 (5), 481, 2001.
  • 38. REZZA A.A. A meta-analysis of FDI and environmental regulations. Environment & Development Economics. 20 (2), 185, 2015.
  • 39. LESAGE J.P., PACE R.K. Spatial econometric models [M]. 355, 2010.
  • 40. OHNO K., THANH L.H. Enhancing cooperation with FDI enterprises. Organic Magnetic Resonance. 22 (8), 527, 2016.
  • 41. ZHANG H., WEI X.P. Green Paradox or Forced Emissionreduction: Dual Effect of Environmental Regulation on Carbon Emissions. China Population Resources & Environment. 24 (9), 21, 2014.
  • 42. KOLSTAD I., WIIG A. What determines Chinese outward FDI? Cmi Working Papers. 47 (1), 26, 2012.
  • 43. HSIAO F.S.T., HSIAO M.C.W. FDI, exports, and GDP in East and Southeast Asia – Panel data versus time-series causality analyses. Journal of Asian Economics. 17 (6), 1082, 2011.
  • 44. LIU Z.Y., FENG H.B. Corruption, public expenditure efficiency and long-term economic growth. Economic Research. 9, 17, 2011.
  • 45. TAO Y.Y., ZHAO Z.Y. An Analysis of the Interaction Mechanism between FDI and Industrial Clusters - Based on the Illustrations of Shanghai and Jiangsu. Development Research. 4 (04), 63, 2009.

Typ dokumentu

Bibliografia

Identyfikatory

Identyfikator YADDA

bwmeta1.element.agro-c9c319eb-a25f-46b2-9acf-efef384aab45
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.