The Spillover Environmental Benefits of Asia-Pacific External Economic Policy: Evidence From China-Africa Cooperation

IF 1.6 3区 社会学 Q1 AREA STUDIES
Qiang Fu, Wanting Zhong, Haiyu Wang
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引用次数: 0

Abstract

This paper uses a panel fixed-effects model to study the impact of Chinese foreign direct investment on the environmental performance of African countries. The analysis uses panel data from 2002 to 2024. The results demonstrate that Chinese FDI significantly improves the Environmental Performance Index (EPI) of African countries, exhibiting robust effects across various specifications. We also emphasise the lagged nature of these environmental effects. Heterogeneity analysis reveals that environmental benefits are more pronounced in Central, Eastern, and Western Africa, as well as in countries with higher levels of economic development. Mechanism tests confirm the influence of scale, structural, and technological effects. Our findings underscore the dual role of Chinese investment in promoting environmental sustainability and offer policy recommendations from multiple perspectives including those of both governments and investors, for optimising external economic cooperation and green investment strategies in the Asia-Pacific region.

Abstract Image

亚太对外经济政策的外溢环境效益:来自中非合作的证据
本文采用面板固定效应模型研究中国对外直接投资对非洲国家环境绩效的影响。该分析使用了2002年至2024年的面板数据。研究结果表明,中国直接投资显著改善了非洲国家的环境绩效指数(EPI),在不同规格下均表现出稳健的效应。我们还强调了这些环境影响的滞后性质。异质性分析表明,环境效益在中非、东非和西非以及经济发展水平较高的国家更为明显。机理试验证实了规模效应、结构效应和技术效应的影响。我们的研究结果强调了中国投资在促进环境可持续性方面的双重作用,并从政府和投资者的多个角度为优化亚太地区的外部经济合作和绿色投资战略提供了政策建议。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
3.20
自引率
5.30%
发文量
19
审稿时长
6 weeks
期刊介绍: Asia & the Pacific Policy Studies is the flagship journal of the Crawford School of Public Policy at The Australian National University. It is a peer-reviewed journal that targets research in policy studies in Australia, Asia and the Pacific, across a discipline focus that includes economics, political science, governance, development and the environment. Specific themes of recent interest include health and education, aid, migration, inequality, poverty reduction, energy, climate and the environment, food policy, public administration, the role of the private sector in public policy, trade, foreign policy, natural resource management and development policy. Papers on a range of topics that speak to various disciplines, the region and policy makers are encouraged. The goal of the journal is to break down barriers across disciplines, and generate policy impact. Submissions will be reviewed on the basis of content, policy relevance and readability.
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