Lingcai Liu, Dongbei Bai, Shah Fahad, Ilhan Ozturk
{"title":"多元化环境监管会影响外国直接投资流入和技术创新吗?三阶段最小平方法","authors":"Lingcai Liu, Dongbei Bai, Shah Fahad, Ilhan Ozturk","doi":"10.1111/grow.12715","DOIUrl":null,"url":null,"abstract":"<p>Foreign direct investment (FDI) inflows have been significantly impacted by environmental regulation (ER). This study is aiming at analyzing the ER effect on the FDI inflows. By using the data of 2008–2018, we use Three-stages least square (3SLS) method to assess the connection between FDI inflows and ER. The study results reveal that in Chinese industries, technological innovation (TI) is stipulated by the ER, and as a result, FDI has been engrossed. The results further reveal that TI has been enhanced by capital penetration, and a positive effect is perceived between TI and FDI. The findings of our study also show that there is a significant association between foreign capital (FC) inflows and TI, which indicates that technological policies are effective and advanced environmental policies would intensify the relevant policies between firms. Based on the study outcomes, this research proposes some policy suggestions for constructing a attuned policy system of environmental protection and FDI by regulating the implementation of conforming strategies.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":"55 2","pages":""},"PeriodicalIF":2.9000,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Does diversified environmental regulation effect the foreign direct investment inflows and technological innovation? A three-stage least square approach\",\"authors\":\"Lingcai Liu, Dongbei Bai, Shah Fahad, Ilhan Ozturk\",\"doi\":\"10.1111/grow.12715\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>Foreign direct investment (FDI) inflows have been significantly impacted by environmental regulation (ER). This study is aiming at analyzing the ER effect on the FDI inflows. By using the data of 2008–2018, we use Three-stages least square (3SLS) method to assess the connection between FDI inflows and ER. The study results reveal that in Chinese industries, technological innovation (TI) is stipulated by the ER, and as a result, FDI has been engrossed. The results further reveal that TI has been enhanced by capital penetration, and a positive effect is perceived between TI and FDI. The findings of our study also show that there is a significant association between foreign capital (FC) inflows and TI, which indicates that technological policies are effective and advanced environmental policies would intensify the relevant policies between firms. Based on the study outcomes, this research proposes some policy suggestions for constructing a attuned policy system of environmental protection and FDI by regulating the implementation of conforming strategies.</p>\",\"PeriodicalId\":47545,\"journal\":{\"name\":\"Growth and Change\",\"volume\":\"55 2\",\"pages\":\"\"},\"PeriodicalIF\":2.9000,\"publicationDate\":\"2024-03-05\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Growth and Change\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/grow.12715\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"DEVELOPMENT STUDIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Growth and Change","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/grow.12715","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
Does diversified environmental regulation effect the foreign direct investment inflows and technological innovation? A three-stage least square approach
Foreign direct investment (FDI) inflows have been significantly impacted by environmental regulation (ER). This study is aiming at analyzing the ER effect on the FDI inflows. By using the data of 2008–2018, we use Three-stages least square (3SLS) method to assess the connection between FDI inflows and ER. The study results reveal that in Chinese industries, technological innovation (TI) is stipulated by the ER, and as a result, FDI has been engrossed. The results further reveal that TI has been enhanced by capital penetration, and a positive effect is perceived between TI and FDI. The findings of our study also show that there is a significant association between foreign capital (FC) inflows and TI, which indicates that technological policies are effective and advanced environmental policies would intensify the relevant policies between firms. Based on the study outcomes, this research proposes some policy suggestions for constructing a attuned policy system of environmental protection and FDI by regulating the implementation of conforming strategies.
期刊介绍:
Growth and Change is a broadly based forum for scholarly research on all aspects of urban and regional development and policy-making. Interdisciplinary in scope, the journal publishes both empirical and theoretical contributions from economics, geography, public finance, urban and regional planning, agricultural economics, public policy, and related fields. These include full-length research articles, Perspectives (contemporary assessments and views on significant issues in urban and regional development) as well as critical book reviews.