{"title":"污染天堂还是污染光环?检验外国直接投资的直接效应和溢出效应","authors":"Xunyong Xiang , Ruier Liu , Wenjie Luo","doi":"10.1016/j.chieco.2024.102254","DOIUrl":null,"url":null,"abstract":"<div><div>FDI has direct effects (effects on foreign-invested firms) and spillover effects (effects on other firms) on pollution emissions. To split out these two effects, this paper divides firms into different clusters based on their industries and regions, then considers the interactions among firms in a cluster following the framework of Hudgens & Halloran (2008). We find that varying ratios of FDI firms within a cluster influence the magnitude of effects on firms' pollution emissions. Specifically, this paper finds inverted “U-shaped” direct effects of FDI on firms' pollution emissions. We also find “U-shaped” spillover effects and total effects: once the proportion of FDI firms within a cluster exceeds a specific threshold, we observe a decline in both spillover effects and total effects of FDI in mitigating pollution emissions.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"88 ","pages":"Article 102254"},"PeriodicalIF":5.2000,"publicationDate":"2024-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Pollution haven or pollution halo? Testing direct and spillover effects of FDI\",\"authors\":\"Xunyong Xiang , Ruier Liu , Wenjie Luo\",\"doi\":\"10.1016/j.chieco.2024.102254\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>FDI has direct effects (effects on foreign-invested firms) and spillover effects (effects on other firms) on pollution emissions. To split out these two effects, this paper divides firms into different clusters based on their industries and regions, then considers the interactions among firms in a cluster following the framework of Hudgens & Halloran (2008). We find that varying ratios of FDI firms within a cluster influence the magnitude of effects on firms' pollution emissions. Specifically, this paper finds inverted “U-shaped” direct effects of FDI on firms' pollution emissions. We also find “U-shaped” spillover effects and total effects: once the proportion of FDI firms within a cluster exceeds a specific threshold, we observe a decline in both spillover effects and total effects of FDI in mitigating pollution emissions.</div></div>\",\"PeriodicalId\":48285,\"journal\":{\"name\":\"中国经济评论\",\"volume\":\"88 \",\"pages\":\"Article 102254\"},\"PeriodicalIF\":5.2000,\"publicationDate\":\"2024-08-20\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"中国经济评论\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1043951X24001433\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"中国经济评论","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1043951X24001433","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Pollution haven or pollution halo? Testing direct and spillover effects of FDI
FDI has direct effects (effects on foreign-invested firms) and spillover effects (effects on other firms) on pollution emissions. To split out these two effects, this paper divides firms into different clusters based on their industries and regions, then considers the interactions among firms in a cluster following the framework of Hudgens & Halloran (2008). We find that varying ratios of FDI firms within a cluster influence the magnitude of effects on firms' pollution emissions. Specifically, this paper finds inverted “U-shaped” direct effects of FDI on firms' pollution emissions. We also find “U-shaped” spillover effects and total effects: once the proportion of FDI firms within a cluster exceeds a specific threshold, we observe a decline in both spillover effects and total effects of FDI in mitigating pollution emissions.
期刊介绍:
The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.