| Title | Impact of Foreign Direct Investment on Green Innovation: Evidence from China's Provincial Panel Data |
|---|---|
| ID_Doc | 31641 |
| Authors | Chen, LF; Guo, FX; Huang, LY |
| Title | Impact of Foreign Direct Investment on Green Innovation: Evidence from China's Provincial Panel Data |
| Year | 2023 |
| Published | Sustainability, 15, 4 |
| Abstract | The last couple of decades have witnessed growing interest in the academic literature in the conciliation of finance and sustainable development. Foreign direct investment (FDI) faces increasing pressure from both host and home country towards adoptinsg sustainable approaches. Such solutions can be green innovation (GI) for climate change, environmental risks, green processes and products that allow tracking the carbon footprint, as well as many other green technologies. Based on the macro-level data of 31 provinces in China from 2003 to 2020, this paper employed policy environment (PE) and marketization level (ML) as moderating variables to further investigate the impact of FDI on GI. Our results show the following: (1) FDI has a significant positive and dynamic evolution feature of diminishing marginal efficiency on GI. (2) The heterogeneity analysis of regional regression shows that FDI significantly increases GI in the eastern and western regions. In contrast, FDI in the central region inhibits GI but not significantly. (3) Both PE and ML can positively moderate the impact of FDI on GI. Furthermore, our empirical results of the robustness test of 2SLS and GMM are highly consistent with the main test. The conclusions of this paper provide policy implications for local governments to fully and effectively utilize foreign capital for green innovation activities. |
| https://www.mdpi.com/2071-1050/15/4/3318/pdf?version=1676958767 |
Similar Articles
| ID | Score | Article |
|---|---|---|
33206
|
Qiu, SL; Wang, ZL; Geng, SS How do environmental regulation and foreign investment behavior affect green productivity growth in the industrial sector? An empirical test based on Chinese provincial panel data(2021) | |
| 34861
|
Luo, YS; Salman, M; Lu, ZN Heterogeneous impacts of environmental regulations and foreign direct investment on green innovation across different regions in China(2021) | |
| 35141
|
Song, WF; Han, XF The bilateral effects of foreign direct investment on green innovation efficiency: Evidence from 30 Chinese provinces(2022) | |
| 30615
|
Lei, X; Chen, XL; Zhang, B Unleashing the spillover potential: Exploring the role of technology-seeking investment in driving green innovation of host countries(2024) | |
| 31140
|
Chen, L; Hu, LJ; He, F; Zhang, HQ Environmental Regulation, Foreign Direct Investment, and Green Total Factor Productivity: An Empirical Test Based on Chinese City-Level Panel Data(2024)Sustainability, 16, 13 | |
| 31996
|
Pan, ZJ; Hu, YF; Xu, RR China's foreign direct investment: driving green growth or seeking pollution havens? Based on the perspective of green total factor productivity(2024) | |
| 30301
|
Fang, H; Zhang, XY; Lei, T; Houadi, BL FDI Quality, Green Technology Innovation and Urban Carbon Emissions: Empirical Evidence from China(2023)Sustainability, 15, 12 | |
| 30348
|
Qin, BT; Gao, YQ; Ge, LM; Zhu, JL The Influence Mechanism Of Outward Fdi Reverse Technology Spillovers On China?S Green Innovation(2023)Technological And Economic Development Of Economy, 29, 2 | |
| 35619
|
Xu, L; Fan, MT; Yang, LL; Shao, S Heterogeneous green innovations and carbon emission performance: Evidence at China's city level(2021) | |
| 35482
|
Xu, ZW; Chen, Y How does green finance strategy foster the green transition? Based on the perspective of provinces' green total factor productivity(2023) |