The impact of FDI on energy conservation and emission reduction performance: A FDI quality perspective
- PMID: 38404879
- PMCID: PMC10884794
- DOI: 10.1016/j.heliyon.2024.e25676
The impact of FDI on energy conservation and emission reduction performance: A FDI quality perspective
Abstract
According to the climate emission reduction commitment of the Paris Agreement, all countries are actively seeking a new path of energy conservation and emission reduction, and trying to "bend downward" the global greenhouse gas emission curve. For China's carbon peak before 2030 and carbon neutral target before 2060, explore whether FDI can reduce China's energy consumption and carbon emissions. From the new research perspective of FDI quality, this paper explores the potential ways to improve regional energy-carbon emission performance (ECEP), and applied dynamic threshold effect and two-stage least squares for validation. The specific results are as follows: FDI quality improvement can have a significant positive impact on regional ECEP.The development level of renewable energy, the optimization of industrial structure and the enhancement of green innovation ability can positively regulate the impact of FDI on energy-carbon emission performance. At the same time, the results of the dynamic panel threshold model demonstrate that with the economic growth pressure of local governments decreases and the fiscal decentralization increases, the role of FDI quality in promoting the ECEP could be stronger. The influence of FDI quality on ECEP has regional heterogeneity, and the influence of FDI quality on ECEP is regional heterogeneous, and the influence of FDI quality on ECEP is more significant in inland and midwestern regions than in coastal and eastern regions. This study provides experience for FDI to formulate the quality assessment system and formulate foreign investment policy.
Keywords: Dynamic panel threshold model; Energy conservation and emission reduction performance; Energy-carbon emission performance; FDI quality.
© 2024 The Authors.
Conflict of interest statement
The author declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.
Figures
Similar articles
-
The impact of foreign direct investment on China's industrial carbon emissions based on the threshold model.Environ Sci Pollut Res Int. 2023 May;30(24):65086-65101. doi: 10.1007/s11356-023-26803-x. Epub 2023 Apr 19. Environ Sci Pollut Res Int. 2023. PMID: 37074607
-
The role of institutional quality in FDI inflows and carbon emission reduction: evidence from the global developing and belt road initiative countries.Environ Sci Pollut Res Int. 2022 Apr;29(20):30594-30621. doi: 10.1007/s11356-021-17958-6. Epub 2022 Jan 9. Environ Sci Pollut Res Int. 2022. PMID: 35000154
-
Fiscal decentralization, industrial structure upgrading, and carbon emissions: evidence from China.Environ Sci Pollut Res Int. 2023 Mar;30(13):39210-39222. doi: 10.1007/s11356-022-24971-w. Epub 2023 Jan 4. Environ Sci Pollut Res Int. 2023. PMID: 36598729
-
The impact of FDI on industrial structure upgrading and carbon emission under the constraints of environmental regulation.Environ Technol. 2024 Nov;45(25):5483-5500. doi: 10.1080/09593330.2023.2295830. Epub 2023 Dec 29. Environ Technol. 2024. PMID: 38158759
-
Foreign Direct Investment's Impact on China's Economic Growth, Technological Innovation and Pollution.Int J Environ Res Public Health. 2021 Mar 10;18(6):2839. doi: 10.3390/ijerph18062839. Int J Environ Res Public Health. 2021. PMID: 33802232 Free PMC article.
References
-
- Yu G., Liu K. Foreign direct investment, environmental regulation and urban green development efficiency—an empirical study from China. Appl. Econ. 2023:1–14.
-
- Ramzan M., et al. Environmental pollution and agricultural productivity in Pakistan: new insights from ARDL and wavelet coherence approaches. Environ. Sci. Pollut. Control Ser. 2022;29(19):28749–28768. - PubMed
-
- Zhang J., Han R., Song Z., et al. Evaluation of the triangle-relationship of industrial pollution, foreign direct investment, and economic growth in China's transformation. Front. Environ. Sci. 2023;11:436.
-
- Sabir S., Rafique A., Abbas K. Institutions and FDI: evidence from developed and developing countries. Financial Innovation. 2019;5(1):1–20.
LinkOut - more resources
Full Text Sources