The impact of foreign direct investment on sustainable development in China
The impact of foreign direct investment on sustainable development in China
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DOI：
10.1007/s11356-020-08837-7
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发表时间：
2020-04-30
影响因子：
5.8
通讯作者：
Osei-Agyemang, Andrew
中科院分区：
文献类型：
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作者：
Ayamba, Emmanuel Caesar;Chen Haibo;Osei-Agyemang, Andrew
本文采用回归模型研究外商直接投资（FDI）对中国可持续发展的影响。基于1996年至2016年的面板数据，本研究通过强加响应函数模型评估了发展是如何持续的。研究结果表明，首先，从长期来看，外国直接投资对环境质量的影响不显著，但有助于为实物资本赤字提供资金。其次，存在污染晕假说。此外，在短期内，污染变量（二氧化硫和烟尘）对流入中国的外国直接投资数量造成了显著的差异。但由于采用了先进技术，从长期来看，它们对FDI流入的变异效应明显减弱。最后，建议执行更严格的环境政策和战略，以防止外国投资者违约。
The purpose of this paper is to investigate the impact of foreign direct investment (FDI) on sustainable development (SD) in China by using a regression model. Based on a panel date ranging from 1996 to 2016, this study makes an assessment of how development is sustained by means of an impose response function model. The findings revealed that, first, FDI has an insignificant influence on environmental quality in the long run but aids in financing physical capital deficits. Second, there exists the presence of the pollution halo hypothesis. In addition, in the short-term, pollution variables (sulfur dioxide and smoke and dust) cause significant variances on the amount of FDI inflows into China. However, they significantly lose their variation effect to FDI inflows in the long run due to the utilization of advanced technologies. Lastly, it is recommended that stricter environmental policies and strategies are implemented to curtail foreign investors from defaulting.