Does FDI affect carbon intensity? New evidence from dynamic panel analysis

doi:10.1108/IJCCSM-03-2017-0062

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	Does FDI affect carbon intensity? New evidence from dynamic panel analysis
	Shao, Yanmin 1,2
	2018
发表期刊	INTERNATIONAL JOURNAL OF CLIMATE CHANGE STRATEGIES AND MANAGEMENT
ISSN	1756-8692
卷号	10 期号:1 页码:27-42
摘要	Purpose - This paper aims to clarify the relationship between foreign direct investment (FDI) and carbon intensity. This study uses the dynamic panel data model to study and provide fresh evidence for the issue. Design/methodology/approach - This study first uses the dynamic panel data model to consider the endogeneity problem, and applies a system-generalized method of moments estimator to study the effect of FDI on carbon intensity using the panel data of 188 countries during 1990-2013. Findings - The result shows that FDI has a significant negative impact on carbon intensity of the host country. After considering the other factors, including share of fossil fuels, industrial intensity, urbanization level and trade openness, the impact of FDI on carbon intensity is still significantly positive. In addition, FDI also has a significant negative impact on carbon intensity of high-income countries and middle- and lowincome countries. Originality/value - This paper offers two contributions to the literature on the effect of FDI on carbon intensity. From a methodological perspective, this paper is the first to apply a dynamic panel data model to study the effect of FDI on carbon intensity using worldwide panel data. Second, this paper is the first to analyze the effect of FDI on carbon intensity in different countries with different income levels separately.
关键词	Foreign direct investment Carbon intensity Pollution halo effect
DOI	10.1108/IJCCSM-03-2017-0062
语种	英语
资助项目	National Natural Science Foundation of China (NSFC)[71573251] ; National Natural Science Foundation of China (NSFC)[71103177]
WOS研究方向	Environmental Sciences & Ecology
WOS类目	Environmental Studies
WOS记录号	WOS:000418654400003
出版者	EMERALD GROUP PUBLISHING LTD
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/26978
专题	中国科学院数学与系统科学研究院
通讯作者	Shao, Yanmin
作者单位	1.Univ Sci & Technol Beijing, Donlinks Sch Econ & Management, Beijing, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China
推荐引用方式 GB/T 7714	Shao, Yanmin. Does FDI affect carbon intensity? New evidence from dynamic panel analysis[J]. INTERNATIONAL JOURNAL OF CLIMATE CHANGE STRATEGIES AND MANAGEMENT,2018,10(1):27-42.
APA	Shao, Yanmin.(2018).Does FDI affect carbon intensity? New evidence from dynamic panel analysis.INTERNATIONAL JOURNAL OF CLIMATE CHANGE STRATEGIES AND MANAGEMENT,10(1),27-42.
MLA	Shao, Yanmin."Does FDI affect carbon intensity? New evidence from dynamic panel analysis".INTERNATIONAL JOURNAL OF CLIMATE CHANGE STRATEGIES AND MANAGEMENT 10.1(2018):27-42.