中国企业的双向外国直接投资是否减轻了环境污染?
Feng Yang1, Tingwei Chen2,3, Linlin Han4
1School of Business, Liaocheng University, Liaocheng Shandong, China.
PloS one
|October 7, 2025
概括
企业双向外国直接投资 (CTFDI) 显著减少了企业的污染排放,支持了污染光环假说. 这种经济开放性通过研发和技术采用推动了绿色企业发展.
科学领域:
- 环境经济学环境经济学
- 企业的社会责任 企业的社会责任
- 国际商业 国际商业 国际商业
背景情况:
- 全球越来越重视低碳增长,需要了解企业国际化的环境影响.
- 企业双向外国直接投资 (CTFDI) 的环境影响,包括内外FDI,研究不足.
- 现有的文献往往忽视了双向外国直接投资流对企业环境绩效的综合影响.
研究的目的:
- 调查CTFDI是否减轻了企业的污染排放.
- 在CTFDI的背景下实证测试污染光环假设.
- 确定CTFDI对环境绩效的机制和异质影响.
主要方法:
- 使用了多个固定效应的普通最小方程 (OLS) 模型.
- 分析了来自2,894家A股上市的中国公司 (2008-2022) 的43,410家公司年度观察数据的大数据集.
- 进行了机制和异质性分析,以探索传输道和差异性影响.
主要成果:
- CTFDI显著减少了企业的污染排放,平均每单位增加的排放量下降了0.15%.
- 研究和开发 (R&D) 投资和采用数字/智能技术是关键的调解道.
- 非国有企业和非污染行业的企业从CTFDI中获益更大.
结论:
- 提供了关于CTFDI的污染光环假设的强有力的经验支持.
- 强调经济开放在促进绿色企业发展方面所发挥的积极作用,这是由CTFDI促进的.
- 建议利用国际投资促进环境可持续性的政策影响.
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