The Threshold Effect of FDI on CO2 Emission in Belt and Road Countries

文献类型： 外文期刊

第一作者： Nie, Ying

作者： Nie, Ying;Zhong, Yao;Yu, Feng;Liu, Qingjie;Liu, Rong;Ren, Dexiao

作者机构：

关键词： FDI; CO2 emissions; Belt and Road countries; PSTR model; threshold effect

期刊名称：INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH （ 影响因子：4.614； 五年影响因子：4.798 ）

ISSN：

年卷期： 2022 年 19 卷 6 期

页码：

收录情况： SCI

摘要： Under the background of the global "carbon neutrality" goal, it is of great significance to study the environmental effect of FDI in rapid economic development. This paper proposes an original framework to determine the relative influence of five factors on the Belt and Road countries with a strong FDI-CO2 association. Based on the panel smooth transition regression (PSTR) model, we establish country-specific and time-specific FDI-CO2 coefficients for 59 Belt and Road countries during 2003-2018. These coefficients are assumed to change smoothly as a function of five threshold variables, considered the most important in the literature devoted to the FDI-CO2 correlations. The results show that the degree of GDP per capita, industrialization, openness, and total factor productivity significantly influences the FDI-CO2 relationship. However, they showed obvious heterogeneity. The coefficient of elasticity of the environmental effects of FDI smoothly transitions between the different intervals, the relationship between GDP per capita and FDI-CO2 coefficient shows a bell-shaped change, the relationship between degree of trade openness and FDI-CO2 coefficient also shows a bell-shaped change, the relationship between industrialization level and FDI-CO2 coefficient shows an inverted N-shaped change, the change of a country's technological level shows a bell-shaped relationship with the FDI-CO2 coefficient. The results indicate that PSTR model can be used to study the threshold effect on FDI's influence on carbon dioxide emissions and the individual and time differences in coefficients of elasticity, to provide a new research perspective and new conclusions on the environmental effect of FDI in rapid economic development.

分类号：

  • 相关文献
作者其他论文 更多>>

微信小程序