摘要
在经济全球化和资源环境约束趋紧背景下,开放经济的环境效应备受社会各界高度关注。随着“走出去”战略和“一带一路”倡议深入实施,中国对外直接投资(OFDI)规模日益扩大,迅速增长的OFDI究竟会对母国环境产生怎样的影响?在构建双循环新发展格局和倡导绿色发展双重语境下,中国应如何提高对外直接投资质量和水平以推动国内绿色发展?这些问题值得深入探讨。现有文献多侧重利用线性模型实证解读OFDI的母国环境效应,较少涉及非线性模型,研究母国金融发展在OFDI影响母国环境中的重要作用及门槛效应的文献则更为少见。为此,作者基于机理论证和命题推演,运用2003-2017年中国省级面板数据,甄选工业废水、工业废气、工业二氧化硫、工业烟尘排放量及工业固废产生量指标,借助改进熵值法拟合中国30个省域环境污染综合指数,构造以金融发展为门槛变量的面板门槛模型,实证检验中国OFDI影响母国环境的金融发展门槛效应。研究发现:①考察期内,中国OFDI对母国环境影响显著存在基于母国金融发展水平的双门槛效应。当中国金融发展水平低于第一个门槛值时,中国OFDI对母国环境污染产生了明显的抑制作用;当中国金融发展水平跨越第一个门槛值且未超过第二个门槛值时,中国OFDI对母国环境污染的抑制作用显著增强;当中国金融发展水平高于第二个门槛值时,中国OFDI对母国环境污染的抑制作用则进一步增强。②样本期内,中国多数省份的金融发展水平不高,只有极少数高金融发展水平省份的OFDI对母国环境污染产生了较强的抑制作用,且OFDI与金融发展耦合协调度较高的省份倾向具有较低的环境污染水平。据此,建议优化OFDI的金融服务环境,提高OFDI的绿色技术含量,强化绿色技术原始创新和再创新能力。
In the context of economic globalization and increasingly tight resource and environmental constraints,the environmental effect of open economy has been highly concerned by the academic community.With the implementation of the‘Going Global’campaign and the‘Belt and Road Initiative’,China’s outward foreign direct investment(OFDI)has been expanding.What is the impact of the rapid growth of OFDI on the home environment?How can China improve the quality and level of OFDI in order to promote domestic green development under the dual context of constructing a new dual circulation development pattern and advocating green development?These questions deserve further discussion.Most of the existing literature focuses on the empirical interpretation of OFDI’s home country environmental effect by using linear models,while few involve nonlinear models.The literature on the important role of financial development in home country and the threshold effect of OFDI on home country environment is even less common.In view of this,based on the mechanism of argumentation and propositional inference,this paper calculated the environmental pollution index of 30 provinces in China from 2003 to 2017 by using China’s provincial panel data of these years and selecting industrial waste water,industrial waste gas,industrial SO 2,and industrial soot emissions and industrial solid waste production amount index.Then,this paper empirically studied China’s OFDI home environment of financial development threshold effect by constructing financial development as the threshold variables panel threshold model.The results showed that:①China’s OFDI had a significant impact on the environment of the home country,based on the level of financial development of the home country.When China’s financial development level was lower than the first threshold value,China’s OFDI had a significant restraining effect on environmental pollution in the home country.When China’s financial development level crossed the first threshold value but d
作者
杨果
郑强
YANG Guo;ZHENG Qiang(Chongqing Academy of Social Sciences,Chongqing 400020,China;Center for Southeast Asian Studies,Chongqing Technology and Business University,Chongqing 400067,China;School of Economics,Chongqing Technology and Business University,Chongqing 400067,China;Research Center for Economy of Upper Reaches of the Yangtze River,Chongqing Technology and Business University,Chongqing 400067,China)
出处
《中国人口·资源与环境》
CSSCI
CSCD
北大核心
2021年第6期57-66,共10页
China Population,Resources and Environment
基金
国家社会科学基金后期资助项目“我国农产品生产与流通的协调机制研究”(批准号:19FJLB021)
中国博士后科学基金资助项目“成渝地区双城经济圈对东盟投资研究”(批准号:2020M673150)
重庆市社会科学规划项目“重庆农村产业融合与互联网金融服务创新的协同机制与模式研究”(批准号:2018QNJJ17)
重庆工商大学科研平台开放课题“‘一带一路’沿线国家绿色发展合作机制及模式研究”(批准号:KFJJ2019025)
重庆社会科学院青年创新团队研究项目“重庆市脱贫攻坚与乡村振兴有机衔接研究”(批准号:2020D0303)
教育部国别和区域研究年度课题“‘一带一路’背景下中菲经贸合作研究”(批准号:19GBQY050)。
关键词
环境污染
对外直接投资
金融发展
门槛模型
environmental pollution
outward foreign direct investment
financial development
threshold model
