FDI Spillovers, Environmental Pollution and Energy Consumption Intensities, and Industries” Productivity
Using the correlated data of 28 Chinese manufacturing industries during 1999-2008, this paper examines the effects of the foreign direct investment, which is distinguished as horizontal, forward linkage and backward linkage spillovers, and environmental pollution and energy consumption intensities on industries” productivity.The empirical results show that FDI spillovers are more likely existing in the vertical linkages across industries rather than horizontal linkages and environment pollutions and energy consumption do have disadvantages on industry” productivity even we use different industries” productivity measures and give emphasis to the endogeneity problem of these variables.We link this result with abatement efficiency of industries” physical capital intensive and demonstrate that the most environmental pollution emission and energy intensive industries are likely to be less efficient and therefore relatively lower industries” productivity.Further study suggests that horizontal FDI spillover decreases the emission of environment pollution emission and energy consumption intensifies though vertical FDI spillovers have limited effect on them.
Zhongyuan Zhang Guoqing Zhao
Corresponding author:Guoqing Zhao;School of Economics;Renmin University of China;Beijing,100872,China
国内会议
长春
英文
138-150
2013-07-20(万方平台首次上网日期,不代表论文的发表时间)