INDUSTRY AGGLOMERATION, ENVIRONMENTAL REGULATION AND THE “POLLUTION HAVENSHYPOTHESIS

摘要：

Do pollution-intensive industries relocate to countries with laxer environmental standards through FDI, turning them into “pollution havens? Empirical studies to date show little evidence to support this hypothesis, which may suffer potentially from omitted variable bias and measurement errors. Deriving a location choice equation we estimate conditional logit models using pooled times and cross-section data from 1990 to 2004 to examine the pollution-haven behavior of FDI in China. The regression results show that FDI flows in China from three groups of source countries go into provinces with industry agglomeration effects and local investment incentives, relatively developed local market and abundant stocks of unskilled labor, and less state ownership. Environmental regulation stringency does influence location choice of FDI flows in China, but not as significantly as expected. The pollution levy of host provinces is a significant restraint for FDI inflows in three groups, despite to different extent. Pollutionintensive industries have certain but not notable attraction to the investors from industrial countries, while are obviously attractive to Asian investors.

关键词： FDI Location Choices Pollution Havens Environmental Regulation Conditional Logit Model

作者: Dongwen Tian Hui Yao Yang Jiao

作者单位: School of Economics and Management, Beihang University, Beijing 100083, China

会议类型: 国际会议

会议名称: The Ninth International Conference on Industrial Management(第九届工业管理国际会议 ICIM2008)

会议地点: 日本大阪

会议语种:英文

页码: 899-903

在线出版日期: 2008-09-16（万方平台首次上网日期，不代表论文的发表时间）