Can environmental information disclosure attract FDI? Evidence from PITI project

被引:14
|
作者
Pan, An [1 ]
Qin, Yaoyao [1 ]
Li, Han [1 ]
Zhang, Wenna [2 ]
Shi, Xunpeng [3 ,4 ]
机构
[1] Zhongnan Univ Econ & Law, Sch Econ, Wuhan 430073, Hubei, Peoples R China
[2] Wuhan Univ, Inst Int Studies, Wuhan 430072, Hubei, Peoples R China
[3] Univ Technol Sydney, Australia China Relat Inst, Sydney, NSW 2007, Australia
[4] Collaborat Innovat Ctr Emiss Trading Syst Coconstr, Wuhan 430205, Hubei, Peoples R China
关键词
Environmental information disclosure; FDI; Spatial difference-in-differences; FDI attraction effect; Heterogeneity; FOREIGN DIRECT-INVESTMENT; CHINA; SUSTAINABILITY; TRANSPARENCY; IMPACT; STRATEGIES; ADVANTAGES; POLLUTION; QUALITY; CHOICE;
D O I
10.1016/j.jclepro.2023.136861
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
Based on the balanced panel data of 260 prefecture-level cities in China from 2005 to 2016, and the quasi-natural experiment of the Pollution Information Transparency Index (PITI) project implemented in 110 prefecture-level cities in 2009, this paper uses the spatial difference-in-differences (SDID) model and the spatial Dubin model (SDM) model to investigate the FDI attraction effect of environmental information disclosure (EID). The results show that EID will significantly promote the inflow of FDI in cities, and this effect will be stronger with the increasing disclosure extent. EID has a siphon effect on FDI, that is, a city that has a better EID will attract more FDI than its neighbors, further intensifying the competition effect of FDI among cities with similar geographical distance, levels of economic development, and Internet penetration. The attraction effect of EID on FDI is mainly present in polluting cities and non-resource-based cities, while the impact on clean and resource-based cities is not significant.
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页数:12
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