The Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development

It is of practical significance to evaluate whether enhancing outward foreign direct investment (OFDI) can promote carbon mitigation under the new urbanization background toward China’s sustainable development and carbon neutrality. The impact of OFDI on carbon emissions is investigated from the dua...

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Autores principales: Feifei Tan, Hao Wan, Xiangjun Jiang, Zhiyuan Niu
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Lenguaje:EN
Publicado: MDPI AG 2021
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spelling oai:doaj.org-article:8ab63e9572e745a4bee44211baa613d42021-11-11T19:21:59ZThe Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development10.3390/su1321116052071-1050https://doaj.org/article/8ab63e9572e745a4bee44211baa613d42021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11605https://doaj.org/toc/2071-1050It is of practical significance to evaluate whether enhancing outward foreign direct investment (OFDI) can promote carbon mitigation under the new urbanization background toward China’s sustainable development and carbon neutrality. The impact of OFDI on carbon emissions is investigated from the dual perspectives of the urbanization threshold and the mediating path by using panel data from China’s 30 provinces during the period of 2003–2015 and considering both population and land. The results show that there is a significant impact from interprovincial OFDI on CO<sub>2</sub> emissions with the double threshold effect of urbanization, and that OFDI expansion will increase CO<sub>2</sub> emissions with urbanization; however, the different stages of urbanization show inverted U-shaped characteristics that first rise and then fall. The optimization of industrial structures has not passed the mediating effects test during the sample period, while the rationalization of the industrial structure provides a mediating effect in the primary stage of urbanization and a suppressing effect in the high level stage of urbanization. Import dependence only shows a masking effect in the intermediate stage of urbanization, while the technical level shows an intermediary effect in the primary stage of urbanization and a masking effect in the intermediate stage. The intensification of OFDI has brought different effects on economic and social production in various regions of China under urbanization, which has further affected regional carbon emissions. Discussing these effects would help to provide constructive suggestions for the regional coordination of development, new urbanization construction and urban low carbon transformation.Feifei TanHao WanXiangjun JiangZhiyuan NiuMDPI AGarticleoutward foreign direct investmentcarbon emissionurbanization thresholdsustainable developmentcarbon neutralityEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11605, p 11605 (2021)
institution DOAJ
collection DOAJ
language EN
topic outward foreign direct investment
carbon emission
urbanization threshold
sustainable development
carbon neutrality
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
spellingShingle outward foreign direct investment
carbon emission
urbanization threshold
sustainable development
carbon neutrality
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
Feifei Tan
Hao Wan
Xiangjun Jiang
Zhiyuan Niu
The Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development
description It is of practical significance to evaluate whether enhancing outward foreign direct investment (OFDI) can promote carbon mitigation under the new urbanization background toward China’s sustainable development and carbon neutrality. The impact of OFDI on carbon emissions is investigated from the dual perspectives of the urbanization threshold and the mediating path by using panel data from China’s 30 provinces during the period of 2003–2015 and considering both population and land. The results show that there is a significant impact from interprovincial OFDI on CO<sub>2</sub> emissions with the double threshold effect of urbanization, and that OFDI expansion will increase CO<sub>2</sub> emissions with urbanization; however, the different stages of urbanization show inverted U-shaped characteristics that first rise and then fall. The optimization of industrial structures has not passed the mediating effects test during the sample period, while the rationalization of the industrial structure provides a mediating effect in the primary stage of urbanization and a suppressing effect in the high level stage of urbanization. Import dependence only shows a masking effect in the intermediate stage of urbanization, while the technical level shows an intermediary effect in the primary stage of urbanization and a masking effect in the intermediate stage. The intensification of OFDI has brought different effects on economic and social production in various regions of China under urbanization, which has further affected regional carbon emissions. Discussing these effects would help to provide constructive suggestions for the regional coordination of development, new urbanization construction and urban low carbon transformation.
format article
author Feifei Tan
Hao Wan
Xiangjun Jiang
Zhiyuan Niu
author_facet Feifei Tan
Hao Wan
Xiangjun Jiang
Zhiyuan Niu
author_sort Feifei Tan
title The Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development
title_short The Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development
title_full The Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development
title_fullStr The Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development
title_full_unstemmed The Impact of Outward Foreign Direct Investment on Carbon Emission toward China’s Sustainable Development
title_sort impact of outward foreign direct investment on carbon emission toward china’s sustainable development
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/8ab63e9572e745a4bee44211baa613d4
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