The Impact of Foreign Direct Investment, Green Technology Innovation and GDP on CO2 Emissions in Western China: A Static Panel Data Analysis
Keywords:
Foreign Direct Investment, Greem Technology Innovation, GDP, CO2 Emissions, Western China
Abstract
This study investigates the impact of FDI, green technology innovation and GDP on CO2 emissions in the western region of China. This study applies the extended STIRPAT model, selects the relevant data of nine provinces in western China from 2000 to 2019, applies the static panel data analysis method, compares and analyses the estimation methods of Pooled OLS, fixed effect and random effect, and finally adopts the robust standard error estimation method of fixed effect. The results of the robust standard error estimation indicate that, in addition to the negative impact of green technology innovation on CO2 emissions, CO2 emissions are positively impacted by FDI, GDP, population, and the proportion of the secondary and tertiary industries. Therefore, reasonable introduction of FDI and improving green technology innovation levels are crucial in reducing CO2 emissions in the western region of China.
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References
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Ghazali, A., & Ali, G. (2019). Investigation of key contributors of CO 2 emissions in extended STIRPAT model for newly industrialized countries: A dynamic common correlated estimator (DCCE) approach. Energy Reports, 5, 242–252. https://doi.org/10.1016/j.egyr.2019.02.006
Grossman, G. M., & Krueger, A. B. (1995). Economic growth and the environment. In The Quarterly Journal of Economics (pp. 353–377). https://doi.org/10.2307/2118443
Gu, H., Yang, W., & Chen, W. (2022). Effect of Green Technology Innovation on Urban Carbon Emission. Academic Exploration, 03, 120–132.
Guo, J., & Yang, L. (2020). Impact of environmental regulations and government R&D funding on green technology innovation empirical analysis based on provincial level data in Mainland China. Science & Technology Progress and Policy, 37(10), 37–44. https://doi.org/10.6049/kjjbydc.Q201908707
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Hao, Y., & Cao, H. (2021). Relationship between energy consumption? CO2 emission and economic growth in Yangtze River Delta. Science ? Technology and Economy, 34(01), 101–105. https://doi.org/10.14059/j.cnki.cn32-1276n.2021.01.021
Hausman, J. A. (1978). Specification tests in econometrics. Econometrica: Journal of The Econometric Society, 1251-1271.
Hu, D., You, K., & Esiyok, B. (2021). Foreign direct investment among developing markets and its technological impact on host: Evidence from spatial analysis of Chinese investment in Africa. Technological Forecasting and Social Change, 166, 120593. https://doi.org/10.1016/j.techfore.2021.120593
Hu, G., Li, C., & Hui, S. (2016). Based on the improved STIRPAT model application in carbon intensity forecasts. Statistics and Decision, 03, 87–89. https://doi.org/10.13546/j.cnki.tjyjc.2016.03.023
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Huang, J. (2017). The Threshold Effect Test of FDI’s Impact on China’s Carbon Emission Intensity. Statistics & Decision, 21, 108–111. https://doi.org/10.13546/j.cnki.tjyjc.2017.21.026
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Jiang, B., & Ma, S. (2020). A study on the influencing factors of regional economic growth and carbon emission -- A case study of three Northeast Provinces. Enterprise Economy, 39(11), 122–131. https://doi.org/10.13529/j.cnki.enterprise.economy.2020.11.015
Kong, Y., Feng, C., & Guo, L. (2022). Peaking Global and G20 Countries’ CO2 Emissions under the Shared Socio-Economic Pathways. International Journal of Environmental Research and Public Health, 19(17). https://doi.org/10.3390/ijerph191711076
Lian, L., & Ma, H. (2013). FDI and economic growth in the Western region of China and dynamic mechanism: based on time-series data from 1986 to 2010. International Business Research, 6(4), 180.
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Published
2024-04-27
How to Cite
Qiu, Y., Chuah, S.-C., Muda, R., & Goh, T.-H. (2024). The Impact of Foreign Direct Investment, Green Technology Innovation and GDP on CO2 Emissions in Western China: A Static Panel Data Analysis. Information Management and Business Review, 16(1(I)S), 204-215. https://doi.org/10.22610/imbr.v16i1(I)S.3743
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