Empirical Study of the Relationship between FDI and Environmental Regulation:An Intergovernmental Competition PerspectiveChinese Full Text
Zhu Pingfang,Zhang Zhengyu and Jiang Guolin(Center for Econometric Study,Shanghai Academy of Social Sciences)
Abstract: This paper is concerned with testing the hypothesized fact whether Chinese municipal governments have the incentives to strategically reduce their environmental stringency in receiving foreign capitals.We present a new empirical framework that accounts for both unobservability of environmental stringency and strategic interaction among local government.The instrumental variable quantile regression method is employed to estimate the model using the panel data consisting of 277 municipalities in C... More
Keywords:
Foreign Direct Investment; Environmental Regulation; Spatial Panel Data Models; Quantile Regression;
- Series:
(J) Economics & Management; (B) Chemistry/ Metallurgy/ Environment/ Mine Industry
- Subject:
Environment Science and Resources Utilization; Finance
- Classification Code:
X32;F832.6
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