The Impact of OFDI on Green Technology Innovation in China
Green technology innovation is one of the important driving forces to promote green development of China’s economy. Based on the panel data of 29 provinces, municipalities and autonomous regions in China and the mechanism of Outward Foreign Direct Investment (OFDI) on green technology innovation, th...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2023-01-01
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| Series: | E3S Web of Conferences |
| Subjects: | |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_01009.pdf |
| _version_ | 1827878754079211520 |
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| author | Qin Yutong Du Jiang Jia Lijun Pu Shilu |
| author_facet | Qin Yutong Du Jiang Jia Lijun Pu Shilu |
| author_sort | Qin Yutong |
| collection | DOAJ |
| description | Green technology innovation is one of the important driving forces to promote green development of China’s economy. Based on the panel data of 29 provinces, municipalities and autonomous regions in China and the mechanism of Outward Foreign Direct Investment (OFDI) on green technology innovation, this paper introduced different spatial weights and established a Spatial Durbin Model (SDM) to study the impact of OFDI on China’s green technology innovation according to the hypothesis proposed in this paper. It is found that OFDI can significantly promote China’s green technology innovation, which is under the influence of different spatial weights, and presents a significant spatial spillover effect. However, there are obvious regional differences in the spatial impact of OFID on green technology innovation, and the spatial spillover effect in some regions is not significant enough. Then the change of international investment environment will affect the spatial spillover effect of OFDI on China’s green technology innovation. Moreover, OFDI has significant nonlinear characteristics in its impact on green technology innovation. After crossing the threshold, OFDI has significantly increased its impact on green technology innovation, which further confirms that OFDI can effectively promote China’s green technology innovation and it can promote China’s green economic development. |
| first_indexed | 2024-03-12T17:57:05Z |
| format | Article |
| id | doaj.art-03ab9531f9574b3e8d9c011fff8ca6e8 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-03-12T17:57:05Z |
| publishDate | 2023-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-03ab9531f9574b3e8d9c011fff8ca6e82023-08-02T13:21:22ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014090100910.1051/e3sconf/202340901009e3sconf_icmsem2023_01009The Impact of OFDI on Green Technology Innovation in ChinaQin Yutong0Du Jiang1Jia Lijun2Pu Shilu3Economics School, Sichuan UniversityEconomics School, Sichuan UniversitySchool of Public Administration, Jose Rizal UniversityInternational Office, Sichuan UniversityGreen technology innovation is one of the important driving forces to promote green development of China’s economy. Based on the panel data of 29 provinces, municipalities and autonomous regions in China and the mechanism of Outward Foreign Direct Investment (OFDI) on green technology innovation, this paper introduced different spatial weights and established a Spatial Durbin Model (SDM) to study the impact of OFDI on China’s green technology innovation according to the hypothesis proposed in this paper. It is found that OFDI can significantly promote China’s green technology innovation, which is under the influence of different spatial weights, and presents a significant spatial spillover effect. However, there are obvious regional differences in the spatial impact of OFID on green technology innovation, and the spatial spillover effect in some regions is not significant enough. Then the change of international investment environment will affect the spatial spillover effect of OFDI on China’s green technology innovation. Moreover, OFDI has significant nonlinear characteristics in its impact on green technology innovation. After crossing the threshold, OFDI has significantly increased its impact on green technology innovation, which further confirms that OFDI can effectively promote China’s green technology innovation and it can promote China’s green economic development.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_01009.pdfinvestmentsinternational tradeenvironmental technologyspatial distributionnonlinear equations |
| spellingShingle | Qin Yutong Du Jiang Jia Lijun Pu Shilu The Impact of OFDI on Green Technology Innovation in China E3S Web of Conferences investments international trade environmental technology spatial distribution nonlinear equations |
| title | The Impact of OFDI on Green Technology Innovation in China |
| title_full | The Impact of OFDI on Green Technology Innovation in China |
| title_fullStr | The Impact of OFDI on Green Technology Innovation in China |
| title_full_unstemmed | The Impact of OFDI on Green Technology Innovation in China |
| title_short | The Impact of OFDI on Green Technology Innovation in China |
| title_sort | impact of ofdi on green technology innovation in china |
| topic | investments international trade environmental technology spatial distribution nonlinear equations |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_01009.pdf |
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