环境规制与FDI非均衡增长研究
详细信息    本馆镜像全文|  推荐本文 |  |   获取CNKI官网全文
摘要
改革开放以来,随着经济全球化进程的进一步加快,我国外商直接投资获得了长足的发展,并成为推动中国经济高速增长的一个重要引擎。然而,大量外资的涌入也带来了一系列的环境问题。为了实现利润最大化,外资企业通过产业转移和外部成本内部化的方式增强国际竞争力,并将污染密集型产业转移至环境规制相对较松的发展中国家。而在经济发展和政治晋升的双重压力下,国内的地方政府也不惜以牺牲环境为代价,大力引进一些低技术水平、高污染高能耗的外资企业,使得中国本已脆弱的生态环境更趋恶化。近几年来基于可持续发展理念,政府投入了大量的资金用于污染治理,制定了一系列政策法规加强环境保护监管。但与发达国家相比,由于我国的环境保护意识不强、投入不足、执法力度不够,因而环境规制水平相对较低,落实力度也存在较大的差异,环境规制与FDI选址的关系引起了诸多学者的广泛关注。基于FDI非均衡增长的事实特征,本文分别从FDI的地区分布、行业结构、投资方式、来源地结构、技术水平提升五个角度全面分析了环境规制对FDI非均衡增长的影响,并试图回答以下几个问题:我国的环境规制水平对FDI选址是否存在显著的影响?如果存在,具体的影响渠道或影响机制是什么?环境规制是否造成了FDI在我国地区、行业、来源地、利用外资方式、技术进步等方面的非均衡增长?严格的环境规制是否会刺激外资企业通过技术创新来弥补遵循成本呢?针对以上问题,本文进行了深入探讨。
     由于我国各省之间尤其是相邻各省之间的市场及贸易联系非常紧密,因此本文在省级面板模型中纳入空间第三方效应,着重考察本地区及周边地区环境规制水平的变化是如何通过影响外资企业的生产成本及其创新能力来影响FDI在我国的区位分布?研究结果显示:环境规制对FDI区域分布的影响呈U型,东部地区的环境规制水平高于中西部地区,同时,东部地区的环境规制拐点也远高于中西部地区。而周边地区环境规制对FDI的影响呈倒U型,东中西部周边地区倒U型曲线的拐点都远低于当地U型曲线的影响,各地环境规制水平基本处于倒U型曲线的右边。环境规制及其它传统影响因素对FDI区域分布的影响均存在空间第三方效应,且这种效应在东中西部地区表现出不同的特征,这更加全面的解释了影响我国FDI区域分布的因素。
     关于环境规制与FDI产业非均衡增长问题,本文通过建立一个三要素、两产品的理论模型,将环境作为一种新型要素投入企业生产经营活动,比较分析环境规制引起的要素边际成本上升对外资行业选择的影响效应。在此基础上,利用2001-2010年我国35个制造业细分行业的面板数据实证检验了环境规制水平对FDI行业进入的影响。研究结果表明:环境规制与FDI行业分布之间呈U型曲线关系,目前绝大部分行业已跨越U型曲线拐点,环境规制所带来的先动优势和创新补偿效应占主导地位;行业内工资水平的提高、产品差异化程度的加强、技术水平的提升和利润率的增加均对FDI具有正向促进作用,但这一影响在清洁型行业和污染型行业中存在差异;滞后一期的FDI与其当期之间存在显著的正向关系,前一期的FDI存量会通过示范效应和推动效应引起外商在该行业投资的增加,FDI行业进入具有明显的路径依赖特征。
     鉴于环境规制下绿地投资、跨国并购两种不同投资方式面临的风险及预期收益不同,因而也将影响到外资企业的生产决策。为此,本文通过建立外资投资选择模型对非均衡增长问题进行研究,并在此基础上进一步构建计量模型,实证检验了环境规制对不同投资方式下FDI的影响。理论及实证结果显示,政府的环境规制水平越高,在等额投资条件下使用绿地投资的外资预期收入将小于跨国并购的预期收入;而绿地投资和跨国并购下的FDI与环境规制之间仍存在U型曲线关系,政府的环境规制行为必须与其它经济政策相配合才能更好地使我国的外资投资结构趋于合理,并且在环境规制严格的条件下,基础设施建设成本的提高确实会增加绿地投资的风险。
     考虑到目前我国吸引的FDI具有总量大、增速快,外资来源逐渐转向多元化等特点,而不同来源地的FDI对环境规制政策的敏感程度也存在一定的差异。为此,本文考察了相对环境规制力度变化对不同来源地FDI的影响,实证结果显示我国环境规制的加强会在投资初期提高污染型外资的成本和降低其收益,进而导致FDI的增速放缓,而随着环境规制继续加强,非污染型外资逐渐被吸引。同时投资国与中国之间贸易量越大、地理距离越短、政治往来时间越长、对我国周边国家投资越多、该国货币升值越快,其对华投资的增长也越快。而分样本实证研究则显示,环境规制所引致的发展中国家对华投资变动远大于发达国家,发展中国家外资对环境规制的敏感度要高于发达国家。相较于发展中国家,发达国家FDI的集聚效应更明显,同时该国经济规模与离华远近对其对外投资的限制较小。
     已有研究表明,严格的环境规制将提高外资企业的进入壁垒,并影响到外资企业进驻的行业分布及市场集中度等,而外资企业也将对外投资作为获取知识溢出的关键渠道,那么环境规制是否通过影响FDI的进入来提高外资企业的技术进步呢?本文运用制造业35个细分行业的面板数据,将环境规制与FDI的创新活动指标纳入计量模型来实证检验环境规制对FDI技术进步的影响,并重点考察了环境规制如何通过技术引进、自主创新及逆向技术外溢等渠道间接促进FDI技术水平的提升。研究结果表明:外资企业全要素生产率的增长主要来源于技术进步增长,而环境规制通过强化FDI的技术转移或创新激励等间接渠道提高自身技术水平,且不同行业的技术属性使得环境规制效应在研发投入高、行业进入程度高、劳动密集型行业中更为显著,其中高研发投入的FDI明显促进了投入型和效率型技术进步,严格的环境规制成为外资企业积极引入母国绿色生产技术与加强自主研发的重要推动力。FDI的逆向技术外溢效应显著为负,并且这种负向效应在FDI渗透较高、资本投入较低的行业更为突出。最后,本文在上述研究结论的基础上提出了相关的政策建议。
With the development of reform and opening-up policy as well as entry intoWTO, the absolute quantity of absorbing foreign direct investment(FDI) in ourcountry has increased successionally in recent years.However, a large influx offoreign capital has also brought a series of environmental problems. In order tomaximize profits, the foreign-funded enterprises enhance internationalcompetitiveness by transferring pollution-intensive industries into developingcountries with relatively loose environmental regulation. Under the dual pressures ofeconomic development and political advancement, local governments introduce somelow-skilled, high-pollution foreign enterprises at the cost of the environment, whichaggravated the fragile ecological environment. In recent years, the government s haveinvested a lot of money for pollution control based on the concept of sustainabledevelopment, and have formulated a series of policies to strengthen environmentalregulation. However, compared with developed countries, China's environmentalprotection awareness is not strong, and its law enforcement of environmentalprotection is inadequate. All these lead to lower environmental regulation, so therelationship between environmental regulation and FDI location has caused a lot ofwide attention. Based on the fact that FDI grows unbalanced, this articlecomprehensively analyses the influence of environmental regulation on unbalancedgrowth of FDI. The study is mainly from five points which include the regionaldistribution of FDI, industry structure, investment ways, source structure and theimprovement of technology. And this paper attempts to answer the following issues:does the level of environmental regulation have significant impact on FDI location? Ifpresent, what are specific channels of influence or impact mechanism? Doesenvironmental regulation cause unbalanced growth of FDI in regions, industries,sources, the use of foreign capital and technological progress? Will stringentenvironmental regulation stimulate foreign-funded enterprises to make up forcompliance costs through technological innovation? To answer above questions, thispaper makes deep discussions.
     Since there are close market and trade linkages between Chinese provinces,especially between adjacent provinces, this paper builds a spatial econometric modelincluding third-party effects to study how local and circumjacent environmental regulation influent the inflow of FDI by affecting FDI' production cost and innovationcapacity.The results show that the environmental regulation has an U sharp influenceon FDI inflows,and the inflection point in eastern areas is higher than central andwestern areas.At present, the level of environmental regulation in central and westernareas have already reached the right part of the U curve.Besides, circumjacentenvironmental regulation has an inverse U curve influence on FDI inflows,but itsinflection point is much lower than that in local areas.There is an obvious spatialthird-party effects on FDI inflows,and these effects have different characteristics withdifferent areas,which more comprehensively explain the factors that affect regionaldistribution of FDI in China.
     And when researching the relationship between environmental regulation andunbalanced growth of FDI in different sectors,this paper attempts to build atheoretical model including three factors and two products, and makes environment asa new factor to analyse effects of marginal costs rise caused by environmentalregulation on industry choice of FDI.On this basis,we use35manufacturing-sectorspanel data in China to empirically research the influence of environmental regulationon FDI inflows.The results show that environmental regulation has an U sharpinfluence on industry choice of FDI.So far, most industries have stridden across theinflection point of the U curve, and the first-mover advantage and innovationcompensation effect brought by environmental regulation have taken the lead. Besides,the inflows of FDI in manufacturing sectors is positively affected by the rise of wagelevel,products diversity,technology level as well as profit margin,but their affectionhas slight differences between clean and polluting industries.Finally, there is asignificant correlation between the lagged and current FDI inflows.The stock of FDIin previous period will increase foreign investments by demonstration effects andpush effects, and it also has an obvious characteristic of path-dependent.
     Considering greenfield investment and Cross-border Mergers&Acquisitionsface different risks and expected return under environmental regulation,f oreignenterprises will make different production decisions.Therefore,in this paper,weattempt to study their unbalanced growth by establishing a foreign investment modelunder semi-closed conditions,and empirically estimate the effects of environmentalregulation on FDI under the different investment mode.The theoretical and empiricalresults show that,if the level of government environmental regulation is higher,theexpected return by greenfield investment is less than Cross-border Mergers&Acquisitions under the equal investment conditions.In addition, there is a U-shaped curve relationship between environmental regulation and FDI,so the government'senvironmental regulatory action must be compatible with other economic policies inorder to make the structure of foreign investment in China more reasonable.Under theconditions of stringent environmental regulation, improvement of infrastructure costdoes increase the risk of greenfield investment.
     At present,foreign investment in China possess the characteristic of largenumbers and fast growth and wide source.FDI from different sources has differentsensitivity to environment regulations, so we also examine the influences ofenvironmental regulation on different sources of FDI.The empirical results showthat the strengthening of environmental regulation in initial stage of pollutinginvestment increases investors’ costs and reduces their income, which leads to aslowing pace of FDI growth. And as environmental regulation continuing to bestrengthened, the non-polluting foreign investment is gradually attracted. Thecountries whose investment in China grow faster have some unique characteristics,such as greater volume of trade with China, shorter geographical distance, longerpolitical dealings, more investment in China’s neighboring countries and fasterappreciation of nation currency. In addition, when the sample divided into two groups,the empirical estimation shows that FDI from developing countries caused byenvironmental regulation is much larger than from developed countries, and thesensitivity to environmental regulation of developing countries’ investment is higherthan that of developed countries. Compared to developing countries, the concentrationeffect of developed countries’ FDI is more pronounced, while the scale of thecountry’s economy and its distance from China less restricted its foreign investment.
     Some research results have showed that stringent environmental regulation willincrease the barriers to the entry of foreign-funded enterprises,and also affect thedistribution of foreign-funded enterprises stationed in the industry and marketconcentration.FDI takes overseas investment as a key channel for access to knowledgespillover,so will stringent regulation improve the technological advances offoreign-funded enterprises by affecting the entry of FDI?Based on the panel data of35manufacturing sectors in China during2001-2010,this paper decomposes technologyprogress of FDI according to Malmquist index, and incorporates environmentalregulation and FDI innovation into econometric model to empirically test the effectsof environmental regulation on FDI technology progress,mainly studying howenvironmental regulation indirectly promotes FDI technology progress by technologyintroduction,innovation and reverse technology spillover.The results show that the increase of total factor productivity mainly comes from technology progress.Environmental regulation improves its technology progress by some indirect channelssuch as intensifying technology transfer of FDI or innovation incentive.But differenttechnique attributes make regulation effects more obvious in higher R&D,Higherconcentration and Labour-intensive industries.Among these,FDI in higher R&Dobviously promotes input-oriented and efficiency-oriented technology progress.Thereverse technology spillover effect of FDI is significantly negative,and this negativeeffect is more obvious in higher concentration and lower capital-inputindustries.Finally,this paper puts forward some relevant policy recommendations onthe basis of the conclusions of this study.
引文
[1] Leonard K.Cheng and Yum K.Kwan.What are the determinant of the locationof Foreign Direct Investment? The Chinese experience[J]. Journal ofInternational Economics,2000,(51):379-400
    [2]温怀德,刘渝琳.对外贸易、FDI的经济增长效应与环境污染效应实证研究[J].当代财经,2008,(5):95-100
    [3] Grossman,Gene,E. Helpman. Innovation and Growth in the GlobalEconomy[M].Cambridge: The MIT Press,1991
    [4] Mani,M.and D.Wheeler.In Search of Pollution Havens?Dirty IndustryMigration in the World Economy[J].World Bank Working paper No.16,1998.
    [5] Randy A. Becker,J. Vernon Henderson.Costs of Air Quality Regulation[J].NBER Chapters in Behavioral and Distributional Effects of EnvironmentalPolicy,2001
    [6] Xing Y.Q.,Kolstad C.D. Do Lax Environmental Regulation Attract ForeignInvestment?[J]. Environmental and Resource Economics,2002,(21):1-22
    [7] Drukker, D.,Millimet.Assessing the Pollution Haven Hypothesis in anInterdependent World.[J].Departmental Working Papers0703,2007
    [8] Kukenova M. and Monteiro J.Does Lax Environmental Regulation Attract FDIWhen Accounting for "Third-country" Effects?[J].IRENE Working Papers,2008
    [9] Wagner, U., C. Timmins.Agglomeration Effects in Foreign Direct Investmentand the Pollution Havens Hypothesis[J].ERID Working Paper Number22,2008
    [10] Lammertjan Dam, Bert Scholtens. The Curse of the Haven: The impact ofmultinational enterprise on environmental regulation [J]. EcologicalEconomics,2012,(72):148-156
    [11] Friedman J. What Attracts Foreign Multinational Corporations? Evidence fromBranch Plant Location in the United States[J]. Journal of Regional science,1992,(32):403-418
    [12] Michael E.Porter and Claas van der Linde.Toward a New Conception of theEnvironment-Competitiveness Relationship[J]. The Journal of EconomicPerspectives,1995,(5):97-118
    [13] Bouwe R,Dijkstra,Anuj J.Environment regulation:An incentive for foreigndirect investment.[P].NBER Working Paper3942,2006
    [14] Kirkpatrick,C.,K. Shimamoto.The Effect of Environmental Regulation on theLocational Choice of Japanese Foreign Direct Investment[J].IARC WorkingPaperswith number30584,2007
    [15] Elliott,R.J.,R,K.Shimamoto.Are Asian Countries Havens for JapanesePollution-Intensive Industry?[J].The World Economy,2008,12(2):236-254
    [16] Baomin Dong, Jiong Gong, Xin Zhao.FDI and environmental regulation[J]:pollution haven or a race to the top,2012,41(2):216-237
    [17] John,AList,Catherine Y.Co.The Effects of Environmental Regulations onForeign Direct Investment[J].Journal of Environmental Economics andManagement,2000,40(1):1-20
    [18] John A. List.US County-Level Determinants of Inbound FDI: Evidence from aTwo-Step Modified Count Data Model[J].nternational Journal of IndustrialOrganization,2001,19(6):953-965
    [19] Beata K. Smarzynska,Shang-Jin Wei. Pollution Havens and Foreign DirectInvestment:Dirty Secret or Popular Myth?[J]. World Bank Policy ResearchWorking Paper No.2673,2001
    [20]杨涛.环境规制对中国FDI影响的实证分析[J].世界经济研究,2003,(5):65-68
    [21]陈红蕾,陈秋锋.污染避难所假说及其在中国的检验[J].暨南学报(哲学社会科学版),2006,(7),51-55
    [22]吴玉鸣.外商直接投资对环境规制的影响[J].国际贸易问题,2006,(4):111-116
    [23]吴玉鸣.环境规制与外商直接投资因果关系的实证分析[J].华东师范大学学报,2006,(1):107-111.
    [24]曾贤刚.环境规制、外商直接投资与污染避难所假说-基于中国30个省份面板数据的实证研究[J].经济理论与经济管理,2010,(11):65-71
    [25]王谦,高军."污染避难所"假说在我国不同地区的实证检验[J].国际贸易问题,2010,(2):15-24
    [26]黄顺武.环境规制对FDI影响的经验分析:基于中国的数据.[J].当代财经,2007,(6):87-91
    [27]赵哲,罗永明.污染避难所假说在中国的实证检验[J].生态经济,2008,(7):102-119
    [28]刘洋,徐恵娟.环境规制对FDI的影响-基于江苏省数据的实证研究[J].当代经济,2009,(4):148-149
    [29]陈旋,武戈.环境规制对FDI的影响分析-基于广东的实证分析[J].特区经济,2010,(4):32-34
    [30]朱翠清,姚宇.广东省环境规制对FDI的影响[J].云南财经大学学报,2008,(4):89-93
    [31]庄莹莹,龙如银.环境规制对经济开放的影响-基于江苏省数据的实证分析[J].软科学,2010,(12):85-88
    [32]熊鹰,徐翔.环境规制对中国外商直接投资的影响-基于面板数据模型的实证分析[J].经济评论,2007,(2):122-124
    [33]郭红燕,韩立岩.环境规制与中国FDI区域分布[J].经济问题,2009,(11):13-17
    [34]陈刚,李树.中国式分权下的FDI竞争与环境规制[J].财经论丛,2009,(7):1-7
    [35]傅京燕,李丽莎.环境规制、要素禀赋与产业国际竞争力的实证研究-基于中国制造业的面板数据[J].管理世界,2010,(10):87-98
    [36]苏梽芳,廖迎,李颖.是什么导致了污染天堂:贸易还是FDI?-来自中国省级面板数据的证据[J].经济评论,2011,(3):98-104
    [37]刘志忠,陈果.环境规制与外商直接投资区位分布-基于城市面板数据的实证研究[J].国际贸易问题,2009,(3):61-69
    [38]施敏颖.外商直接投资的环境效应分析-以浙江省为例[J].企业经济,2009,(4):60-62
    [39]李延勇,刘长美,崔睿.山东省境内环境规制对FDI影响的实证分析[J].山东经济,2010,(7):149-153
    [40] Head,K,Ries,J.Swenson,D·.Agglomeration Benefits and Location Choice:Evidence from Japanese Manufacturing Investment in the UnitedStates[J].Journal of International Economics,1995,(38):223-247
    [41] Coughlin,C.,Segev,E.Foreign Direct Investment in China: A SpatialEconometric Study[J].The World Economy,2000,(23):1-23
    [42]王立平,彭继年,任志安.我国FDI区域分布的区位条件及其地理溢出程度的经验研究[J].经济地理,2006,(3):265-269
    [43] Baltagi, B·H·.,Egger, P·.Pfaffermayr,M·.Estimating Models of ComplexFDI:Are there Third-country Effects?[J].Journal of Econometrics,2007,(14):260-281
    [44]杨海生,聂海峰,徐现祥.我国FDI区位选择中的"第三方效应"---基于空间面板数据的实证研究[J].数量经济技术经济研究,2010,(4):122-136
    [45] Walter,I.The Pollution Content of American Trade[J].Western EconomicJournal,1982,(30):61-70
    [46] Gunnar S.Eskeland, Ann E.Harrison. Moving to greener pastures?Multinationals and the Pollution Haven Hypothesis[J].Journal of Development,Economics,2003,(70):1-23
    [47] Grether,J.M.,Mathys,N.A.de Melo.Is Trade Bad for the Environment?Decomposing World-Wide SO2Emissions1990-2000[R].8th Annualconference on ETSG,Vienna,2006
    [48] Birdsall,Wheeler,D.Trade Policy and industrial Pollution In Latin Ameriea:Where Are the Pollution Havens[J].International Trade and the Environment,1992,(159):159-168
    [49] Grehter,J.M.Melo,J.D.Globalization and Dirty Industries:Do Po llution HavensMatter?[J].CEPR Discussion PaperN0.3932.,2003
    [50] List, J.A.Effects of Environment Regulation on ManufacturingPlant Birth:Evidence from a Propensity Score Matching Indicator[J].Review of Economicsand Statistics,2003,(85):944-952
    [51] Waldkirch, A. Munisam y G. Pollution Haven or Hythe? New Evidence fromMexico [J] International Trade and Economics Working Paper No.0412005,2004
    [52] Low P. Yeats A. Do "dirty" Industries Migrate?[J]. International Trade andEnvironment World Bank discuss ion paperNo159,1992
    [53] Simpson R. D. and Bradford R. L.Taxing Variable Cost: EnvironmentalRegulation as Industrial Policy[J].Journal of Environmental Economics andManagement,1996,30(3):282-300
    [54] Jaffe,A,B,Palmer J K.Environmental Regulation and Innovation:A panel datastudy[J]. Review of Economics and Statistics1997,79(4):610-619
    [55] Robinson,P.M.Root-N-consistent Semiparametric Regression[J]. Econometrica,1988,(56):931-954.
    [56] Conrad,K.,Wastl D.The Impacts of Environmental Regulation on Productivityin German Industries[J].Empirical Economics,1995,20(4):615-633
    [57] Han.K.,J.Braden.Environment and Trade:New Evidence from U.S.Manufacturing[M].Mimeo,University of Illinois,1996
    [58] Sancho F.H.,Tadeo A.,Martinez,E.Efficiency and Environmental Regulation.An Application to Spanish Wooden Goods and Furnishings Industry[J].Environmental and Resource Economics,2000,15(4):365-378
    [59] Busse. Trade Environmental Regulations and The WTO:New EmpiricalEvidence[J].World Bank Policy Research Working Paper,2004
    [60] Sorsa P.Competitiveness and Environmental Standards: Some ExploratoryResults[J].Policy Research Working Paper1249,1994
    [61] Etty,D.C. Geradin, D. Market Access, Competitiveness, and Harmonization:Environmental Protection in Regional Trade Agreements [J].The HarvardEnvironmental Law Review,1997,(21):265-336
    [62] Boyd GA,McClelland J. D.The Impact of EnvironmentalConstraints onProductivity Improvement in Integrated Paper Plants[J].Journal ofEnvironmental Economics and Management,1999,38(2):12l-142
    [63] Harrison,S.Environmental Regulation of Land Use and Public Compensation:Principles, and Swiss and Australian examples[J].Environment andPlanning,2002,20(5):699-716
    [64] Quiroga, M.,M. Persson, T. Sterner.Do Countries with Lax EnvironmentalRegulations Have a Comparative Advantage in Polluting Industries[J]NBERWorking paper No.0258,2009
    [65] Akbostanci, E.,Ipek Tunc,G.,Turut-Asik, S.Pollution Haven Hypothesis andthe Role of Dirty Industries in Turkey’s Exports[J].Environmental andDevelopment Economics,2007,12(2):297-322
    [66] Levinson, A.,M.S. Taylor. Unmasking the Pollution Haven Effect[J].International Economic Review,2008,49(1):223-254
    [67]赵细康.环境保护与产业国际竞争力理论与实证分析[M].北京:中国社会科学出版社,2003
    [68]赵玉焕国际投资中污染产业转移的实证分析[J].国际商务对外经济贸易大学学报,2006,(3):58-61
    [69]张燕.环境规制视角下污染产业转移的实证分析[J]当代财经,2009,(1):88-91
    [70]秦川,韩军山,张漫子.环境规制对中国外商直接投资影响的实证研究[J]商业时代,2010,(9):49-51
    [71]李国柱外商直接投资与环境污染的因果关系检验[J]国际贸易问题,2007,(6):105-109
    [72]江珂.中国环境规制对外商直接投资的影响研究[D]:[华中科技大学博士学位论文].武汉:华中科技大学,2010
    [73]吴磊,李广浩,李小帆.中国环境规制与FDI企业的行业进入[J]中国人口资源与环境,2010,20(8):92-98
    [74] Farrell,J.,Shapiro,C.Horizontal Merger:An Equilibrium Analysis[J].TheAmerican Economic Review,1990,80:107-126
    [75] Hennessy,D.A.,Roosen,J.Stochastic Pollution,Permits and Merger Incentives[J]. Journal of Environmental Economics and Management,2002,(37):211-232
    [76] Benchekroun,H.,Ray-Chaudhuri,A.Environmental Policy and Mergers WithinPolluting Oligopolies[J].Economics Working Paper No.0625,2006
    [77] WTO.Environmental Benefits of Removing Trade Restrictions andDistortions[R]. Geneva:WTO, WT/CTE/W/67,1998
    [78] Canton,J., Maia,D.Bernard,S.D.Environmental Regulation and Mergers Withinthe Eco-industry[J].European Association of Agricultural Economists WorkingPaper No.44456,2008
    [79] Gehsmann,S.,McCeney,R.Capitalizing on a Climate of Change[J].Journal ofInternational Economics,2009,65:127-149
    [80] Getachew,M.F.,Lahiriy,S.Merger and Acquisition among HeterogeneousPolluting Firms:Theory and Evidence[J].The American EconomicReview,2011,75:219-227
    [81]马林,章凯栋.外商直接投资对中国技术溢出的分类检验研究[J].世界经济,2008,(7):78-87.
    [82]耿强,孙成浩.环境规制程度对FDI区位选择影响的实证分析[J].南方经济,2010,(6):39-50.
    [83]谢申祥,王孝松,黄保亮.经济增长、外商直接投资方式与我国的二氧化硫排放基于2003~2009年省际面板数据的分析[J].世界经济研究,2012,(4):64-70
    [84]邱立成,于李娜.中国对外直接投资:理论分析与实证检验[J].南开学报(哲学社会科学版),2005,(2),72-77
    [85]班允浩.FDI进入方式选择:绿地投资与跨国并购[D]:[东北财经大学博士学位论文].吉林:东北财经大学,2005
    [86]刘细良.跨国公司在华并购与政府规制关系的实证研究[J].当代财经,2011,(10):91-100.
    [87] Walter I.Ugelow,J.L.Environmental Policies in Developing Countries[J].Ambio,1979,(8):102-109
    [88] Baumol W.J.,Oates. The Theory of Environmental Policy[M].CambridgeMassachusetts: Cambridge University Press,1989
    [89] Wheeler D.,Moody A. International Investment Location Decisions: The Caseof US Firms[J]. Journal of International Economics,1992,(33):57-76
    [90] Jaffe, A.B., S.R. Peterson, P.R. Portney, R.N. Stavins, EnvironmentalRegulation and the Competitiveness of US Manufacturing: What DoesEvidence Tell Us[J]. Journal of Economic Literature,1995,33(1):132-163
    [91] Eskeland.G.,Harrison.A. Moving to Greener Pastures? Multinationals and ThePollution Haven Hypothesis[R]. Washington DC. The World Bank,1997,(1):17-44
    [92] Leonard Ortolano.Environmental Regulation and Impact Assessment[J].Journal of Hydrology,1998,(20):138-140
    [93] Christmann,P.,Taylor,G.Globalization and the Environment: Determinants ofFirm Self-Regulation in China[J]. Journal of International Business Studies,2001,(3):439-458
    [94] Anderson. Adversarial Legalism, Transaction Costs, and the Industrial FlightHypothesis Draft[J]. International Review of Law and Economics,2000,(20):1-19
    [95] Globerman,S.,Shapiro,D. Global Foreign Direct Investment Flows: the Role ofGovernance Infrastructure [J].World Development,2002,(11):1899-1919
    [96] Schoppa, L.J. Neoliberal Economic Policy Preferences of the New Left:Home Grown or an Anglo-American Import?[J]The Left in the Shaping ofJapanese Democracy,2006
    [97] Witt, M.A.,Levin A.Y. Outward Foreign Direct Investment as Escape Responseto Home Country Institutional Constraints[J].Journal of International BusinessStudies,2007,(38):579-594
    [98] Dean,J.M.Lovely,M.E.and Wang.H.Are Foreign Investors Attracted to WeakEnvironmental Regulations? Evaluating the Evidence from China,Word BankPolicy Research Working Paper3505,2004
    [99]傅元海,史言信.制度政策与外商直接投资质量基于中国1985年~2007年数据的计量检验[J].经济经纬,2011,(6):67-71
    [100]吴彬,李延勇,刘军..国际生产折衷理论的环境涵义[J].经济管理,2006,(6):4-7
    [101]胡美琴,骆守俭.跨国公司绿色管理中国特色现象分析[J].生产力研究,2008,(13):4-6
    [102]杨博琼. FDI对东道国环境污染的影响基于中国的实证检验[D]:[南开大学博士学位论文].天津:南开大学,2010
    [103] Gollop, F. and Roberts. M. Environmental Regulations and ProductivityGrowth:The Case of Fossil-Fueled Electric Power Generation[J].Journal ofPolitical Economy,1983,(91):654-74
    [104] Rhoades S.E. The Economist’s View of the World:Government, Markets andPublic Policy [M].New York:Cambridge University Press,1985
    [105] Armin Schmutzler.Environmental Regulations and Managerial Myopia[J].Environmental&Resource Economics,2001,18(1):87-100
    [106]许庆瑞,王伟强,吕燕.中国企业环境技术创新研究[J].中国软科学,1995,(5):21-26
    [107] Eliste,P.,Fredriksson.P.G. Does Open Trade Result in a Race to theBottom?Cross Country Evidence[M].Mimeo,Washington DC: The world Bank,1998
    [108] Lanjouw, Mody, A.Innovation and the International Diffusion ofEnvironmentally ResponsiveTechnology[J]. Research Polic y,1996,25(4):549-571
    [109] Hamamoto,M.Environmental Regulation and the Productivity of JapaneseManufacturing Industries[J]. Resource and Energy Economics,2006,(28):299-312
    [110] Brunnermeier S.B,aCohen M.A.Determinants of Environmental Innovation inUS Manufacturing Industries[J].Journal of Environmental Econmics andManagement,2003,(45):102-121
    [111]张红凤.制约、双赢到不确定性环境规制与企业竞争力相关性研究的演进与借鉴[J].财经研究,2008,(7):16-26
    [112]黄德春,刘志彪.环境规制与企业自主创新-基于波特假设的企业竞争优势构建[J].中国工业经济.,2006,(3):100-106
    [113]赵红.环境规制对产业技术创新的影响-基于中国面板数据的实证分析[J].产业经济研究,2008,(3):35-40
    [114]潘佳佳.环境管制压力下我国工业企业的创新发展研究[J].科技管理研究,2009,(12):327-329
    [115]吴磊.我国环境规制、自主创新与FDI内含技术水平提升[J].中国人口资源与环境,2010,(3):130-135
    [116] Ecker,S.,Coote,L.Best Farms-an Integrated Approach to EnvironmentallySustainable Farming in the South-west Region of Western Australia[J].Austrasian Journal of Environmental Management,2005,12(4):215-220
    [117] Lanoie.P.,Patry.M.,Lajeunesse.R.Environmental Regulation and Productivity:Testing the Porter Hypothesis [J].Journal of Productivity Analysis,2008,(30):121-128
    [118] Fare,Grosskopf, Shawna,Zhang.Productivity Growth, Technical Progress, andEfficiency Change in Industrialised Countries [J].American EconomicsReview,1994,(84):66-83
    [119] Jeon, B.M.,Sickles,R.C.The role of Environmental Factors in GrowthAccounting[J]. Journal of Applied Econometrics,2004,(19):567-591
    [120] Chung,Y., Fare R.,Grosskopf, S. Productivity and Undesirable Outputs: ADirectional Distance Function Approach[J].Journal of EnvironmentalManagement,1997,(51):229-240
    [121] Lindenberger,D.Measuring the Economic and Ecological Performance ofOECD Countries[J].EWI Working Paper No04,2004
    [122] Domazlicky,B,Weber,W.Does Environmental Protection Lead to SlowerProductivity Growth in the Chemical Industry?[J].Environmental andResource Economics,2004,(28):301-324
    [123] Murty MN, S Kumar and M Paul.Environmental Regulation, ProductiveEfficiency and Cost of Pollution Abatement:A Case Study of the SugarIndustry in India[J].Journal of Environmental Management,2006,79(1):1-9
    [124] Veenman,M.V.J,Wilhelm,P.,Beishuizen,J.J.The Relation Between Intellectualand Metacognitive Skills from a Developmental Perspective[J].Learning andInstruction,2004,(14):98-109
    [125] Fare.R,Grosskopf.S,Noh D.W.,Weber.W..Characteristics of a PollutingTechnology: Theory and Practice [J].Journal of Econometrics,2005,(126):469-492
    [126] Christiansen G.B.,Haveman R.H.The contribution of EnvironmentalRegulations to Slowdown in Productivity Growth[J].Journal of EnvironmentalManagement,1981,(4):125-136
    [127] Walley,N.,Whitehead.It’s not Easy Being Green[J].Harvard Business Review,1994,(5):45-55
    [128] Denison,E.F. Accounting for Slower Eceonomic Growth:The United States inthe1970s. Southern Economic Journal,1981,(4):1191-1193
    [129] Gray W,B.The cost of regulation:OSHA,EPA and the productivityslowdown[J].American Economic Review,1987,77(5):998-1006
    [130] Majumdar S K,Marcus A.A. Rules versus discretion: the productivityconsequences of flexible regulation [J]. Academy of Management Journal,2001,44(1):170-179
    [131] Gray W.B Shabegian. Pollution Abatement Cost, Regulation and Plant LevelProductivity[J].WashingtonD.C: NBER Wbrking Paper,1995
    [132] Alpay,S.Can Environmental Regulations be Compatible with HigherInternational Competitiveness? Some New Theoretical Insights[M].Milan:FEEM Notadi Lavoro,2003.
    [133]王兵,吴延瑞,颜鹏飞.环境规制与全要素生产率增长: APEC的实证研究[J]经济研究,2008,(5):19-32
    [134]解垩.环境规制与中国工业生产率增长[J].产业经济研究,2008,(1):19-26
    [135]张成,于同申,郭路环境规制影响了中国工业的生产率吗基于DEA与协整分析的实证检验[J].经济理论与经济管理,2010,(3):11-17
    [136]王文普.环境规制竞争对经济增长效率的影响:基于省级面板数据分析[J].当代财经,2011,(9):22-34
    [137]沈可挺,龚健健.环境污染、技术进步与中国高耗能产业基于环境全要素生产率的实证分析[J].中国工业经济,2011,(12):25-34
    [138]许冬兰,董博.环境规制对技术效率和生产力损失的影响分析[J].中国人口资源与环境,2009,(6):91-96
    [139]吴军.环境规制与中国区域生产率增长[J]统计研究,2010,(1):83-89
    [140]王兵,王丽.环境约束下中国区域工业技术效率与生产率及其影响因素实证研究[J].南方经济,2010,(11):3-19
    [141]叶祥松,彭良燕.我国环境规制下的规制效率与全要素生产率研究:1999-2008[J].财贸经济,2011.(2):102-110
    [142]陈茹,王兵,卢金勇.环境规制与工业生产率增长:东部地区的实证研究[J].产经评论,2010,(3):74-83
    [143]张成,陆旸,郭路,于同申.环境规制强度和生产技术进步[J].经济研究,2011,(2):113-124
    [144]岳书敬,刘富华.环境约束下的经济增长效率及其影响因素[J].数量经济技术经济研究.2005,(5):94-105
    [145]周建,张德远,顾柳柳.节能减排约束与工业增长模式转型机制研究-基于非参数环境生产函数的上海和全国对比的实证分析[J].财经研究,2010,(9):100-111
    [146]白雪洁,宋莹.环境规制.技术创新与中国火电行业的效率提升[J].中国工业经济,2009,(8):68-77
    [147]张各兴,夏大慰.所有权结构、环境规制与中国发电行业的效率基于20032009年30个省级面板数据的分析[J].中国工业经济,2011,(6):130-140
    [148] Driffield,N.,Love,J.H.Foreign Direct Investment,Technology Sourcing andReverse Spillovers[M].The Manchester School,2003
    [149] Lichtenberg, Frank R.,Pottelsberghe de la Potterie,Bruno v. International R&DSpillovers: A Comment[J]. European Economic Review,1998,42(8):1483-1491
    [150] Gwanghoon Lee.The effectiveness of International Knowledge SpilloverChannels[J].. European Economic Review,2006,(50):2075-2088
    [151]陈昭,欧阳秋珍.反向技术溢出、技术进步和我国经济增长-基于面板协整模型的分析[J].世界经济研究,2010,(8):52-58
    [152]茹玉骢.技术寻求型对外直接投资及其对母国经济的影响[J].经济评论,2004,(2):109-112
    [153] Dasgupta,S.,B.,N. Mamingi,H,Wang.Inspections Pollution Prices andEnvironmental Performance: Evidence from China[J].Ecological Eco nomics,2001,(36):487-498
    [154] Main and Wheeler.In Search of Pollution Havens?Dirty Industry in the WorldEconomy,1960-1999[J].Journal of Economics and Environment,2003,7(3):215-247
    [155]郭国林.影响FDI区位选择的主要因素---基于北京市的实证分析[J].黑龙江对外经贸,2009,(8):40-42
    [156]何兴强,王丽霞.中国FDI区位分布的空间效应研究[J].经济研究,2008,(11):137-150
    [157] Markusen,J.R.Multinationals, Multi-Plant Economies, and the GainsfromTrade[Journal ofInternational Economics,16(3-4):205-226
    [158] Helpman,Elhanan.A Simple Theory of International Trade with MultinationalCorporations[J].Journal of Political Economy,1994,92(3):125-136
    [159] Shatz,H.,A.J. Venables.The Geography of International Investment[J].WorldBank Policy Research Working Paper No.2338,2000
    [160]袁铖.农村剩余劳动力的转移与中国农村新型工业化[J].农业经济问题,2003,(4):34-38
    [161]杨晓明,田澎.FDI区位选择因素研究---对我国三大经济圈及中西部地区的实证研究[J].财经研究,2005,(11):98-107
    [162]文东伟,冼国明.垂直FDI、区位选择与工资差异[J].南开经济研究,2009,(6):54-75
    [163]卢现祥.西方新制度经济学[M].北京:中国发展出版社,2009
    [164]陈继勇,郝群花.外商在华直接投资行业分布的非均衡增长研究基于行业数据的面板分析[J].经济管理,2009,(1):17-22
    [165]贺灿飞,陈颖.澳地区对中国内地直接投资的区位选择及其空间扩散[J].地理科学,1997,(3):193-200
    [166]赵佳颖,富元斋.中国企业技术获取型FDI逆向溢出效应机理分析[J].山东经济,2009,(5):64-69
    [167]裴长洪,樊瑛.中国企业对外直接投资的国家特定优势[J].中国工业经济,2010,(7):45-54
    [168]赵祥.产业集聚效应与企业成长基于广东省城市面板数据的实证研究[J].南方经济,2009,(8):26-38
    [169] Arellano Manuel, Olympia Bover. Another Look at the Instrumental VariableEstimation of Error-Component Models[J]. Journal of Econometrics,1995,(68):29-51
    [170] Baum,C.F.An Introduction to Modern Econometrics Using Stata[M].CollegeStation (USA): Stata Press,2006.
    [171] Roodman,D. How to Do xtabond2: An Introduction to 'Difference'and'System'GMM in Stata[J].Center for Global Development Working Paper103,2007
    [172]蒋殿春.跨国公司对我国企业研发能力的影响:一个模型分析[J].南方经济,2004,(4):62-66.
    [173]冯涛,赵会玉,杜苗苗.外商在华直接投资区域聚集非均衡性的实证研究[J].经济学(季刊),2008,(2):565-586
    [174]夏友富.外商投资中国污染密集产业现状、后果及其对策研究[J].管理世界,1999,(3):109-123
    [175]谢姚刚.理性看待污染密集产业转移[J].国际贸易问题,2004,(11):63-65
    [176]杨涛,盛柳刚.中国城市劳动力市场的一体化进程[J].经济学(季刊),2007,(3):817-840
    [177] Grossman G.,Krueger A. Environmental impacts of a North American freetrade Agreement[J].NBER Working Paper No.3914,1991
    [178] Bhagwati,Jagdish. The Case for Free Trade[J].Scientific American,1993,(2):42-43
    [179] Matthew Cole.Economic Growth and Water Use[J].Applied Economics Letters,2004,11(1):1-4
    [180]王传宝,刘林奇.我国环境规制出口效应的实证研究[J].国际贸易问题,2009,(6):83-90.
    [181]江珂,卢现祥.环境规制相对力度变化对FDI的影响分析[J].中国人口·资源与环境,2011,(12):46-51
    [182]丁辉侠,冯宗宪,王青.投资来源国的特定因素对中国FDI的影响以多维度要素模型为基础的实证分析[J].国际贸易问题,2006,(12):63-68
    [183] Anselin,L. Spatial Econometrics: Methods and Models[M].Dordrecht,KluwerAcademic,1988
    [184] Blonigen,B. A.,Ronald.B.D.and Naughton.H.,FDI in Space: SpatialAutoregressive Relationship in Foreign Direct Investment[J].EuropeanEconomic Review,2007,51(5):1303-1325
    [185]吕贤俊,朱玉杰.中国外商直接投资的不同来源体的相关因素分析[J].清华大学学报(哲学社会科学版),2005,(1):60-65
    [186] deMello, L.R. Foreign Direct Investment in Developing Countries and Growth:A Selective Survey[J].Journal of Development Studies,1997,(34):1-34
    [187] Philippe Barla,S.Perelman.Sulphur Emissions and Productivity Growth inIndustrialised Countries[J].Annals of Public and Cooperative Economics,2005,76(2):275-300
    [188]李梅,金照林.国际R&D、吸收能力与对外直接投资逆向技术溢出基于我国省际面板数据的实证研究[J].国际贸易问题,2011,(10):124-136
    [189] Macdougall,G.D.The Benefits and Costs of Private Investment from Abroad:ATheoretical Approach[J].Economic Record,1960,(3):13-35
    [190] Kogut,B.,Chang,S.J.Technological Capabilities and Japanese Foreign DirectInvestment in the United States[J].Review of Economics and Statistics,1991,(73):401-413
    [191]盛斌.中国对外贸易贸易政策的政治经济分析[M].上海:上海人民出版社,2002
    [192] Yang, Guifang,Maskus,K.E.Intellectual Property Rights,Licensing, andInnovation in an Endogenous Product-cycle Model[J].Journal of InternationalEconomics,2001,53(1):169-187
    [193] Eicher,T.,Garcia-Penalosa,C.Endogenous Strength of Intellectual PropertyRights:Implications for Economics Development and Growth[J].EuropeanEconomic Review,2008,(52):237-258
    [194]王滨.FDI技术溢出、技术进步与技术效率-基于中国制造业1999-2007年面板数据的经验研究[J].数量经济技术经济研究,2010,(2):93-103
    [195] Brunnermeier,S.B,Cohen,M.A Determinants of Environmental Innovation inUS Manufacturing Industries[J].Journal of Environmental Econmics andManagement,2003,(45):278-293
    [196] Slater J,Angel I,T.The Impact and Implications of Environmentally LinkedStrategies on Competitive[J].Journal of Business Research,2000,47(1):75-89
    [197] Blackman, Allen and Xun Wu.Foreign Direct Investment in China's PowerSector:Trends, Benefits and Barriers[J].Energy Policy,1999,(12):695-711
    [198] Ruud,A.Environmental Management of Transnational Corporations inIndia:Are TNCs Creating Islands of Environmental Excellence in a sea ofDirty?[J].Business Strategy and the Environment,2002,11(2):103-118
    [199] Wesley M. Cohen,D.A. Levinthal.Absorptive Capacity: A New Perspective onLearning and Innovation[J].Administrative Science Quarterly,1990,35(1):128-152
    [200] Siotis.Foreign Direct Investment Strategies and Firm's Capabilities[J].Journalof Economic and Management Strategy,1999,8(2):251-270
    [201]马天毅,马野青,张二震.外商直接投资与我国技术创新能力[J].世界经济研究,2006,(7):4-8
    [202]倪海青,张岩贵.对外贸易与区域技术进步差异[J].世界经济研究,2008,(4):33-38
    [203] Helpman,E.Innovation, Imitation, and Intellectual Property Rights[J].Econometrica,1993,(61):1247-1280
    [204] Glass, A.J.,Saggi,K.Multinational Firms and Technology Transfer[J].Scandinavian Journal of Economics,2002,104(4):495-513
    [205]宣烨.外商投资的技术溢出效应-基于企业特征视角的考察-以江苏为例[J].南方经济,2007,(6):51-60
    [206]聂辉华,方明月,李涛.增值税转型对企业行为和绩效的影响以东北地区为例[J].管理世界,2009,(5):17-35
    [207]李卫华.现代比较优势理论剖析[J].中南财经政法大学学报,2007,(1):16-20
    [208]余长林.知识产权保护与国际R&D溢出[J].世界经济研究,2011,(8):70-75

© 2004-2018 中国地质图书馆版权所有 京ICP备05064691号 京公网安备11010802017129号

地址:北京市海淀区学院路29号 邮编:100083

电话:办公室:(+86 10)66554848;文献借阅、咨询服务、科技查新:66554700