An Empirical Study on the Impact of Foreign Direct Investment on Green Total Factor Productivity
DOI:
https://doi.org/10.54097/fbem.v6i2.2633Keywords:
Foreign Direct Investment, Green Total Factor Productivity, influence degree Coefficient, action mechanismAbstract
In order to study the impact between Foreign Direct Investment (FDI) and Green Total Factor Productivity (GTFP), this work first introduces the concepts of FDI and GTFP and the impact mechanism between them. Then, the calculation method of GTFP is explored. According to the influencing factors, the impact model of FDI on GTFP is constructed. Finally, the influence degree coefficients of each influencing factor are calculated through experiments, and the influencing factors and influence degree of FDI on GTFP are obtained. The results show that the parameter of domestic research and development (R&D) capital investment is the largest, reaching 11.47, which is significant at 1%. It indicates that the growth of GTFP is most affected by domestic R&D capital investment, and the two are positively correlated. The research on the influencing factors of FDI on GTFP is of practical significance to the growth of GTFP under the influence of FDI.
Downloads
References
Hua C, Chen J, Wan Z, et al. Evaluation and governance of green development practice of port: A sea port case of China. Journal of Cleaner Production, 2020, 249, pp. 119434.
Lee C C, Lee C C. How does green finance affect green total factor productivity? Evidence from China. Energy Economics, 2022, 107, pp. 105863.
Paul J, Feliciano-Cestero M M. Five decades of research on foreign direct investment by MNEs: An overview and research agenda. Journal of business research, 2021, 124, pp. 800-812.
Brada J C, Drabek Z, Iwasaki I. Does investor protection increase foreign direct investment? A meta‐analysis. Journal of Economic Surveys, 2021, 35(1), pp. 34-70.
Chen H, Guo W, Feng X, et al. The impact of low-carbon city pilot policy on the total factor productivity of listed enterprises in China. Resources, Conservation and Recycling, 2021, 169, pp. 105457.
Li T, Liao G. The heterogeneous impact of financial development on green total factor productivity. Frontiers in Energy Research, 2020, 8, pp. 29.
Xia F, Xu J. Green total factor productivity: A re-examination of quality of growth for provinces in China. China Economic Review, 2020, 62, pp. 101454.
Jin G, Shen K, Li J. Interjurisdiction political competition and green total factor productivity in China: An inverted-U relationship. China Economic Review, 2020, 61, pp. 101224.
Lu X, Jiang X, Gong M. How land transfer marketization influence on green total factor productivity from the approach of industrial structure? Evidence from China. Land Use Policy, 2020, 95, pp. 104610.
Li T, Liao G. The heterogeneous impact of financial development on green total factor productivity. Frontiers in Energy Research, 2020, 8, pp. 29.
Hu Z, Pei K. Bi-directional R&D spillovers and operating performance: A two-tier stochastic frontier model. Economics Letters, 2020, 195, pp. 109485.
