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Will Fiscal Decentralization Influence FDI Inflows? A Spatial Study of Chinese Cities

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成果类型:
期刊论文
作者:
Wang, Jing;Wei, Wei;Deng, HuiHui*;Yu, Yihua
通讯作者:
Deng, HuiHui
作者机构:
[Wang, Jing] Chongqing Technol & Business Univ, Sch Econ, Chongqing, Peoples R China.
[Wei, Wei] Cent China Normal Univ, Sch Econ & Business Adm, Wuhan, Hubei, Peoples R China.
[Deng, HuiHui] Univ Int Business & Econ, Inst Int Econ, Beijing 100029, Peoples R China.
[Yu, Yihua] Renmin Univ China, Sch Econ, Beijing, Peoples R China.
通讯机构:
[Deng, HuiHui] U
Univ Int Business & Econ, Inst Int Econ, Beijing 100029, Peoples R China.
语种:
英文
关键词:
environmental regulation stringency;FDI inflows;fiscal decentralization;spatial Durbin model
期刊:
Emerging Markets Finance and Trade
ISSN:
1540-496X
年:
2017
卷:
53
期:
9
页码:
1988-2000
基金类别:
National Natural Science Foundation of China#&#&#71303048#&#&#71303088 Humanities and Social Sciences Foundation of the Ministry of Education of China#&#&#13YJC790157 Fundamental Research Funds for the Central Universities in UIBE#&#&#CXTD7-05 Fundamental Research Funds for the Central Universities and the Research Funds of Renmin University of China#&#&#13XNJ017 Characteristics Items of International Economy (International Investment) in UIBE#&#&#324-8110051101 National Social Science Foundation of China#&#&#15BJL099
机构署名:
本校为其他机构
院系归属:
经济与工商管理学院
摘要:
Will fiscal decentralization policy impact Foreign Direct Investment (FDI) inflows in China? Will cities attract FDI at the expense of the environment? This study aims to answer these questions using China’s city-level data in 2014 and a spatial Durbin modelling approach. We find that: (1) Fiscal decentralization does promote FDI inflows; (2) FDI inflows show significant positive spatial agglomeration and spillover effects; (3) Lower environmental regulation stringency contributes to attracting FDI inflows and a stricter environmental regulati...

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