Fundamental Research Funds for the Central UniversitiesFundamental Research Funds for the Central Universities; Renmin University of China [13XNJ017]; National Social Science Foundation of China [15BJL099]; Fundamental Research Funds for the Central Universities in UIBE [CXTD7-05]; Characteristics Items of International Economy (International Investment) in UIBE [324-8110051101]; Humanities and Social Sciences Foundation of the Ministry of Education of ChinaMinistry of Education, China [13YJC790157]
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...