Examining the role of China's outward direct investment in realizing carbon neutrality: empirical evidence from Belt and Road countries

doi:10.1108/IJOEM-09-2021-1492

	Examining the role of China's outward direct investment in realizing carbon neutrality: empirical evidence from Belt and Road countries
	Jiang, Qingyan 3,4; Yang, Cuihong 3,4; Wu, Jie 2; Xia, Yan 1,5
刊名	INTERNATIONAL JOURNAL OF EMERGING MARKETS
	2022-03-21
页码	21
关键词	Outward direct investment Carbon emission effect Input-output model Spatial Durbin model
ISSN号	1746-8809
DOI	10.1108/IJOEM-09-2021-1492
英文摘要	Purpose Known as the major capital providers in Belt and Road countries and the largest carbon emitter in the world, what role China's outward direct investment (ODI) plays in carbon neutralization has become a matter of concern. This study aims to measure the impact of China's ODI on the carbon emissions of Belt and Road countries. Design/methodology/approach Based on an econometric model and an inter-regional input-output model, a new model measuring the carbon emission effects of ODI is developed. Findings The empirical results show that (1) in general, China's ODI generates an emission-reduction effect in Belt and Road countries; (2) The relationship between the emission-reduction effect and income level of host countries shows an approximate inverted U-shaped trend; and (3) China's ODI generates stronger emission-reduction effects on capital-intensive industries. Originality/value This study quantitatively measures the scale of carbon emission-increase and reduction effect, which is relatively lacking in previous studies. This study explores the heterogeneity from the perspectives of regions, countries and industries. The authors have compiled an inter-regional input-output table for the Belt and Road countries for 2014 to provide a broad basis for the study of related issues.
WOS研究方向	Business & Economics
语种	英语
出版者	EMERALD GROUP PUBLISHING LTD
WOS记录号	WOS:000772799400001
内容类型	期刊论文
源URL	[http://ir.amss.ac.cn/handle/2S8OKBNM/60224]
专题	中国科学院数学与系统科学研究院
通讯作者	Xia, Yan
作者单位	1.Chinese Acad Sci, Inst Dev, Beijing, Peoples R China 2.Shanghai Univ Finance & Econ, Sch Stat & Management, Shanghai, Peoples R China 3.Univ Chinese Acad Sci, Beijing, Peoples R China 4.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China 5.Chinese Acad Sci, Inst Sci, Beijing, Peoples R China
推荐引用方式 GB/T 7714	Jiang, Qingyan,Yang, Cuihong,Wu, Jie,et al. Examining the role of China's outward direct investment in realizing carbon neutrality: empirical evidence from Belt and Road countries[J]. INTERNATIONAL JOURNAL OF EMERGING MARKETS,2022:21.
APA	Jiang, Qingyan,Yang, Cuihong,Wu, Jie,&Xia, Yan.(2022).Examining the role of China's outward direct investment in realizing carbon neutrality: empirical evidence from Belt and Road countries.INTERNATIONAL JOURNAL OF EMERGING MARKETS,21.
MLA	Jiang, Qingyan,et al."Examining the role of China's outward direct investment in realizing carbon neutrality: empirical evidence from Belt and Road countries".INTERNATIONAL JOURNAL OF EMERGING MARKETS (2022):21.