Abstract
Continuing from our discussions in the preceding chapter, we now focus on the relationship between foreign direct investment (FDI) and sustainable development in the case of the Chinese regions in this chapter. Undoubtedly huge inflows of FDI were an important driving force behind China’s economic development. FDI may exert important environmental consequences.
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Notes
- 1.
This chapter is closely related to the preceding one because FDI inflows and foreign trade in China were always closely linked. Foreign Invested Enterprises (FIE’s) generally accounted for over 50 % of China’s exports and over 60 % of China’s imports (see Whalley and Xin 2010).
- 2.
We should thus note that our regression specification in (7.5) does not explicitly control for the effects of the industry mix and the input of natural resources on pollution emission.
- 3.
Suppose for the moment the industry mix is held fixed.
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Jiang, Y. (2016). Foreign Direct Investment and Sustainable Development. In: Green Development in China. SpringerBriefs in Economics. Springer, Singapore. https://doi.org/10.1007/978-981-10-0693-7_7
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DOI: https://doi.org/10.1007/978-981-10-0693-7_7
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