School of International Trade and economics, University of International Business and Economics, Boxue Building 11th floor, 10 Huixing Dongjie Chaoyang District, Beijing, 100029, China.
Environ Sci Pollut Res Int. 2021 Apr;28(15):19424-19438. doi: 10.1007/s11356-020-12237-2. Epub 2021 Jan 4.
The study examines the moderating role of institutional quality and technological innovation on the empirical relationship between FDI inflows and four indicator variables of COemissions in 40 Asian countries for the period 1996-2016, by using generalized method of moment (GMM) estimation. First, from non-interactive regression, FDI inflows have positive impacts on COemissions; over all, from our empirical results, we conclude that the moderating role of institutional quality and technological innovation is crucial in the nexus between FDI and carbon COemissions and the interaction between institutional quality indicators and FDI inflows significantly reduce the level of CO emissions. Furthermore, the significant moderating effect of technological innovation is observed on the association between FDI and CO emissions. The results are important for policy makers in setting up long- and short-term policy to protect environmental quality.
该研究使用广义矩法（GMM）估计，考察了制度质量和技术创新对 1996-2016 年间 40 个亚洲国家外国直接投资流入与 CO 排放量四个指标变量之间实证关系的调节作用。首先，从非交互回归来看，外国直接投资流入对 CO 排放量有正向影响；总的来说，根据我们的实证结果，我们得出结论，制度质量和技术创新的调节作用在外国直接投资和碳 CO 排放之间的关系中至关重要，制度质量指标与外国直接投资流入之间的相互作用显著降低了 CO 排放量水平。此外，技术创新对外国直接投资和 CO 排放之间的关联具有显著的调节作用。这些结果对于政策制定者制定长期和短期政策以保护环境质量非常重要。
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