污染天堂和国际直接投资对环境的影响：以中国省市的二氧化硫排放为依据外文翻译.docVIP

外文翻译 原文 Pollution haven hypothesis and Environmental impacts of foreign direct Investment: The Case of Industrial Emission of Sulfur Dioxide (SO2) in Chinese provinces Material Source: CERDI,Etudes et Documents,Ec2005,06 Author: Jie HE Abstract Recognizing the complex inter-correlation between FDI emission and the three economic determinants of emission, we constructed a simultaneous model to study the FDI-emission nexus in China by exploring both the dynamic recursive FDI entry decision and the linkage from FDI entry to final emission results under the intermediation of the scale, composition and technique effects. The model is then estimated on the panel data of China’s 29 provinces’ industrial SO2 emission. Result shows that, exerting through different channels; the total impact of FDI on industrial SO2 emission is very small. With 1% increase in FDI capital stock, industrial SO2 emission will increase by 0.099%,in which the emission increase caused by impact of FDI’s role in reinforcement of environmental regulation. By introducing to the simultaneous system the recursive dynamism that supposes FDI entry decision to depend on last period’s economic growth and environmental regulation stringency, our model also provides convincing supportive evidences for ‘Pollution haven’ hypothesis. Although FDI enterprises in China generally produce with higher pollution efficiency ,the rise in environmental regulation stringency still has modest deterrent effect on FDI capital inflow. Furthermore, the composition transformation impact of FDI in China seems to be dominated by the inflow of foreign capital pursing a ‘production platfom’ that provides lower pollution regulation compliance cost. Kye words: foreign direct investment, industrial SO2 emission, simultaneous, scale effect, composition effect, income effect, and pollution haven hypothesis Pollution haven hypothesis and Environmental impacts of foreign direct investment: The Case of Industrial Emission of Sulfur Dioxi