“污染天堂”假说与影响因素的中国省际研究  

A Panel Co-integration Analysis of the Pollution Haven Hypothesis and Its Determinants in China

作　　者：杨子晖[1] 田磊[2] 

机构地区：[1]中山大学岭南学院 [2]浙江财经大学财政税务学院

出　　处：《世界经济》2017年第5期148-172,共25页The Journal of World Economy

基　　金：国家自然科学基金资助项目(71273286;71403250);教育部哲学社会科学研究后期资助重点项目(13JHQ010);中央高校基本科研业务费专项资金;中山大学高级金融研究院的资助

摘　　要：本文结合前沿的面板协整分析方法,对1991-2011年中国各省的外商投资(FDI)与环境污染的关系展开深入研究,以对"污染天堂"与"污染光环"假说进行检验,并在此基础上考察经济开放度、环境监管强度、资本密集度等因素对两者关系的影响。研究结果表明,污染天堂假说只在中国部分省份成立。利用动态滚动窗口面板分析等方法对两者关系潜在影响因素的分析表明,随着贸易开放程度的扩大,当地环境恶化的压力也将随之增加;以资本密集度不断提高为主要形式的产业结构升级,在一定程度上促进了污染排放技术的改进,从而降低了FDI污染系数。此外,各地区环境监管力度的加强将对FDI的污染排放行为产生抑制效果,而环保投资比例对污染系数不具有显著影响。To verify the validity of ＂Pollution Haven Hypothesis＂ and ＂Pollution Halo Hypothesis＂, we analyze the relationship between FDI and the environmental pollution in 28 provinces of China by adop- ting the newly-developed panel co-integration technology. To provide significant evidences for the causes of ＂pollution haven＂, we also explore whether or not the degree of openness, government regulation, ecologi- cal development and other factors have significant impacts on the relationship. Our paper shows that the ＂Pollution Haven Hypothesis＂ and ＂Pollution Halo Hypothesis＇are supported for some provinces, respec- tively. Based on the panel analysis of rolling windows, our results show that ecological environments deteri- orate further with the degree of openness to trade, and industrial upgrading improves the pollutant emission technique and decrease the pollution ratio. Additionally, the stringency of environmental regulation, rather than the environmental protection investment, display significant effect on the FDI＇s emission reduction.

关 键 词：招商引资 污染天堂假说 面板协整分析 

分 类 号：F832.6[经济管理—金融学]