环境规制是否影响了双向FDI的产业升级效应  

Whether environmental regulation affects the industrial upgrading effect of two-way FDI

作　　者：韩先锋 宋文飞 朱承亮[3] Han Xianfeng;Song Wenfei;Zhu Chengliang(Faculty of Management and Economics,Kunming University of Science and Technology,Kunming 650093,Yunnan,China;Northwest Institute of Historical Environment and Socio-EconomicDevelopment,Shaanxi Normal University,Xi′an 710119,Shaanxi,China;Institute of Quantitative and Technical Economics,Chinese Academy of Social Sciences,Beijing 100732,China)

机构地区：[1]昆明理工大学管理与经济学院,云南昆明650093 [2]陕西师范大学西北历史环境与经济社会发展研究院,陕西西安710119 [3]中国社会科学院数量经济与技术经济研究所,北京100732

出　　处：《科研管理》2023年第7期124-133,共10页Science Research Management

基　　金：国家社会科学基金一般项目:“双向跨境投资驱动中国创新发展的时空演化机制及其共轨溢出效应研究”(19BJL076,2019.07—2022.12);昆明理工大学人文社科培育重点项目:“数字金融赋能区域绿色创新的演化机制及效应研究”(PYZDD202204,2022.12—2024.12)。

摘　　要：在经济高质量发展的现实要求下,研究双向FDI的产业升级效应问题已无法规避环境规制策略的动态调节机制。采用中国2004—2019年30省份面板数据及门槛计量技术,实证考察了环境规制能否有效倒逼和动态纠偏双向FDI的产业升级效应。结果发现:OFDI对产业升级产生了积极影响,而IFDI则妨碍了产业升级,并未显现国际资本助力中国产业升级的“双轮驱动”现象;双向FDI的动态产业升级效应存在明显差异,OFDI和IFDI对产业升级的影响分别具有“U”型和负向“U”型演化特征;环境规制能彻底扭转双向FDI对产业升级的潜在不利冲击,可完全成为国际资本有效驱动产业升级的双向“调控器”,但相比“走出去”,须在“引进来”过程中实施更为严厉的环境规制策略;现阶段的环境规制强度最有利于倒逼OFDI逆向产业升级,但对IFDI驱动产业升级总体具有消极的纠偏效果;双向FDI驱动产业升级的环境规制调节机制存在空间差异,东部地区要实现最优调节效果需实施远高于中、西部地区的环境规制强度;现阶段环境规制虽对各地区OFDI逆向产业升级产生了不同程度的积极调节效果,但并未能有效倒逼东、西部地区实现IFDI与产业升级的协调发展。本文研究表明,应因事制宜、因时制宜、因地制宜地设计更加细分、灵活的环境规制策略,以充分发挥环境规制在OFDI和IFDI驱动产业升级过程中的双向“调控器”功能。In the new era,accelerating industrial upgrading has become a key measure for China to achieve high-quality economic development.It is generally believed that,whether it is cross-border capital inflow or outflow,it is often accompanied by overall transfer and reallocation of a large number of technologies,human capital and management experience,so that the role of two-way FDI in driving industrial upgrading cannot be ignored.In particular,with the continuous deepening of the concept of green development in China,the government has continuously raised the"quality threshold"of international capital flows,which invisibly promotes environmental regulation to become an important tool for regulating international capital flows.Unfortunately,few academic studies have paid attention to this issue.Under such circumstances,scientific analysis of whether environmental regulation can become a"regulator"for two-way FDI-driven industrial upgrading in the new era undoubtedly has important theoretical and practical significance.Literature analysis found that there are still some shortcomings among existing research:Firstly,the dynamic evolution law and phase characteristics of the role of two-way FDI in the process of industrial upgrading are ignored;Secondly,there is no literature systematically explaining whether environmental regulation can become a"regulator"for two-way FDI to drive domestic industrial upgrading.The main innovation of this paper is that it effectively identifies the effects of environmental regulation on international capital inflows,outflows and domestic industries,as well as the dynamic and differentiated adjustment characteristics in the process of upgrading the internal correlation,and then based on the new perspective of two-way regulation of environmental regulation,it provides a feasible solution for effectively realizing the coordinated development of international capital investment and domestic industrial upgrading.Using panel data from 30 provincial-level regions in China from 2004 to 2019,and thr

关 键 词：环境规制 外商直接投资 对外直接投资 产业升级 动态调节 

分 类 号：F205[经济管理—国民经济]