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eISSN: 2083-5906
ISSN: 1230-1485
ISSN: 1230-1485
ORIGINAL RESEARCH
The Green Effects of China’s Direct Investment
in Belt and Road Initiative Countries: Mechanisms
and Empirical Testing
1
School of Economics and Management, China JiLiang University, China
Submission date: 2023-06-30
Final revision date: 2023-09-08
Acceptance date: 2023-09-21
Online publication date: 2024-02-06
Publication date: 2024-02-28
Pol. J. Environ. Stud. 2024;33(3):2407-2419
KEYWORDS
TOPICS
ABSTRACT
Based on the systematic GMM and intermediation model, the impact of China's direct investment on
the green total factor productivity (GTFP) of the Belt and Road Initiative (BRI) countries are examined
from the data of 48 countries during the period of 2008-2019. The results show that China's direct
investment can significantly contribute to GTFP in BRI countries through the mediating mechanisms
of scale, structural and human capital effects. Of these, the main one is the scale effect. In addition, the
scale, structural and human capital effects all positively moderate the green driving effect of China's
direct investment in BRI countries, while the technology effect weakens the process.
CONFLICT OF INTEREST
The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.
CITATIONS (1):
1.
Foreign Direct Investment and Carbon Emissions in Belt and Road Initiative Countries Moderated by Governance Quality and Energy Efficiency
Riaz Uddin, Juind Ahmad, Kausar Bibi, Barakat ElFarra, Muhammad Abbas, Aamir Daud
Riaz Uddin, Juind Ahmad, Kausar Bibi, Barakat ElFarra, Muhammad Abbas, Aamir Daud
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| eISSN: | 2083-5906 |
| ISSN: | 1230-1485 |
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