Remove or redistribute: re-examining the pollution haven hypothesis from ambient regions

Rong Ma; Xiaojun Shi

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Remove or redistribute: re-examining the pollution haven hypothesis from ambient regions

机译：Remove or redistribute: re-examining the pollution haven hypothesis from ambient regions

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摘要

This paper re-examines the pollution haven hypothesis (PHH) by taking environmentalregulation in ambient regions as a critical determinant concurrent with own regulation.Exploiting the Two Control Zones policy in China as a quasi-natural experiment, we findthat both the curbing effect of the local environmental regulation and the spillover effect ofambient regions affect high-polluting foreign direct investment (FDI) location. Moreover,reallocated FDI results in redistributing instead of reducing pollutant emissions. Our evidenceenriched by spatial spillover primarily supports the PHH in the context of China.It suggests a national-wide coordinated environmental policy with a unified goal performsbetter than separately implementing stringent regulations in highly polluted areas.

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来源
《Environment and development economics》 |2023年第2期|47-67|共21页
作者
Rong Ma; Xiaojun Shi;
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作者单位

School of Economics and Management, Beihang University, Beijing, P. R. China;

China Financial Policy Research Center School of Finance, Renmin University of China, Beijing, P. R. China;

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收录信息美国《科学引文索引》(SCI);
原文格式 PDF
正文语种英语
中图分类
关键词
foreign direct investment; environmental regulation; spillover effect; pollution haven hypothesis;

Remove or redistribute: re-examining the pollution haven hypothesis from ambient regions

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