E3S Web Conf.
Volume 206, 20202020 2nd International Conference on Geoscience and Environmental Chemistry (ICGEC 2020)
|Number of page(s)||4|
|Section||Earth Geological Energy Mining And Landform Protection|
|Published online||11 November 2020|
Research on the Impact of FDI in Producer Services on Carbon Emissions
Beijing JiaoTong University, School of Economics and Management, 100044 Beijing, China
* Corresponding author: firstname.lastname@example.org
Under the background of global warming, how to reduce carbon emissions and realize green and sustainable development in China is worth exploring. Firstly, this paper makes theoretical analysis, and considers that FDI in producer services can reduce the carbon emission of manufacturing industry by optimizing the input structure of manufacturing industry, improving the productivity and technical level, and enhancing the management ability and resource allocation ability of manufacturing enterprises. Then, using the panel data of China’s industries from 2004 to 2014, this paper uses two-way FE method to carry out empirical test, and finds that the increase of FDI in producer services can significantly reduce carbon emissions. Therefore, it is necessary to actively guide multinational corporations to invest in China’s producer services industry, to promote green and sustainable economic development.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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