工业技术经济2024，Vol.43Issue(12)：103-111,9.DOI:10.3969/j.issn.1004-910X.2024.12.011
东道国碳定价下中国企业对外直接投资与低碳转型研究
Research on Chinese Firms'OFDI and Low-carbon Transition Under Carbon Pricing in Host Country
摘要
Abstract
In the context of accelerating green transformation and continuously opening wider to the world,firms'outward foreign direct investment(OFDI)is an important means for green development and industrial upgrading,influencing firms'produc⁃tion profits and environmental performance.Using Chinese listed company data from 2010～2022 and based on a panel fixed-effects model,this study explores the extent and mechanism of how OFDI affects firms'low-carbon transformation.Empirical research finds that OFDI significantly reduces firms'carbon emission intensity and accelerates firms'low-carbon transformation process.In⁃vestment in carbon-pricing host countries significantly reduces the corporate carbon emissions and the emission reduction effect of investment in carbon trading host countries is stronger than that of investment in carbon tax host countries.Mechanism testing indi⁃cates that OFDI achieves carbon emission reduction by promoting corporate structural transformation and technological upgrading,and investment in carbon-pricing host countries significantly enhances firms'low-carbon technological levels.Heterogeneity analysis finds that the emission reduction effect of OFDI is more significant in large firms,high-tech firms,eastern and central firms.This paper provides micro evidence for the mechanism of how OFDI affects firms'low-carbon transformation,and also provides references for firms to reasonably choose internationalization strategies and promote high-quality development.关键词
对外直接投资/碳排放强度/碳定价/低碳技术创新/企业低碳转型/碳交易/碳税/"双碳"目标Key words
outward foreign direct investment/carbon emission intensity/carbon pricing/low-carbon technological inno⁃vation/firms'low-carbon transformation/carbon trading/carbon tax/carbon peaking and carbon neutrality goals分类
管理科学引用本文复制引用
肖慧敏,唐月琪,李子豪..东道国碳定价下中国企业对外直接投资与低碳转型研究[J].工业技术经济,2024,43(12):103-111,9.基金项目
国家社会科学基金一般项目"数字经济推动中国碳霾协同治理的机制、效应与政策研究"(项目编号:21BJY114) （项目编号:21BJY114）
江苏省高校哲学社会科学项目"创新驱动型跨国并购知识整合机制研究"(项目编号:2022SJYB0284). （项目编号:2022SJYB0284）
