The energy demand in Australia is increasing with the industrialization and rapid economic growth.This study analyzed the relationships among the economic growth,Foreign Direct Investment(FDI),trade openness,urbanizat...The energy demand in Australia is increasing with the industrialization and rapid economic growth.This study analyzed the relationships among the economic growth,Foreign Direct Investment(FDI),trade openness,urbanization,and energy usage in Australia based on the data from World Development Indicators(WDI)from 1972 to 2021.The results indicates that there is a cointegration among economic growth,FDI,trade openness,urbanization,and energy usage,which was traced through the autoregressivedistributed lag(ARDL).The Zivot-Andrews unit root test reveals that energy usage,economic growth,FDI,urbanization,and trade openness show significant structural breaks in 1993,1996,1982,2008,and 1994,respectively.The ARDL model shows that economic growth has a positive and significant effect on energy usage in the long-run(0.814)and short-run(0.809).Moreover,the results also show that FDI(0.028)and trade openness(0.043)have positive impacts on energy usage in the long-run.However,urbanization shows a negative and significant influence on energy usage in the long-run(–0.965).Then,the research demonstrates a unidirectional causation between energy usage and trade openness,with energy usage significantly causing trade openness.The current study endorses energy consumption policies and investment strategies for a paradigm shifting from a reliance on fossil fuels as the primary energy source to renewable energy sources.These findings have profound implications for sustainable energy usage.展开更多
The main purpose of this research was to analyze the impact<span style="font-family:;" "=""> </span><span style="font-family:Verdana;">the Chinese foreign direct in...The main purpose of this research was to analyze the impact<span style="font-family:;" "=""> </span><span style="font-family:Verdana;">the Chinese foreign direct investment (FDI), remittances, and foreign aid have had to human capital growth (HCG) and brain drain. The study data </span><span style="font-family:Verdana;">were</span><span style="font-family:Verdana;"> collected from five African countries (Nigeria, Kenya, Ghana, South Africa, and Morocco) from 2009 to 2018. Secondary sources were used in data collection, then autoregressive distributed lag (ARDL) modeling was used in the analysis. Before modelling was done, co-integration tests and panel unit were applied. The results revealed that Chinese FDI, remittances, and foreign aid had a significant and positive impact on HCG in the long</span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">but not the short-run. Besides, remittances, Chinese FDI, and foreign aid demonstrated significant negative impacts on brain drain in the long term, not in the short term. This study makes important practical and theoretical contributions about the roles of Chinese FDI, remittances, and foreign aid in the reduction of brain drain and the growth of human capital.</span>展开更多
As the major source of air pollution,sulfur dioxide(S0_(2))emissions have become the focus of global attention.However,existing studies rarely consider spatial effects when discussing the relationship between foreign ...As the major source of air pollution,sulfur dioxide(S0_(2))emissions have become the focus of global attention.However,existing studies rarely consider spatial effects when discussing the relationship between foreign direct investment(FDI)and S0_(2) emissions.This study took the Yangtze River Delta as the research area and used the spatial panel data of 26 cities in this region for 2004-2017.The study investigated the spatial agglomeration effects and dynamics at work in FDI and S0_(2) emissions by using global and local measures of spatial autocorrelation.Then,based on regression analysis using a results of traditional ordinary least squares(OLS)model and a spatial econometric model,the spatial Durbin model(SDM)with spatial-time effects was adopted to quantify the impact of FDI on S0_(2) emissions,so as to avoid the regression results bias caused by ignoring the spatial effects.The results revealed a significant spatial autocorrelation between FDI and S0_(2) emissions,both of which displayed obvious path dependence characteristics in their geographical distribution.A series of agglomeration regions were observed on the spatial scale.The estimation results of the SDM showed that FDI inflow promoted S0_(2) emissions,which supports the pollution haven hypothesis.The findings of this study are significant in the prevention and control of air pollution in the Yangtze River Delta.展开更多
This research explored the impact of foreign direct investments on the Agricultural sector output with emphasis on exports in Zimbabwe from 2000-2017.The study sought to establish whether agriculture could flourish in...This research explored the impact of foreign direct investments on the Agricultural sector output with emphasis on exports in Zimbabwe from 2000-2017.The study sought to establish whether agriculture could flourish in the absence of foreign direct investments.It was also essential to investigate whether the injection of foreign direct investment into the Agriculture sector had a positive or negative impact on the outputs especially agricultural exports.The research used data drawn from a sample of five agricultural products which are tobacco,cotton lint,raw sugar,soya beans,and macadamia nuts.The Ordinary Least Squares and Unit Root tests were used because they assume that FDI can stimulate growth if it brings increasing returns to production and also in the outputs.The research study was a desktop research which used both qualitative and quantitative methods of collecting data.Data were obtained from Zimbabwe Statistics Agency(ZIMSTATS),foreign direct investment figures,and percentages of agricultural investment to total investments were collected from Zimbabwe Investment Authority(ZIA).Questionnaires were also used to obtain data from both those farmers who received and those who did not receive foreign investments as inputs.The results obtained showed that there was a positive relationship which could also be measured by the growth models employed to establish the growth in increased outputs and exports after injecting FDIs into agriculture.Recommendations were made to both farmers and the Ministry of Agriculture to attract more FDIs into Zimbabwe’s Agriculture sector.展开更多
With the rapid development of globalization,the industries of various countries are actively seeking the best way to improve the global value chain(GVC)status while integrating into the world.As an important factor af...With the rapid development of globalization,the industries of various countries are actively seeking the best way to improve the global value chain(GVC)status while integrating into the world.As an important factor affecting the GVC status,foreign direct investment(FDI)has attracted extensive attention from scholars.On the basis of systematically summarizing the research progress of FDI theory,GVC status and the influence of FDI on GVC status,the paper tries to clarify the internal relationship between FDI and GVC status,explores the shortcomings of existing research,and puts forward the possible direction of future research.展开更多
The trend of foreign direct investment(FDI)in China has switched from inflow to outflow following the rapid economic growth dur-ing the past several decades.Stimulated by government policies,in recent years China’s f...The trend of foreign direct investment(FDI)in China has switched from inflow to outflow following the rapid economic growth dur-ing the past several decades.Stimulated by government policies,in recent years China’s firms have actively sought overseas invest-ment opportunities.This paper examines the relationship between economic policy uncertainty(EPU)and cross-border cap-ital flow decisions for listed firms in China.Our findings demon-strate that EPU originating from China does not seem to dissuade FDI inflow into China,but it does curtail FDI outflow from the country.It appears that government policies and the uncertainty the policies bring are deterministic for FDI.展开更多
The international community has blamed developing countries for the lack of intellectual property rights(IPR)protection-not least the“forced technology transfers”-in attracting foreign direct investment(FDI).This pa...The international community has blamed developing countries for the lack of intellectual property rights(IPR)protection-not least the“forced technology transfers”-in attracting foreign direct investment(FDI).This paper employs the largesample contract data of multinational companies’(MNCs)IT R&D transactions in China to discuss this controversy from a unique perspective of MNCs in the role of contractors.Our findings suggest that MNCs initially guarded their know-how before the 2000s under closed innovation,but have started to take the initiative to transfer technology to local partners as open innovation held sway.China’s structured market entities and huge demand for technology transactions have served as key drivers for MNCs to transfer technology,which has been further boosted by the new business model of open innovation.This paper’s empirical analysis not only helps unravel the“black box”of technology transfers by MNCs,but reveals how late-moving developing countries may make better use of FDI referencing China’s experience on the three dimensions of market opportunities,structured entities,and economies of scale.展开更多
Income inequality is a concerned topic that attracts academia studies for many reasons.Among the long list of factors offered by scholars that contribute to income inequality,the impact of globalization has been exten...Income inequality is a concerned topic that attracts academia studies for many reasons.Among the long list of factors offered by scholars that contribute to income inequality,the impact of globalization has been extensively studies.This study uses a three-step analysis to examine the influence of Foreign Direct Investment(FDI)inflows on income distribution for Organization for Economic Cooperation(OECD)countries through panel data analysis techniques.FDI flows into OECD countries are generally driven by high skilled works.FDI inflows to OECD countries increase GINI coefficients and widen income gaps due to their skill-intensive nature.A high level of education should be encouraged as indicated by its negative relationship with the GINI index.展开更多
文摘The energy demand in Australia is increasing with the industrialization and rapid economic growth.This study analyzed the relationships among the economic growth,Foreign Direct Investment(FDI),trade openness,urbanization,and energy usage in Australia based on the data from World Development Indicators(WDI)from 1972 to 2021.The results indicates that there is a cointegration among economic growth,FDI,trade openness,urbanization,and energy usage,which was traced through the autoregressivedistributed lag(ARDL).The Zivot-Andrews unit root test reveals that energy usage,economic growth,FDI,urbanization,and trade openness show significant structural breaks in 1993,1996,1982,2008,and 1994,respectively.The ARDL model shows that economic growth has a positive and significant effect on energy usage in the long-run(0.814)and short-run(0.809).Moreover,the results also show that FDI(0.028)and trade openness(0.043)have positive impacts on energy usage in the long-run.However,urbanization shows a negative and significant influence on energy usage in the long-run(–0.965).Then,the research demonstrates a unidirectional causation between energy usage and trade openness,with energy usage significantly causing trade openness.The current study endorses energy consumption policies and investment strategies for a paradigm shifting from a reliance on fossil fuels as the primary energy source to renewable energy sources.These findings have profound implications for sustainable energy usage.
文摘The main purpose of this research was to analyze the impact<span style="font-family:;" "=""> </span><span style="font-family:Verdana;">the Chinese foreign direct investment (FDI), remittances, and foreign aid have had to human capital growth (HCG) and brain drain. The study data </span><span style="font-family:Verdana;">were</span><span style="font-family:Verdana;"> collected from five African countries (Nigeria, Kenya, Ghana, South Africa, and Morocco) from 2009 to 2018. Secondary sources were used in data collection, then autoregressive distributed lag (ARDL) modeling was used in the analysis. Before modelling was done, co-integration tests and panel unit were applied. The results revealed that Chinese FDI, remittances, and foreign aid had a significant and positive impact on HCG in the long</span><span style="font-family:;" "=""> </span><span style="font-family:Verdana;">but not the short-run. Besides, remittances, Chinese FDI, and foreign aid demonstrated significant negative impacts on brain drain in the long term, not in the short term. This study makes important practical and theoretical contributions about the roles of Chinese FDI, remittances, and foreign aid in the reduction of brain drain and the growth of human capital.</span>
基金Under the auspices of National Natural Science Foundation of China(No.41771140)National Key R&D Program of China(No.2018YFE0105900)。
文摘As the major source of air pollution,sulfur dioxide(S0_(2))emissions have become the focus of global attention.However,existing studies rarely consider spatial effects when discussing the relationship between foreign direct investment(FDI)and S0_(2) emissions.This study took the Yangtze River Delta as the research area and used the spatial panel data of 26 cities in this region for 2004-2017.The study investigated the spatial agglomeration effects and dynamics at work in FDI and S0_(2) emissions by using global and local measures of spatial autocorrelation.Then,based on regression analysis using a results of traditional ordinary least squares(OLS)model and a spatial econometric model,the spatial Durbin model(SDM)with spatial-time effects was adopted to quantify the impact of FDI on S0_(2) emissions,so as to avoid the regression results bias caused by ignoring the spatial effects.The results revealed a significant spatial autocorrelation between FDI and S0_(2) emissions,both of which displayed obvious path dependence characteristics in their geographical distribution.A series of agglomeration regions were observed on the spatial scale.The estimation results of the SDM showed that FDI inflow promoted S0_(2) emissions,which supports the pollution haven hypothesis.The findings of this study are significant in the prevention and control of air pollution in the Yangtze River Delta.
文摘This research explored the impact of foreign direct investments on the Agricultural sector output with emphasis on exports in Zimbabwe from 2000-2017.The study sought to establish whether agriculture could flourish in the absence of foreign direct investments.It was also essential to investigate whether the injection of foreign direct investment into the Agriculture sector had a positive or negative impact on the outputs especially agricultural exports.The research used data drawn from a sample of five agricultural products which are tobacco,cotton lint,raw sugar,soya beans,and macadamia nuts.The Ordinary Least Squares and Unit Root tests were used because they assume that FDI can stimulate growth if it brings increasing returns to production and also in the outputs.The research study was a desktop research which used both qualitative and quantitative methods of collecting data.Data were obtained from Zimbabwe Statistics Agency(ZIMSTATS),foreign direct investment figures,and percentages of agricultural investment to total investments were collected from Zimbabwe Investment Authority(ZIA).Questionnaires were also used to obtain data from both those farmers who received and those who did not receive foreign investments as inputs.The results obtained showed that there was a positive relationship which could also be measured by the growth models employed to establish the growth in increased outputs and exports after injecting FDIs into agriculture.Recommendations were made to both farmers and the Ministry of Agriculture to attract more FDIs into Zimbabwe’s Agriculture sector.
文摘With the rapid development of globalization,the industries of various countries are actively seeking the best way to improve the global value chain(GVC)status while integrating into the world.As an important factor affecting the GVC status,foreign direct investment(FDI)has attracted extensive attention from scholars.On the basis of systematically summarizing the research progress of FDI theory,GVC status and the influence of FDI on GVC status,the paper tries to clarify the internal relationship between FDI and GVC status,explores the shortcomings of existing research,and puts forward the possible direction of future research.
文摘The trend of foreign direct investment(FDI)in China has switched from inflow to outflow following the rapid economic growth dur-ing the past several decades.Stimulated by government policies,in recent years China’s firms have actively sought overseas invest-ment opportunities.This paper examines the relationship between economic policy uncertainty(EPU)and cross-border cap-ital flow decisions for listed firms in China.Our findings demon-strate that EPU originating from China does not seem to dissuade FDI inflow into China,but it does curtail FDI outflow from the country.It appears that government policies and the uncertainty the policies bring are deterministic for FDI.
基金the Beijing Municipal Social Sciences Foundation Program “Study on Innovation Clusters, Governance RulesInnovation-Driven Development in the Capital City” (Grant No.20AJL007, 14JGB049)a special program from the Beijing Municipal TechnologyMarket Administration Office.
文摘The international community has blamed developing countries for the lack of intellectual property rights(IPR)protection-not least the“forced technology transfers”-in attracting foreign direct investment(FDI).This paper employs the largesample contract data of multinational companies’(MNCs)IT R&D transactions in China to discuss this controversy from a unique perspective of MNCs in the role of contractors.Our findings suggest that MNCs initially guarded their know-how before the 2000s under closed innovation,but have started to take the initiative to transfer technology to local partners as open innovation held sway.China’s structured market entities and huge demand for technology transactions have served as key drivers for MNCs to transfer technology,which has been further boosted by the new business model of open innovation.This paper’s empirical analysis not only helps unravel the“black box”of technology transfers by MNCs,but reveals how late-moving developing countries may make better use of FDI referencing China’s experience on the three dimensions of market opportunities,structured entities,and economies of scale.
文摘Income inequality is a concerned topic that attracts academia studies for many reasons.Among the long list of factors offered by scholars that contribute to income inequality,the impact of globalization has been extensively studies.This study uses a three-step analysis to examine the influence of Foreign Direct Investment(FDI)inflows on income distribution for Organization for Economic Cooperation(OECD)countries through panel data analysis techniques.FDI flows into OECD countries are generally driven by high skilled works.FDI inflows to OECD countries increase GINI coefficients and widen income gaps due to their skill-intensive nature.A high level of education should be encouraged as indicated by its negative relationship with the GINI index.
