Abstract
Based on the balanced panel data of 260 prefecture-level cities in China from 2005 to 2016, and the quasi-natural experiment of the Pollution Information Transparency Index (PITI) project implemented in 110 prefecture-level cities in 2009, this paper uses the spatial difference-in-differences (SDID) model and the spatial Dubin model (SDM) model to investigate the FDI attraction effect of environmental information disclosure (EID). The results show that EID will significantly promote the inflow of FDI in cities, and this effect will be stronger with the increasing disclosure extent. EID has a siphon effect on FDI, that is, a city that has a better EID will attract more FDI than its neighbors, further intensifying the competition effect of FDI among cities with similar geographical distance, levels of economic development, and Internet penetration. The attraction effect of EID on FDI is mainly present in polluting cities and non-resource-based cities, while the impact on clean and resource-based cities is not significant.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
