Does Local Government’s Competitive Behavior to Attract Foreign Investment Affect Ecological Welfare Performance? Evidence from China

Ecological welfare performance (EWP) is an essential indicator of sustainable socioeconomic development. In China, the government-led economic development paradigm mandates that the competitive behavior of local governments is a major influencing factor on EWP. This research explores how the governm...
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Gespeichert in:

Autor*in:	Dandan Wu [verfasserIn] Wei Dong [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2022

Schlagwörter:	governments’ competition for foreign investment ecological welfare performance (EWP) heterogeneity resource factor mobility

Übergeordnetes Werk:	In: Sustainability - MDPI AG, 2009, 14(2022), 19, p 12903
Übergeordnetes Werk:	volume:14 ; year:2022 ; number:19, p 12903

Links:	Link aufrufen Link aufrufen Link aufrufen Journal toc

DOI / URN:	10.3390/su141912903

Katalog-ID:	DOAJ086339923

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Evidence from China</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="c">2022</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Ecological welfare performance (EWP) is an essential indicator of sustainable socioeconomic development. In China, the government-led economic development paradigm mandates that the competitive behavior of local governments is a major influencing factor on EWP. 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callnumber-first	T - Technology
author	Dandan Wu
spellingShingle	Dandan Wu misc TD194-195 misc TJ807-830 misc GE1-350 misc governments’ competition for foreign investment misc ecological welfare performance (EWP) misc heterogeneity misc resource factor mobility misc Environmental effects of industries and plants misc Renewable energy sources misc Environmental sciences Does Local Government’s Competitive Behavior to Attract Foreign Investment Affect Ecological Welfare Performance? Evidence from China
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topic_title	TD194-195 TJ807-830 GE1-350 Does Local Government’s Competitive Behavior to Attract Foreign Investment Affect Ecological Welfare Performance? Evidence from China governments’ competition for foreign investment ecological welfare performance (EWP) heterogeneity resource factor mobility
topic	misc TD194-195 misc TJ807-830 misc GE1-350 misc governments’ competition for foreign investment misc ecological welfare performance (EWP) misc heterogeneity misc resource factor mobility misc Environmental effects of industries and plants misc Renewable energy sources misc Environmental sciences
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title	Does Local Government’s Competitive Behavior to Attract Foreign Investment Affect Ecological Welfare Performance? Evidence from China
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title_sort	does local government’s competitive behavior to attract foreign investment affect ecological welfare performance? evidence from china
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title_auth	Does Local Government’s Competitive Behavior to Attract Foreign Investment Affect Ecological Welfare Performance? Evidence from China
abstract	Ecological welfare performance (EWP) is an essential indicator of sustainable socioeconomic development. In China, the government-led economic development paradigm mandates that the competitive behavior of local governments is a major influencing factor on EWP. This research explores how the government’s competitive behavior to attract foreign investment affects ecological welfare performance. Based on the super-efficiency slacks-based measure (SBM) model to assess the level of EWP in China, this paper utilizes a two-way fixed-effects model to determine the impact of local governments’ foreign investment competition on EWP. The results indicate the following. (1) Although introducing foreign investment may promote regional EWP, local governments’ vicious competition in introducing foreign investment is detrimental to its improvement. (2) The effect of local governments’ foreign investment competition on EWP exhibits various heterogeneous characteristics that depend on the differences in the regional distribution and intensity of competition for fiscal revenue and expenditures. (3) Resource factor mobility has a significant moderating effect on the impact of local governments’ competition for foreign investment on EWP. Capital mobility weakens the inhibitory effect of governments’ competition for foreign investment on the enhancement of EWP, while technological mobility and labor mobility have the opposite moderating effect. These findings may clarify the impact of governments’ competition for foreign investment on EWP and provide policy guidelines and implications for other countries pursuing the expansion of foreign direct investment (FDI).
abstractGer	Ecological welfare performance (EWP) is an essential indicator of sustainable socioeconomic development. In China, the government-led economic development paradigm mandates that the competitive behavior of local governments is a major influencing factor on EWP. This research explores how the government’s competitive behavior to attract foreign investment affects ecological welfare performance. Based on the super-efficiency slacks-based measure (SBM) model to assess the level of EWP in China, this paper utilizes a two-way fixed-effects model to determine the impact of local governments’ foreign investment competition on EWP. The results indicate the following. (1) Although introducing foreign investment may promote regional EWP, local governments’ vicious competition in introducing foreign investment is detrimental to its improvement. (2) The effect of local governments’ foreign investment competition on EWP exhibits various heterogeneous characteristics that depend on the differences in the regional distribution and intensity of competition for fiscal revenue and expenditures. (3) Resource factor mobility has a significant moderating effect on the impact of local governments’ competition for foreign investment on EWP. Capital mobility weakens the inhibitory effect of governments’ competition for foreign investment on the enhancement of EWP, while technological mobility and labor mobility have the opposite moderating effect. These findings may clarify the impact of governments’ competition for foreign investment on EWP and provide policy guidelines and implications for other countries pursuing the expansion of foreign direct investment (FDI).
abstract_unstemmed	Ecological welfare performance (EWP) is an essential indicator of sustainable socioeconomic development. In China, the government-led economic development paradigm mandates that the competitive behavior of local governments is a major influencing factor on EWP. This research explores how the government’s competitive behavior to attract foreign investment affects ecological welfare performance. Based on the super-efficiency slacks-based measure (SBM) model to assess the level of EWP in China, this paper utilizes a two-way fixed-effects model to determine the impact of local governments’ foreign investment competition on EWP. The results indicate the following. (1) Although introducing foreign investment may promote regional EWP, local governments’ vicious competition in introducing foreign investment is detrimental to its improvement. (2) The effect of local governments’ foreign investment competition on EWP exhibits various heterogeneous characteristics that depend on the differences in the regional distribution and intensity of competition for fiscal revenue and expenditures. (3) Resource factor mobility has a significant moderating effect on the impact of local governments’ competition for foreign investment on EWP. Capital mobility weakens the inhibitory effect of governments’ competition for foreign investment on the enhancement of EWP, while technological mobility and labor mobility have the opposite moderating effect. These findings may clarify the impact of governments’ competition for foreign investment on EWP and provide policy guidelines and implications for other countries pursuing the expansion of foreign direct investment (FDI).
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