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Functional Upgrading of Value Chains and the Carbon Emissions Reduction Embodied in China’s Exports: From the Perspective of the Improvement in the FDI Quality / Chen, Fuzhong (CC BY)

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Contents : Functional Upgrading of Value Chains and the Carbon Emissions Reduction Embodied in China’s Exports: From the Perspective of the Improvement in the FDI Quality / Chen, Fuzhong (CC BY)

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Functional Upgrading of Value Chains and the Carbon Emissions Reduction Embodied in China’s Exports: From the Perspective of the Improvement in the FDI Quality / Chen, Fuzhong (CC BY)

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Periodical

Title:
China finance and economic review
Publication:
Berlin: De Gruyter
Note:
Gesehen am 08.04.2024
Archivierung/Langzeitarchivierung gewährleistet
C!(12-10-17)
Scope:
Online-Ressource
ISSN:
2196-5633
ZDB-ID:
2786232-X ZDB
VÖBB-Katalog:
35425662
Keywords:
Zeitschrift
Classification:
Wirtschaft
Collection:
Wirtschaft
Copyright:
Rights reserved
Accessibility:
Eingeschränkter Zugang mit Nutzungsbeschränkungen
Title:
China finance and economic review
Publication:
Berlin: De Gruyter
Note:
Gesehen am 08.04.2024
Archivierung/Langzeitarchivierung gewährleistet
C!(12-10-17)
Scope:
Online-Ressource
ISSN:
2196-5633
ZDB-ID:
2786232-X ZDB
VÖBB-Katalog:
35425662
Keywords:
Zeitschrift
Classification:
Wirtschaft
Collection:
Wirtschaft
Copyright:
Rights reserved
Accessibility:
Eingeschränkter Zugang mit Nutzungsbeschränkungen

Article

Author:
Chen, Fuzhong
Luo, Ke
Dong, Kangyin
Title:
Functional Upgrading of Value Chains and the Carbon Emissions Reduction Embodied in China’s Exports: From the Perspective of the Improvement in the FDI Quality
Publication:
Berlin: De Gruyter, 2024
Language:
English
Information:
Abstract: Improving the quality of foreign investment to help functional upgrading of the value chain is an important starting point for China’s manufacturing industry to achieve low-carbon and high-quality development. Based on the data of the functional activities of each manufacturing greenfield investment project in China from 2003 to 2018, this paper constructs specialization index of the upstream and downstream functional division of labor of value chains, and theoretically explains and empirically tests the impact and mechanism of the functional upgrading of the value chain driven by the improvement of foreign investment quality on the embodied emissions in China’s export trade. The results show that the functional upgrading of the value chain can significantly reduce the embodied emissions in China’s export trade. The mechanism analysis shows that the functional upgrading of the value chain driven by the improvement of the quality of foreign investment mainly plays a role in reducing the embodied emissions in China’s export trade through the optimization effect of factor structure, the effect of human capital accumulation and the effect of service demand creation. Extended analysis finds that high-quality foreign investment engaged in upstream functional activities and inflows into eastern China have more obvious inhibitory effects on the embodied emissions in export trade. At the same time, the functional upgrading of the value chain is more conducive to reducing the embodied emissions in export trade in pollution-intensive manufacturing industries. This paper verifies the “pollution halo” effect of high-quality foreign investment, and provides strong support for China to attract and utilize foreign investment more vigorously and promote high-level opening up under the new situation.
Scope:
Online-Ressource
Note:
Open Access
Archivierung/Langzeitarchivierung gewährleistet
Keywords:
functional upgrading of value chains ; greenfield investment ; FDI quality ; carbon emissions embodied in exports
Classification:
Wirtschaft
Sonstiges
URN:
urn:nbn:de:101:1-2412311553452.671780154681
Collection:
Wirtschaft
Sonstiges
Copyright:
CC BY
Accessibility:
Free Access
Author:
Chen, Fuzhong
Luo, Ke
Dong, Kangyin
Title:
Functional Upgrading of Value Chains and the Carbon Emissions Reduction Embodied in China’s Exports: From the Perspective of the Improvement in the FDI Quality
Publication:
Berlin: De Gruyter, 2024
Language:
English
Information:
Abstract: Improving the quality of foreign investment to help functional upgrading of the value chain is an important starting point for China’s manufacturing industry to achieve low-carbon and high-quality development. Based on the data of the functional activities of each manufacturing greenfield investment project in China from 2003 to 2018, this paper constructs specialization index of the upstream and downstream functional division of labor of value chains, and theoretically explains and empirically tests the impact and mechanism of the functional upgrading of the value chain driven by the improvement of foreign investment quality on the embodied emissions in China’s export trade. The results show that the functional upgrading of the value chain can significantly reduce the embodied emissions in China’s export trade. The mechanism analysis shows that the functional upgrading of the value chain driven by the improvement of the quality of foreign investment mainly plays a role in reducing the embodied emissions in China’s export trade through the optimization effect of factor structure, the effect of human capital accumulation and the effect of service demand creation. Extended analysis finds that high-quality foreign investment engaged in upstream functional activities and inflows into eastern China have more obvious inhibitory effects on the embodied emissions in export trade. At the same time, the functional upgrading of the value chain is more conducive to reducing the embodied emissions in export trade in pollution-intensive manufacturing industries. This paper verifies the “pollution halo” effect of high-quality foreign investment, and provides strong support for China to attract and utilize foreign investment more vigorously and promote high-level opening up under the new situation.
Scope:
Online-Ressource
Note:
Open Access
Archivierung/Langzeitarchivierung gewährleistet
Keywords:
functional upgrading of value chains ; greenfield investment ; FDI quality ; carbon emissions embodied in exports
Classification:
Wirtschaft
Sonstiges
URN:
urn:nbn:de:101:1-2412311553452.671780154681
Collection:
Wirtschaft
Sonstiges
Copyright:
CC BY
Accessibility:
Free Access

Contents

Table of contents

  • China finance and economic review (Rights reserved)
  • Industrial Digitalization and the Fairness of Benefit Distribution in Global Value Chains: A Perspective Based on Trade Gains and Embodied Carbon Emission Costs / Jia, Zhen (CC BY)
  • How Digital Knowledge Flows Promote Regional Coordinated Development: On the Dual Goals of Economic Growth and Balanced Development / Ma, Shuzhong (CC BY)
  • Can Public Data Elements Increase Firms’ Labor Income Share?——A Quasi-Natural Experiment Based on the Establishment of Open Platforms for Public Data / Kong, Dongmin (CC BY)
  • Creation or Destruction: Carbon Emissions Trading and Firms’ Employment Dynamics / Huo, Qixin (CC BY)
  • Artificial Intelligence, Industrial Structure Transformation and Escaping the Middle-Income Trap / Jiang, Wei (CC BY)
  • China’s Industrial Development from the 14th to the 15th Five-Year Plan Periods: Achievements, Current Situation, and Policy Recommendations / Chen, Yanbin (CC BY)
  • Frontmatter (CC BY)
  • ˜Theœ VAT Sharing Reform as an Incentive: How China’s Manufacturing Sector Returned from the Fictitious Economy to the Real Economy / Xie, Zhenfa (CC BY)
  • ˜Theœ Employment Effect of Personal Income Tax Reduction / Li, Jianjun (CC BY)
  • From Cultural Inheritance to Financial Decision-Making: Confucian Culture and Precautionary Saving in China / Yang, Shiyun (CC BY)
  • E-Commerce and Cross-Regional Transactions: Analysis from the Perspective of Transaction Cost Economics / Tang, Yuehuan (CC BY)
  • Fiscal Revenue, Expenditure Structure Incentives, and the Provision of Livelihood-Oriented Public Services / Lu, Shengfeng (CC BY)
  • A Unified National Market and Local Industrial Policy Competition / Lin, Chen (CC BY)
  • Frontmatter (CC BY)
  • China’s Environmental Protection Tax and Green Innovation: Incentive Effect or Crowding-out Effect / Liu, Jinke (CC BY)
  • Understanding China's Energy Strategy and Its Sustained Economic Growth: Present and Future / Dan, Shi (CC BY)
  • Prospects for Tax Reform in China Following the 18th CPC National Congress / Zhiyong, Yang (CC BY)
  • ˜Theœ Effects of Regional Tax Incentives and Nonlocal Investment on Tax Avoidance / Zhao, Renjie (CC BY)
  • Reforms to China's Financial Administration Following the Sixteenth CPC National Congress / Kang, Jia (CC BY)
  • Tax-Haven Investments and Auditor Choice: Evidence from China / Wei, Zhihua (CC BY)
  • One Size Does Not Fit All: The Need for Flexibility in Policy Responses to Slow Growth / Songqi, Wang (CC BY)
  • Chinese Household Consumption: How Much is Enough? / Qingwang, Guo (CC BY)
  • Theory, Practice and Strategy of Integrated Development between the Modern Service Industry and Modern Agriculture / Du, Zhixiong (CC BY)
  • China's Structural Adjustment from the Income Distribution Perspective / Chong-En, Bai (CC BY)
  • Research on Several Areas of High-Quality Economic Development during the 15th Five-Year Plan Period (Part II) / Yin, Zhentao (CC BY)
  • How to Tackle the Slowdown of Potential Growth Rate in China? / Fang, Cai (CC BY)
  • ˜Theœ Coming Fallout Following China's "Condensed Development Model" of Economic Growth and the Transformation of China's Mode of Economic Growth / Shijin, Liu (CC BY)
  • Conservation and Efficient Utilization of Resources: A Major Indicator of China's Economic Transformation / Zhuoyuan, Zhang (CC BY)
  • Editor's Inaugural Statement (CC BY)
  • Research on Several Areas of High-Quality Economic Development during the 15th Five-Year Plan Period (Part I) / Yin, Zhentao (CC BY)
  • 发刊词 (CC BY)
  • Frontmatter (CC BY)
  • Frontmatter (CC BY)
  • ˜Theœ Spatiotemporal Dynamics and Interrelationship between National Security, Development, and Openness / Wang, Bijun (CC BY)
  • Can the Carbon Emission Trading System Improve the Environmental, Social, and Governance Performance of High–Carbon Emission Enterprises? Evidence from Chinese Listed Companies / Zhang, Zhuoqun (CC BY)
  • Does Banking Competition Stimulate Entrepreneurship? / Lin, Miao (CC BY)
  • Factor Decomposition and Policy Implication of China’s North-South Regional Differences / Wu, Lixue (CC BY)
  • Digital Technology Innovation and the High-Quality Development of Chinese Enterprises: Evidence from Enterprise’s Digital Patents / Huang, Bo (CC BY)
  • Structural Transformation, Factor Income Distribution and Common Prosperity / Lin, Shujun (CC BY)
  • Frontmatter (CC BY)
  • Responsible International Investment: ESG and OFDI in China / Xie, Hongjun (CC BY)
  • Effect of Government Subsidies on the New Quality Productive Forces of Enterprises: An Empirical Study Based on A-Share Listed Companies / Wang, Chuan (CC BY)
  • Frontmatter (CC BY)
  • Does Environmental Regulation Achieve “Incremental Quality” of Green Technology Innovation? —— Evidence from the Target Responsibility System of Environmental Protection / Tao, Feng (CC BY)
  • Domestic Demand Upgrading, Product Mix Adjustment, and Export Competition Strategy / Pei, Ting (CC BY)
  • Influence of Urbanization on Carbon Emission Rights: An Analysis Based on an Enhanced Translog Production Function and Refined Urban Boundaries / Li, Yihan (CC BY)
  • Digital Economy, Declining Demographic Dividend and Rights of Low- and Medium-Skilled Workers / Bai, Peiwen (CC BY)
  • Service-Manufacturing Integration and the “Baumol’s Disease” Trap: Experience from China and Global Patterns / Zhang, Pengyang (CC BY)
  • Interindustry Factor Allocation and Trade Network Status / Wang, Xiaosong (CC BY)
  • Technological Innovation Spurring New Quality Productive Forces and Its Global Effect / Liang, Haoguang (CC BY)
  • Embedding Section of Digital Technology and Global Value Chain Position / Wu, Wen (CC BY)
  • How Gender Diversity Affects Risk Profiles in Chinese Mergers and Acquisitions / Adnène, Sghaier (CC BY)
  • Frontmatter (CC BY)
  • Production Networks and Business Cycles in China / Huang, Yiping (CC BY)
  • Integration into the Industrial Chain and Enterprise Innovation: A Novel Approach of Industrial Chain Measurement Using Firm Data / Chen, Lin (CC BY)
  • Growth of the Service Sector and Economic Fluctuations: A Production Network Perspective / Cheng, Dazhong (CC BY)
  • Does the Establishment of Shanghai Pilot Free Trade Zone Promote Yangtze River Delta’s Economic Development? / Liu, Xinhong (CC BY)
  • ˜Theœ Extent to which Contingent Convertible Leasing Protects Bank Deposits:A Barrier Option Approach / Khadimallah, Asma (CC BY)
  • Can Tax Incentives Promote Corporate Digital Transformation? Evidence from China’s Accelerated Depreciation of Fixed Assets Policy / Wang, Bao (CC BY)
  • From Tweets to Trades: The Dynamic Dance of Investor Sentiment, Attention, and News Sentiment in ESG Stocks / Loang, Ooi Kok (CC BY)
  • Frontmatter (CC BY)
  • Frontmater (CC BY)
  • ˜Theœ Theoretical Gap in the Study of New Quality Productive Forces and the Economic Analytical Perspective of “Heterogeneity” / He, Jun (CC BY)
  • Gender Pay Gap in the Gig Economy / Dong, Zhiqiang (CC BY)
  • ˜Theœ Impact of Global Value Chain Embedment on Energy Conservation and Emissions Reduction:Theory and Empirical Evidence / Bai, Junhong (CC BY)
  • Uncertainty of the Export VAT Rebate Policy: Measurement and Its Effects / Zhang, Yanzhe (CC BY)
  • Theoretical Mechanism and Implementation Path of Digital Technology Enabling Cultural Heritage Protection / Ye, Ziqing (CC BY)
  • China’s Dual Structure-Based Growth Accounting—Theoretical and Empirical Analysis of Introducing the Labor Employment Rate / Zhao, Wen (CC BY)
  • Cumulative Tariff Cost Rate and Structure in the Global Value Chain: A Theoretical and Empirical Study / Ni, Hongfu (CC BY)
  • Frontmatter (CC BY)
  • Can Digital Transformation Definitely Improve Firms’ Markups? / Dai, Xiang (CC BY)
  • Are the Green TBTs a Stimulus or a Trap for Enterprises’ Green Technology Development? / Lu, Ting (CC BY)
  • Crowding-in or Crowding-out: How Infrastructure Investment Affects Household Consumption / Yan, Zhiyu (CC BY)
  • ˜Theœ Connections among the US, China and Russia through Safe Assets / Wang, Rongyu (CC BY)
  • Frontmater (CC BY)
  • Frontmatter (CC BY)
  • Energy Price Fluctuation and Real Estate Market Risk Prevention—Empirical Evidence at the Prefecture-Level City Level in China / Wang, Zhenxia (CC BY)
  • Balancing Openness and Protection:Homogenization of Regulatory Laws in Digital Service Trade / Yang, Cuihong (CC BY)
  • Downstream Competition and Upstream Innovation: Theory and Evidence from China / Dai, Jing (CC BY)
  • ˜Theœ Impact of Manufacturing Transfer from China to India on China’s GDP and Employment / Zhang, Xiaoxu (CC BY)
  • Transportation Network Density, Domestic Market Integration and Excess Sensitivity of Household Consumption / Chen, Taiming (CC BY)
  • ˜Theœ Too-Big-to-Fail Premium in Tier-2 Capital Bonds and Additional Tier-1 Capital Bonds Primary Markets: Evidence from China / Yang, Le (CC BY)
  • ˜Theœ Growth Contribution of China’s Regional Coordinated Development Strategy—On the Dispute of Regional Policy Paths / Nian, Meng (CC BY)
  • Functional Upgrading of Value Chains and the Carbon Emissions Reduction Embodied in China’s Exports: From the Perspective of the Improvement in the FDI Quality / Chen, Fuzhong (CC BY)
  • Research on How the Digital Economy Contributes to Achieving A High-Level and Balanced Development of the Elderly Care Service Industry / Xia, Jiechang (CC BY)
  • Theoretical Mechanisms and Suggestions for Fostering the Economic Resilience of Chinese Cities from the Perspective of Urban Social Networks / Chen, Yao (CC BY)
  • Drivers of Portfolio Flows into Chinese Debt Securities Amidst China’s Bond Market Development / McCully, Tuuli (CC BY)
  • Stock Markets, Financial Depth, and Economic Growth in China: Evidence from ARDL Model / Bouattour, Afef (CC BY)
  • New Production Relations Driven by New Quality Productive Forces: Trends, Challenges and Countermeasures / Liu, Zhibiao (CC BY)

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