Foreign direct investment and cleaner production choice: Evidence from Chinese coal-fired power generating enterprises

As the world’s largest emitter of sulfur dioxide, China is facing mounting domestic and international pressures to tackle the increasingly serious atmospheric pollution. Convergence is an important inherent characteristic of sulfur dioxide discharge. This study examines the convergence of per capita sulfur dioxide emissions across 280 Chinese prefecture-level cities from 2003 to 2016. Due to the spatial autocorrelation of air pollutants, conventional estimation methods for β convergence ignore the spatial effects and produce biased results. Consequently, spatial econometric models with different weight matrices are employed to control for spatial effects. The empirical results indicate that per capita sulfur dioxide emissions exhibit both absolute β convergence and conditional β convergence, and spatial effect and other socioeconomic factors accelerate the convergence speed. In addition, this study verifies the environmental Kuznets curve hypothesis between sulfur dioxide and gross domestic product. The results highlight the importance of regional cooperation and coordination when formulating environmental and industrial policies.

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“…2 Accordingly, emissions of SO2 from coal-fired power plants have indeed been highlighted as a significant source of air pollution. 53,60…”

Section: Resultsmentioning

confidence: 99%

Are there industrial SO₂ convergences in China’s prefecture-level cities? New evidence from a spatial econometric perspective

Nan

Qin

Cai

et al. 2019

Energy & Environment

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“…While costlier than normal production processes, using such equipment can generate energy more efficiently and emit less emissions. Evidence suggests that foreign investment largely increases usage of desulfurization in the energy sector (Huang et al 2019). The environmental impact of the PRC's FDI has often been discussed particularly in the context of the Belt and Road Initiative (Box 7.3).…”

Section: Foreign Investment Can Support Cleaner Production Processes ...mentioning

confidence: 99%

Asian Economic Integration Report 2023

2023

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The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they

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“…The environment affects the development of enterprises, and investment in green technology can increase the competitiveness [47], such as the investment in desulfurization equipment of coal-fired unit [77,78], upgrade to the cleaner production. • Talent structure and personnel capability suitable for the power market (B45)…”

Section: • Investment In Desulfurization and Denitrification Units (B37)mentioning

confidence: 99%

Identification of Key Influencing Factors of Sustainable Development for Traditional Power Generation Groups in a Market by Applying an Extended MCDM Model

et al. 2019

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With the deepening reform of the power market, the external environment of China’s power industry is going through a huge change. China’s traditional power generation groups (TPGGs), with assets all over the country, are, due to a lack of market awareness about energy policies, facing serious challenges in developing competitive advantages, improving power transaction modes, optimizing profit models, and even realizing basic corporate strategies. In this study, we focus on identifying the key factors influencing sustainable development in an unprecedented market environment for TPGGs, so as to achieve overall sustainable development for the whole power generation sector in China. A hybrid framework based on Multiple-Criteria Decision-Making (MCDM) was proposed to recognize the key influencing factors under vague rule conditions. We developed a novel method combining three different MCDM methods with triangular fuzzy numbers (TFNs), fuzzy Delphi, fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL), and Analytic Network Process (ANP), to cover uncertainty and make the problem-solving approach closer to the actual problem. A series of analyses indicate that the final 14 factors covering the five dimensions are considered to be important factors in the sustainable development of TPGGs. Based on the results, it can be said that “Gross energy margin” and “Pricing bidding strategy” dominate the impacts of TPGG’s sustainable development. Finally, we give some advice relating to practical measures to help TPGGs achieve sustainable development in the market-oriented industry environment.

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Foreign direct investment and cleaner production choice: Evidence from Chinese coal-fired power generating enterprises

Cited by 17 publications

References 19 publications

Are there industrial SO₂ convergences in China’s prefecture-level cities? New evidence from a spatial econometric perspective

Are there industrial SO₂ convergences in China’s prefecture-level cities? New evidence from a spatial econometric perspective

Asian Economic Integration Report 2023

Identification of Key Influencing Factors of Sustainable Development for Traditional Power Generation Groups in a Market by Applying an Extended MCDM Model

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Foreign direct investment and cleaner production choice: Evidence from Chinese coal-fired power generating enterprises

Cited by 17 publications

References 19 publications

Are there industrial SO2 convergences in China’s prefecture-level cities? New evidence from a spatial econometric perspective

Are there industrial SO2 convergences in China’s prefecture-level cities? New evidence from a spatial econometric perspective

Asian Economic Integration Report 2023

Identification of Key Influencing Factors of Sustainable Development for Traditional Power Generation Groups in a Market by Applying an Extended MCDM Model

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Product

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Are there industrial SO₂ convergences in China’s prefecture-level cities? New evidence from a spatial econometric perspective

Are there industrial SO₂ convergences in China’s prefecture-level cities? New evidence from a spatial econometric perspective