scholarly journals Forecasting China’s CO2 emissions by considering interaction of bilateral FDI using the improved grey multivariable Verhulst model

2020 ◽  
Vol 23 (1) ◽  
pp. 225-240 ◽  
Author(s):  
Hang Jiang ◽  
Peiyi Kong ◽  
Yi-Chung Hu ◽  
Peng Jiang
Keyword(s):  
Emissions Reduction ◽  
Chinese Government ◽  
Grey Prediction ◽  
Pollution Haven Hypothesis ◽  
Outward Fdi ◽  
Trade Off ◽  
Pollution Haven ◽  
Verhulst Model ◽  
The Government ◽  
Accuracy Of Prediction

AbstractBecause of the harmful influence of CO2 emissions on the environment and humans, issues related to CO2 emissions have received considerable attention in recent years. Based on the pollution haven hypothesis and pollution halo effect, the uncertain effect of bilateral foreign direct investment (FDI) on CO2 emissions has recently been in focus. Moreover, because of the opposing capital flow of bilateral FDI, the interaction between inward FDI (IFDI) and outward FDI (OFDI) might have a trade-off effect on CO2 emissions. The accurate forecasting of CO2 emissions in China in light of effect of the bilateral FDI is important since the government can use it to regulate emissions’ reduction. The grey multivariable Verhulst model (GMVM) was formulated in this paper with the goal of forecasting CO2 emissions in China by considering the nonlinear, independent, and interaction-related effects of bilateral FDI on them. To enhance the accuracy of prediction, this paper used the Fourier series and the grey prediction model for residual modifications. The empirical results showed that the IFDI and the item of the interaction of bilateral FDI promoted CO2 emissions, whereas OFDI reduced them in China. These results also verified the higher precision of the improved GMVM relative to other models. This paper also used improved GMVM to further forecast CO2 emissions and provided suggestions for the Chinese government to plan for foreign investment, including selectively implementing bilateral FDI, and focusing on the trade-off in its interaction-related effects.

Do environmental regulations affect FDI decisions? The pollution haven hypothesis revisited

2020 ◽  
Author(s):  
Haeyeon Yoon ◽  
Almas Heshmati
Keyword(s):  
Home Country ◽  
Manufacturing Sector ◽  
Environmental Regulations ◽  
Pollution Haven Hypothesis ◽  
Outward Fdi ◽  
Host Countries ◽  
Pollution Haven ◽  
Production Stages ◽  
The Impact ◽  
Production Part

Abstract This study attempts to verify the pollution haven hypothesis by investigating the impact of environmental regulations on foreign direct investment (FDI). It uses Korean outward FDI data covering the manufacturing sector for the period 2009–15. This study not only considers the stringency when measuring the degree of the host country’s environmental regulations but also the enforcement of these environmental regulations. Since the pollution haven’s effects indicate moving the polluting production stages from the home country to other (host) countries, we differentiate between investments in the ‘production’ part from those in the non-production part using location information about the host country. The main results of a FDI’s model estimation show that the stricter the regulations in host countries in Asia, the lower the FDI both intensively and extensively in these countries. This supports the prevalence of the effects of a pollution haven. However, before we separate FDI into the production and non-production parts, the effects of environmental regulations on FDI are hindered by FDI in the non-production part. The results indicate that while environmental regulations are determinants of FDI in the production part, they do not have a significant effect on FDI decisions when the entire FDI is considered.

How to Tell the Truth without Outraging the Press?

MedienJournal ◽  
2017 ◽  
Vol 30 (2-3) ◽  
pp. 37
Author(s):  
Li Xiguang
Keyword(s):  
News Media ◽  
Public Affairs ◽  
Chinese Government ◽  
Government Officials ◽  
The Public ◽  
News Stories ◽  
The Press ◽  
The Media ◽  
The Government ◽  
Chinese News Media

The commercialization of meclia in China has cultivated a new journalism business model characterized with scandalization, sensationalization, exaggeration, oversimplification, highly opinionated news stories, one-sidedly reporting, fabrication and hate reporting, which have clone more harm than good to the public affairs. Today the Chinese journalists are more prey to the manipu/ation of the emotions of the audiences than being a faithful messenger for the public. Une/er such a media environment, in case of news events, particularly, during crisis, it is not the media being scared by the government. but the media itself is scaring the government into silence. The Chinese news media have grown so negative and so cynica/ that it has produced growing popular clistrust of the government and the government officials. Entering a freer but fearful commercially mediated society, the Chinese government is totally tmprepared in engaging the Chinese press effectively and has lost its ability for setting public agenda and shaping public opinions. 

scholarly journals Pollution Haven Hypothesis of Global CO2, SO2, NOx—Evidence from 43 Economies and 56 Sectors

2021 ◽  
Vol 18 (12) ◽  
pp. 6552
Author(s):  
Ke Zhang ◽  
Xingwei Wang
Keyword(s):  
Trade Liberalization ◽  
Value Chain ◽  
Intermediate Product ◽  
Global Trade ◽  
Global Value Chain ◽  
Nox Emissions ◽  
Pollution Haven Hypothesis ◽  
Trade Pattern ◽  
Trade Patterns ◽  
Pollution Haven

With the development of trade liberalization, the pollutants emissions embodied in global trade are increasing. The pollution haven hypothesis caused by trade has aroused wide attention. The fragmentation of international production has reshaped trade patterns. The proportion of intermediate product trade in global trade is increasing. However, little has been done to study the pollution haven of different pollutants under different trade patterns. In this paper, major environmental pollutants CO2 (carbon dioxide), SO2 (sulfur dioxide), and NOx (nitrogen oxides) are selected as the research objects. This study investigated the global pollution haven phenomenon in 43 countries and 56 major industries from 2000 to 2014. Based on the MRIO model, the trade mode is divided into three specific patterns: final product trade, intermediate product trade in the last stage of production, and the trade related to the global value chain. The results show that trade liberalization could reduce global CO2, SO2, and NOx emissions, and intermediate product trade has a more significant emission reduction effect than final product trade. Trade’s impacts on each country are various, and the main drivers are also different. For example, the European Union avoids becoming a pollution haven mainly through the trade related to the global value chain. The suppressed emissions under this trade pattern are 71.8 Mt CO2, 2.2 Mt SO2, 2.2 Mt NOx. India avoids most pollutants emissions through intermediate product trade. China has become the most serious pollution haven through final product trade. The trade pattern could increase China 829.4 Mt CO2, 4.5 Mt SO2, 2.6 Mt NOx emissions in 2014.

scholarly journals State-Mediated Globalization Processes and the Adoption of Corporate Social Responsibility Reporting in China

2017 ◽  
Vol 13 (1) ◽  
pp. 167-191 ◽  
Author(s):  
Christopher Marquis ◽  
Juelin Yin ◽  
Dongning Yang
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Political Legitimacy ◽  
Chinese Government ◽  
Political Processes ◽  
Csr Reporting ◽  
Corporate Social Responsibility Reporting ◽  
Global Norms ◽  
The Government ◽  
Corporate Social

ABSTRACTDespite the prevalence of global diffusion, little is known about the processes by which international practices are adopted and adapted within organizations around the world. Through our qualitative research on the introduction of corporate social responsibility (CSR) reporting at two leading Chinese companies, we identify a unique set of political mechanisms that we labelstate-mediated globalization, whereby powerful nation-state actors influence the ways in which corporations adopt and adapt global norms and practices. We find that businesses’ needs for political legitimacy from a key stakeholder, in this case the government, leads them to deviate systematically from the global practice in bothformandcontent. These intentional practice adaptations are then legitimized by the government to createinternationalization toolsandlocalized standardsto aid adoption by other organizations. Our findings illustrate previously unidentified mechanisms by which powerful stakeholders such as the Chinese government may mediate, and thereby direct, the ways in which corporations adopt and adapt global CSR practices. Contributions to understanding the political processes of institutional translation in the context of globalization are discussed.

Investigating the pollution haven hypothesis in Ghana: An empirical investigation

Energy ◽  
2017 ◽  
Vol 124 ◽  
pp. 706-719 ◽  
Author(s):  
Sakiru Adebola Solarin ◽  
Usama Al-Mulali ◽  
Ibrahim Musah ◽  
Ilhan Ozturk
Keyword(s):  
Empirical Investigation ◽  
Pollution Haven Hypothesis ◽  
Pollution Haven

Currency Internationalization and Reforms in the Architecture of the Monetary System: the case of Digital Yuan

2021 ◽  
Vol 40 (1) ◽  
Author(s):  
Zhi Ji ◽  
George Abuselidze ◽  
Valeriia Lymar
Keyword(s):  
Financial System ◽  
The State ◽  
Chinese Government ◽  
Security Technology ◽  
Digital Currency ◽  
Negative Results ◽  
Monetary System ◽  
The Government ◽  
Financial Transactions ◽  
Global Financial System

In the paper, the authors prove that the application of the Chinese currency in the less developed regions reveals that the Chinese Yuan, despite its limited turnover, can replace the national currency. The following positive and negative results on the global financial system are highlighted promoting the internationalization of the digital Yuan: ensuring and unlimited transparency of the government and visibility of internal financial transactions; transparency of all offshore financial transactions within a country as well as of non-resident users; providing a framework for the global financial system and controlling the monetary policies of regional economies that have actively adopted the Yuan. The paper analyses that the strategy of the Yuan internationalization was implemented through the mechanism of the currency swap agreements with central banks of different countries, respectively, the growing international application of the Yuan gradually stimulated the creation of the „Yuan zone". It is proved that the Yuan internationalization has become a part of the state strategy of the Chinese government in transition to a new type of economic growth, so the digital Yuan should eventually replace cash and will become the main innovation in the global financial system since the appearance of digital currency. According to the conducted research, it is shown that the main technology of the state digital currency of China accommodates security technology, transaction technology, and reliable guarantee technology. The system of Digital Currency, Electronic Payment - DCEP includes a digital currency tracking method system and a digital currency management system based on certain conditions. Launch conditions include terms of economic conditions, interest rate terms of the loan, the terms of the subject flow, and time conditions.

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