Economic Policy Uncertainty, Outward Foreign Direct Investments, and Green Total Factor Productivity: Evidence from Firm-Level Data in China
نویسندگان
چکیده
This paper uses Chinese firm-level data to investigate the effect of China’s outward foreign direct investment (OFDI) on green total factor productivity (GTFP) under economic policy uncertainties (EPU). We found a significant positive impact OFDI GTFP. Moreover, an increase in EPU was shown decrease also that positively contributes GTFP for private firms and foreign-invested China. Technology-seeking greater than resource-seeking market-seeking OFDI. These results remain robust when considering from Central East China as well Western The findings are with labor (GLP) substituting using different econometric techniques. discuss potential implications enhancing innovation performance sustainable industrial development
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ژورنال
عنوان ژورنال: Sustainability
سال: 2021
ISSN: ['2071-1050']
DOI: https://doi.org/10.3390/su13042339