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| Research on the Dynamic Regulation Effect of Heterogeneous Environmental Regulations on OFDI’s Reverse Green Innovation |
| HAN Xianfeng，SONG Wenfei |
| 1.Kunming University of Science and Technology, Kunming, China; 2.Shaanxi Normal University, Xi’an, China |
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Abstract Based on the three-dimensional perspective of mandatory, voluntary and economic environmental regulations, this study uses China’s inter-provincial panel data and threshold measurement technology to empirically discuss the heterogeneous dynamic impact of OFDI on domestic green innovation. The results show that OFDI’s reverse green innovation has a significant heterogeneous environmental regulation threshold effect, which is manifested as a U-shaped evolution rule under the regulation of command-type environmental regulation, and it has N-type dynamic characteristics under the constraints of voluntary and economic environmental regulation. Only the implementation of higher-intensity mandatory and voluntary environmental regulations and maintaining moderate economic environmental regulations, will it be most conducive to the release of OFDI’s reverse green innovation spillovers, and this dynamic evolution feature has significant spatial differences. At the present stage, all three environmental regulatory tools have played a positive regulatory effect in driving the OFDI’s reverse green innovation process, and have shown two distinct characteristics. From the perspective of tool differences, the mandatory environmental regulation is the best, the economic environmental regulation is the second, and the voluntary environmental regulation is the worst. From the perspective of regional differences most obvious in the central region, followed by the western region, and the weakest in the eastern region.
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Received: 30 July 2020
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