气候变化领域集成服务门户(CCPortal): How green is the “Belt and Road Initiative”? – Evidence from Chinese OFDI in the energy sector

CCPortal

DOI	10.1016/j.enpol.2020.111709
	How green is the “Belt and Road Initiative”? – Evidence from Chinese OFDI in the energy sector
	Liu H.; Wang Y.; Jiang J.; Wu P.
发表日期	2020
ISSN	03014215
卷号	145
英文摘要	From an analysis of 729 completed energy sector outward foreign direct investment (OFDI) deals by Chinese firms from 2005 to 2016, this paper evaluated the Chinese OFDI greening tendencies and the links to host country energy structures and energy efficiency, for which PSM-DID analysis was used to control the influence of endogeneity resulting from missing variables. It was found that Chinese firms tended to invest in green projects when the host countries had better political environments, natural resource endowments and higher energy efficiencies, but lower carbon dioxide intensities, less developed energy structures, technologies and infrastructures. It was also found that the Belt and Road Initiative (BRI) had a strong policy effect on the greening of Chinese OFDI in the related countries and areas and especially in developing countries. Because the Chinese firms chose to invest in clean energy projects as a result of the new BRI policy framework, this research shed light on the Chinese OFDI policy responses. © 2020 Elsevier Ltd
关键词	Chinese OFDI Energy sector The belt and road
英文关键词	Carbon dioxide; Developing countries; Energy efficiency; Energy policy; Roads and streets; Chinese firms; Energy sector; Energy structures; Foreign direct investments; Host countries; Policy effects; Policy framework; Resource endowments; Investments; carbon dioxide; developing world; energy efficiency; energy policy; energy use; foreign direct investment; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204751
作者单位	Business School, Sichuan University, China
推荐引用方式 GB/T 7714	Liu H.,Wang Y.,Jiang J.,等. How green is the “Belt and Road Initiative”? – Evidence from Chinese OFDI in the energy sector[J],2020,145.
APA	Liu H.,Wang Y.,Jiang J.,&Wu P..(2020).How green is the “Belt and Road Initiative”? – Evidence from Chinese OFDI in the energy sector.Energy Policy,145.
MLA	Liu H.,et al."How green is the “Belt and Road Initiative”? – Evidence from Chinese OFDI in the energy sector".Energy Policy 145(2020).