Effect of green industrial policy on China's outward renewable energy investment

被引:2
|
作者
Xue, Jiashun [1 ,2 ]
Poon, Jessie [3 ]
Yang, Yu [1 ,2 ]
Ji, Qiang [4 ,5 ]
机构
[1] Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Beijing 100101, Peoples R China
[2] Univ Chinese Acad Sci, Coll Resources & Environm, Beijing 100049, Peoples R China
[3] SUNY Buffalo, Dept Geog, Buffalo, NY 14261 USA
[4] Chinese Acad Sci, Inst Sci & Dev, Beijing 100190, Peoples R China
[5] Univ Chinese Acad Sci, Sch Publ Policy & Management, Beijing 100049, Peoples R China
基金
中国国家自然科学基金;
关键词
China; Renewable energy investment; Green industrial policy; Decarbonization; FOREIGN DIRECT-INVESTMENT; DETERMINANTS; WIND; FDI;
D O I
10.1016/j.eneco.2024.107830
中图分类号
F [经济];
学科分类号
02 ;
摘要
The urgent need to accelerate global decarbonization to mitigate against climate change has revitalized the role of industrial policy in a country's economic transformation. This paper focuses on the impact of green industrial policies on China's renewable energy investment overseas. Findings indicate a strong relationship with consistent significant effect across renewable energy sectors, heterogeneous host countries, and firm ownership. Green industrial policies compensate for impoverished investment environments by signaling host governments' commitment to energy transition and decarbonization. This attenuates risk and uncertainty and has a positive effect on renewable energy investment from China. Such investment is especially relevant for developing countries interested in participating in energy transition. China's investment potentially increases access to renewable energy that facilitates global decarbonization.
引用
收藏
页数:11
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