Will FDI Increase the Efficiency of Local Government Fiscal Expenditure on Environmental Protection: An Analysis of Spatial Spillover Effect Based on SDM

doi:10.16382/j.cnki.1000-5579.2020.05.017

Abstract

Abstract: China adheres to the concept of green and open development. The influence of foreign direct investment(FDI) on the efficiency of local government fiscal expenditure on environmental protection and its spillover effect are of great significance to the external development and environmental protection in different regions of China. This paper uses the output-oriented DEA method to calculate and compare the efficiency of local government fiscal expenditure on environmental protection in 30 provinces. Then this paper analyzes the influence of FDI on the efficiency of fiscal expenditure on environmental protection and their spatial spillover effect through the Spatial Durbin Model(SDM). The results show that there is a significant spillover effect on the efficiency of fiscal expenditure on environmental protection and the efficiency in eastern provinces is higher than that in the western and the central ones. On the whole, there is a positive relationship between FDI and the efficiency of fiscal expenditure on environmental protection, but the empirical results of different regions show that there are significant differences in different regions. Therefore, in order to improve the efficiency of fiscal expenditure on environmental protection, China needs to make overall planning, guide the realization of the balance between different regions, make FDI play an active role in improving the efficiency of fiscal expenditure on environmental protection, and pay attention to the positive geographical spillover effect of foreign direct investment in various regions.

Key words: FDI, efficiency of fiscal expenditure on environmental protection, Spatial Durbin Model, Spillover Effect, regional differences

LI Xiu-zhen, ZHANG Jie, QU Yin-xiao, HAN Yun. Will FDI Increase the Efficiency of Local Government Fiscal Expenditure on Environmental Protection: An Analysis of Spatial Spillover Effect Based on SDM[J]. Journal of East China Normal University (Philosophy and Social Sciences), 2020, 52(5): 172-183.

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