A Research about the Relationship between Environmental Protection, FDI, R&D and the Progress of the Secondary Industry Based on Panel Data
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DOI: 10.23977/ICEMGD2020.088
Corresponding Author
Yichen He
ABSTRACT
This research explores how the investments in environmental pollution treatment influence the local industry development, considering both the foreign and the scientific research, the two important factors to use data from 2009 to 2018 to establish econometric model, and draws the following conclusions: in general, this paper argues that environmental regulation has a promoting effect to regional industrial development; in the east and the middle of China, investment in scientific research plays a significant role in promoting industrial development, but has an inhibitory effect in the west; foreign investment encourages industrial development only in the western region; investment in environmental protection and governance in the western region is negatively correlated with foreign investment, and investment in environmental protection and governance and scientific research in the central region are also negatively correlated. Finally, policy suggestions are proposed based on the conclusions.
KEYWORDS
Environmental regulation, foreign investment, scientific research, industrial growth