文献类型：期刊文献

英文题名：Does Fiscal Mechanism Affect the Promotion of Outward Foreign Direct Investment in Green Innovation?

作者：Lei, Xiao[1];Xie, Yuanyuan[1];Chen, Xianfeng[2]

第一作者：Lei, Xiao

通讯作者：Chen, XF[1]

机构：[1]Beijing Informat Sci & Technol Univ, Sch Informat Management, Beijing 100192, Peoples R China;[2]Beijing Union Univ, Tourism Coll, Beijing 100101, Peoples R China

第一机构：Beijing Informat Sci & Technol Univ, Sch Informat Management, Beijing 100192, Peoples R China

通讯机构：[1]corresponding author), Beijing Union Univ, Tourism Coll, Beijing 100101, Peoples R China.|[1141732]北京联合大学旅游学院;[11417]北京联合大学;

年份：2023

卷号：2023

外文期刊名：DISCRETE DYNAMICS IN NATURE AND SOCIETY

收录：;Scopus(收录号：2-s2.0-85177845079);WOS:【SCI-EXPANDED(收录号:WOS:001106626500001)】；

基金：The authors acknowledge the financial support from the Beijing Social Science Foundation (20JJC023), Humanities and Social Science Fund of the Ministry of Education (20YJC630056), the Project of Cultivation for Young Top-Motch Talents of Beijing Municipal Institutions (BPHR202203234), QinXin Talents Cultivation Program of Beijing Information Science and Technology University (QXTCPC202116), Key Project of Teaching Reform of Beijing Information Science and Technology University (2021JGZD06), Beijing Higher Education Association Project (YB202122), and Beijing Municipal Education Commission Research Project (KM202111232017).

语种：英文

摘要：This study aims to investigate the driving mechanisms behind outward foreign direct investment (OFDI) on regional green total factor innovation efficiency (GTFIE), focusing specifically on the external fiscal factor perspective. We measured the GTFIE using the super slacks-based model and established a threshold model using financial agglomeration and fiscal decentralization as moderating variables for empirical analysis. The findings indicate that the level of GTFIE in China is relatively low, with an average value of only 0.588 in the sample provinces. It is worth noting that there is a serious imbalance in China's regional green innovation development. The eastern region has an average GTFIE of 0.886 and is home to nine of the top ten GTFIE provinces. Moreover, regional financial factors exert a substantial moderating impact on the spillover of OFDI. OFDI exhibits a significant dual threshold effect on GTFIE under external fiscal moderation. Specifically, with an increase in the degree of financial agglomeration, the relationship between OFDI and GTFIE changes from being insignificant to a significant positive correlation, with a gradient enhancement. Meanwhile, the relationship between them exhibits an "inverted U-shaped" nonlinear dynamic pattern under fiscal decentralization moderation.