The Impact Of FDI Spatial Association Network On Environmental Quality

It has been almost ten years since the "Belt and Road" initiative was proposed in 2013,during which the scale of two-way outward foreign direct investment(OFDI)between countries and regions along the "Belt and Road" has been expanding and the economy has developed with high quality.Therefore,this paper analyzes the changes of FDI in the region by constructing a spatial correlation network of FDI along the "Belt and Road",and explains the impact of FDI on environmental quality from a theoretical perspective."Based on the construction of the spatial association network of FDI in "Belt and Road",this paper analyzes the impact of the network characteristics of the spatial association network on the environmental quality.The number of nodes in the spatially linked network increases and the overall number of edges also increases,the agglomeration coefficient shows a trend of first increasing and then decreasing,the reciprocity coefficient shows an overall increasing trend,but the overall value is relatively stable,and there is "conglomeration" in OFDI in "Belt and Road" countries and regions along the route.On the other hand,the “Belt and Road" countries and regions along the route have "grouping" in OFDI.On the other hand,the "Belt and Road" FDI spatial association network is self-stabilizing,and the top ten countries do not undergo any significant changes in terms of network centrality,intermediary centrality,network linkage strength or feature vector centrality.Finally,countries with strong network centrality,such as KWT Kuwait and QAT Qatar,have relatively high economic and technological levels among the Belt and Road countries,and mainly develop industries such as natural gas industry and tourism,which cause less environmental pollution due to their FDI inflows.Through them,developed countries transfer some high energy-consuming and high-polluting industries into the Belt and Road area,which deteriorate the local environmental quality and become a "pollution paradise"."The stronger the intermediary centrality is,the more polluting industries it introduces and the more serious the damage to the local environment is.To a certain extent,this paper complements the impact of FDI on environmental quality in terms of network research areas and explores the relationship between both OFDI and environmental quality,which is conducive to suggesting effective and targeted measures for building a green Silk Road,thus furthering the process of global carbon reduction and contributing Chinese solutions to the green and healthy development of the world economy.In addition,the econometric model of this paper is based on the spatial spillover effect,and the modified gravity model is used to construct the spatial association network,which breaks through the original restriction of "neighboring" or "similar" regions in economic geography.However,due to the poor availability of data,the EPI co-sponsored by Yale University only includes data sets for even-numbered years,so the available data sample size is small,and therefore the study has not yet reached a certain depth.At the end of the study,the negative impact of FDI on environmental quality is addressed by suggesting measures to improve environmental quality from both macro and micro perspectives and network characteristics.