Tan, Yong; Shi, Qing; Xuan, Siyuan; Yang, Guang - In: International studies of economics 18 (2023) 1, pp. 21-52
direct investment (FDI) activities. We next take advantage of China's 11th Five-Year Plan as a quasi-natural experiment …, which imposed different pollution reduction targets across provinces, and examine its impact on firm-level FDI activities … policy endogeneity, missing variables, and expectation effect issues, which provides positive support for the pollution haven …