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Study on Grey Relational Degree between Environmental Regulation, FDI and Carbon Emission Intensity in the Yangtze River Delta Region

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DOI: 10.23977/ERMSS.2019.064

Author(s)

Qianqian Xiao, Hang Yuan, and Xiaoke Zhao

Corresponding Author

Xiaoke Zhao

ABSTRACT

Reducing carbon emissions can effectively curb the global warming and promote sustainable development. Based on the relevant data of Yangtze River Delta region from 2012 to 2016, the paper calculates the carbon emission intensity in Shanghai, Jiangsu Province, Zhejiang Province and Anhui Province over the years. The paper also empirically tests the correlation between environmental regulation, FDI and carbon emission intensity in three provinces and one city through the establishment of grey relational analysis model. The results show that the effect of carbon emission reduction is obvious in the Yangtze River Delta region, and the carbon emission intensity decreases year by year. The correlation degree between environmental regulation, FDI and carbon emission intensity is different between provinces and cities. The correlation degree between environmental regulation and carbon emission intensity is higher in Anhui Province, and the correlation degree between FDI and carbon emission intensity is higher in other provinces and cities. In order to reduce carbon emissions, it is necessary to coordinate the use of environmental regulation tools and give full play to the role of FDI in the optimization of industrial structure.

KEYWORDS

FDI; carbon emission intensity; Yangtze River Delta region

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