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Multinationals and environmental regulation: are foreign firms harmful?

机译:跨国公司与环境法规:外国公司是否有害?

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摘要

The rise of globalization has directed the attention of economists to the effect of trade and multinational production on the environment. We explore whether multinational firms, frequently the target of environmentalists, are harmful for a host country's environment. We introduce environmental regulation in a two-country model of heterogeneous firms with monopolistic competition. Using plant-level data from Chile, we test the model implications. We find that foreign firms are cleaner than domestic plants even after controlling for productivity that is likely to be negatively correlated with emissions. We also show that increasing the stringency of environmental regulations in a previously unregulated market affects the domestic firms more than the multinationals.
机译:全球化的兴起已将经济学家的注意力转移到贸易和跨国生产对环境的影响上。我们探讨了经常成为环保主义者目标的跨国公司是否对东道国的环境有害。我们在具有垄断竞争的异质公司的两国模型中引入环境监管。使用来自智利的工厂级数据,我们测试了模型的含义。我们发现,即使在控制了可能与排放负相关的生产率之后,外国公司也比国内工厂更清洁。我们还表明,在以前不受监管的市场中,提高环境法规的严格性对国内企业的影响大于对跨国公司的影响。

著录项

  • 来源
    《Environment and Development Economics》 |2012年第2期|p.163-186|共24页
  • 作者单位

    Complex Engineering Systems Institute and Center for Applied Economics,University of Chile, Santiago, Chile;

    Department of Economics, University of Texas at Austin, 1 University Station, C3100 Austin, TX 78712, USA;

  • 收录信息 美国《科学引文索引》(SCI);
  • 原文格式 PDF
  • 正文语种 eng
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