...
首页> 外文期刊>Journal of Cleaner Production >Pollution haven hypothesis revisited: A comparison of the BRICS and MINT countries based on VECM approach
【24h】

Pollution haven hypothesis revisited: A comparison of the BRICS and MINT countries based on VECM approach

机译:污染天堂假说重新审视:基于VECM方法的金砖国家与薄荷市场国家的比较

获取原文
获取原文并翻译 | 示例
           

摘要

The aim of this study is to investigate the existence of pollution haven hypothesis (PHH) and test the casual relationship between inward foreign direct investment (FDI) and environmental pollutions, as well as other potential influencing factors of environmental performance. To this end, a panel vector error correction model (VECM) and panel co-integration test is conducted for two country groups - the BRICS (i.e., Brazil, Russia, India, China, and South Africa) and the MINT (i.e., Mexico, Indonesia, Nigeria, and Turkey) - during 1982-2014. Empirical results illustrate a bidirectional and positive causality between FDI inflows and GDP per capita for both groups, implying a virtuous circle of FDI-growth nexus. More importantly, both the BRICS and MINT countries illustrate bidirectional and negative causality between FDI inflows and environmental pressures (i.e., per capita energy consumption for BRICS and per capita carbon emissions for MINT). Such findings indicate the pollution haven hypothesis does not stand in this case. In addition, it is also found that the opening degree of trade can be promoted by FDI inflows, which has rarely been deeply analyzed in prior studies. Concluding remarks and policy suggestions are proposed in the last section. (C) 2019 Elsevier Ltd. All rights reserved.
机译:这项研究的目的是调查污染天堂假说(PHH)的存在,并检验外来直接投资(FDI)与环境污染之间的偶然关系,以及其他可能影响环境绩效的因素。为此,针对两个国家/地区组(BRICS(即巴西,俄罗斯,印度,中国和南非)和MINT(即墨西哥))进行了面板矢量误差校正模型(VECM)和面板协整测试。 ,印度尼西亚,尼日利亚和土耳其)-1982年至2014年。实证结果表明,两组外国直接投资流入与人均国内生产总值之间存在双向正因果关系,这意味着外国直接投资与增长之间存在良性循环。更重要的是,金砖国家和MINT国家都说明了FDI流入与环境压力之间的双向和负因果关系(即金砖国家的人均能源消耗量和MINT的人均碳排放量)。这些发现表明,在这种情况下,没有污染天堂的假设。此外,还发现,外国直接投资的流入可以促进贸易的开放程度,这在以前的研究中很少进行深入分析。最后一节提出结论性意见和政策建议。 (C)2019 Elsevier Ltd.保留所有权利。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号