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フルテキストURLD300016000005.pdf ( 2.0MB ) 公開日 2018-05-09
タイトルAn empirical investigation of the Environmental Kuznets Curve from an international economics perspective : does the origin of FDI matter?
作成者Dang, Phuong Thao
内容記述(抄録等)The Environmental Kuznets Curve (EKC) is a hypothesis of an inverted U-shaped relationship between environmental damage and income of a country, which means pollution tends to get worse as economic growth takes place, then starts to improve at a turning point over the course of development. Despite its complexity and controversy, the theory underlined by the EKC has been widely employed in empirical research on different economic elements in their relationship with growth and pollution. This research applies the EKC model to achieve two purposes: testing the EKC hypothesis and studying the environmental impacts of FDI (from developed and developing partners) and trade, the two important physical aspects of globalization. The most interesting question inspired the research is whether the origin of FDI affects environmental quality of host countries through the EKC. In the panel of 51 developed and developing countries and the subpanel of 23 developing economies for the period from 2001 to 2012, the two-way fixed effect econometric model verifies the EKC’s existence. Furthermore, the country-of-origin factor of FDI, which is largely ignored in the literature, is proved to be important to understand the impact of international investment on the environment. FDI from developed countries shows robust halo effect which reduces carbon dioxide emissions through technology transfer and development. Whereas, developing-country FDI and trade openness are associated with more polluting economic activities. However, the model does not capture the pattern of developed country subpanel, which requires further research. The findings deliver important policy implications to national governments, especially in developing countries, and critical input to the international discussions on the linkage between environment and cross-border flows of capital and goods.
本文言語eng
著者キーワードEnvironmental Kuznets Curve
EKC
environment
growth
sustainable development
sustainability
FDI
trade
halo
pollution havens
資料タイプtext
ファイル形式application/pdf
出版者山口大学大学院東アジア研究科
出版者ヨミヤマグチ ダイガク ダイガクイン ヒガシアジア ケンキュウカ
NII資料タイプ学術雑誌論文
ISSN1347-9415
NCIDAA11831154
学内刊行物(紀要等)東アジア研究
掲載誌名東アジア研究
掲載誌名別表記Journal of East Asian studies
16
開始ページ71
終了ページ91
発行日2018-03
著者版/出版社版出版社版
リポジトリIDD300016000005
地域区分山口大学
URIhttp://www.lib.yamaguchi-u.ac.jp/yunoca/handle/D300016000005