Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/197041
Authors: 
Baek, Jungho
Choi, Yoon Jung
Wong, Wing-Keung
Year of Publication: 
2017
Citation: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 5 [Year:] 2017 [Issue:] 4 [Pages:] 1-8
Abstract: 
This article sets out to study the FDI-environment nexus within a dynamic panel data framework. To that end, the pooled mean group (PMG) method of Pesaran et al. (1999) is used to assess the impact of FDI on CO2 emissions, controlling for income and energy consumption, using a panel of 17 Latin American countries. Our results using the full sample show that FDI increases CO2 emissions, confirming the pollution haven hypothesis. But when splitting the data into different income groups, FDI inflows only in high-income countries increase CO2 emissions. In addition, CO2 emissions with growth tend to increase monotonically within the full sample and middle-income countries. Finally, energy consumption is found to increase CO2 emissions in all cases: the full sample, high-, middle- and low-income countries.
Subjects: 
CO2 emissions
FDI
Latin America
panel analysis
PMG
JEL: 
C23
F18
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Article
Social Media Mentions:

Files in This Item:
File
Size
211.15 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.