SavedAdd your journal

Journals / Yönetim ve Ekonomi Araştırmaları Dergisi / 2018 / Cilt: 16 - Sayı: 3

THE EFFECT OF FOREIGN DIRECT INVESTMENTS ON ENVIRONMENTAL POLLUTION

DOĞRUDAN YABANCI SERMAYE YATIRIMLARININ ÇEVRE KİRLİLİĞİ ÜZERİNE ETKİSİ

Faruk MİKE
Ahmet KARDAŞLAR
Pages
178–191
Publication Date
2018-09-30
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Findings from the study show that pollution haven hypothesis is valid for low income countries, while pollution halo hypothesis is valid for low-middle income, upper-middle income and high income countries

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study investigates the impact of foreign direct investment on environmental quality for 102 countries over the period of 2000-2015.
📊
Key Findings & Data:Based on the World Bank country classification, three different pollution indicators (carbon dioxide-CO2, nitrogen dioxide-NO2and total greenhouse gas-GGAS) were included in the analysis for four groups of countries (low, low-middle income, upper-middle income and high income).
💡
Conclusion & Impact:Findings from the study show that pollution haven hypothesis is valid for low income countries, while pollution halo hypothesis is valid for low-middle income, upper-middle income and high income countries
🔬Design:Research Article
📍Scope:2000-2015 Verileri
⚙️Variables:Doğrudan Yabancı Sermaye Yatırımları · Çevre Kirliliği · Kirlilik Sığınağı Hipotezi

Abstract

This study investigates the impact of foreign direct investment on environmental quality for 102 countries over the period of 2000-2015. Based on the World Bank country classification, three different pollution indicators (carbon dioxide-CO2, nitrogen dioxide-NO2and total greenhouse gas-GGAS) were included in the analysis for four groups of countries (low, low-middle income, upper-middle income and high income). Generalized Moments Method developed by Arellona & Bond (1991) was applied. In the study, it is aimed to investigate two important theorical approaches: (i) “pollution haven hypothesis”, which means that foreign direct investment increases environmental pollution. (ii) “pollution halo hypothesis” which means that foreign direct investment has a benefical effect on environmental quality. Findings from the study show that pollution haven hypothesis is valid for low income countries, while pollution halo hypothesis is valid for low-middle income, upper-middle income and high income countries

Özet

Bu çalışma doğrudan yabancı sermaye yatırımlarının çevresel kalite üzerindeki etkisini 102 ülke için 2000-2015 yıllık dönemler doğrultusunda araştırmaktadır. Dünya Bankası ülke sınıflandırmasından hareket edilerek dört farklı ülke grubu (düşük, düşük-orta, üst-orta ve yüksek gelirli ülkeler) için üç farklı kirlilik göstergesi (karbon dioksit, nitrojen dioksit ve toplam sera gazı) analizlere dahil edilmiştir. Test yöntemi olarak dinamik panel veri analizi olan ve Arellona & Bond (1991) tarafından geliştirilen Genelleştirilmiş Momentler Metoduna yer verilmiştir. Çalışmada temel olarak doğrudan yabancı sermaye yatırımlarının çevre kirliliğini artırması anlamına gelen “kirlilik sığınağı (cenneti) hipotezi” ile azaltması anlamına gelen “kirlilik hale hipotezlerinin” araştırılması amaçlanmaktadır. Elde edilen bulgular düşük gelirli ülkeler için kirlilik sığınağı (cenneti) hipotezinin; düşük-orta, üst-orta ve yüksek gelir grubu ülkeler için ise kirlilik hale hipotezinin geçerli olduğunu ortaya koymaktadır.

🔖

Cite This Article

MİKE, F., KARDAŞLAR, A. (2018). THE EFFECT OF FOREIGN DIRECT INVESTMENTS ON ENVIRONMENTAL POLLUTION. Yönetim ve Ekonomi Araştırmaları Dergisi, Cilt: 16 - Sayı: 3, 178–191. https://ajindex.com/articles/26588

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (14)

  1. Acharyya, J. (2009) “FDI, Growth and the Environment: Evidence from India on CO2 Emission during the Last Two Decades”, Journal of Economic Development, 34(1): 43-58.
  2. Al-mulali, U. (2012) “Factors Affecting CO2 Emission in the Middle East: A Panel Data Analysis”, Energy, 44(1): 564-569.
  3. Al-mulali, U. ve Tang, C. F. (2013) “Investigating the Validity of Pollution Haven Hypothesis in the Gulf Cooperation Council (GCC) Countries”, Energy Policy, 60: 813-819.
  4. Arellano, M. ve Bond, S. (1991) “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations”, The Review of Economic Studies, 58(2): 277-297.
  5. Asghari, M. (2013) “Does FDI Promote MENA Region’s Environment Quality? Pollution Halo or Pollution Haven Hypothesis”, Int J Sci Res Environ Sci, 1(6): 92-100.
  6. Cole, M. A. (2004). “Trade, the Pollution Haven Hypothesis and the Environmental Kuznets Curve: Examining the Linkages”, Ecological economics, 48(1): 71-81.
  7. Cole, M. A., Elliott, R. J. ve Zhang, J. (2011) “Growth, Foreign Direct Investment, and the Environment: Evidence from Chinese Cities”, Journal of Regional Science, 51(1): 121-138.
  8. Dean, J. M. (2002) “Does Trade Liberalization Harm the Environment? A New Test”, The Canadian Journal of Economics, 35 (4): 819-842.
  9. Grossman, G. M. ve Krueger, A. B. (1991) “Environmental Impacts of a North American Free Trade Agreement”, National Bureau of Economic Research, Working Paper No. 3914: 1-39.
  10. Greene, W. (2002), “Econometric Analysis”, Fifth Edition, Pearson Education: New Jersey. Hitam, M. B. ve Borhan, H. B. (2012) “FDI, Growth and the Environment: Impact on Quality of Life in Malaysia”, Procedia-Social and Behavioral Sciences, 50: 333-342.
  11. Kivyiro, P. ve Arminen, H. (2014) “Carbon Dioxide Emissions, Energy Consumption, Economic Growth, and Foreign Direct Investment: Causality Analysis for Sub-Saharan Africa”, Energy, 74: 595-606.
  12. Kostakis, I., Lolos, S. ve Sardianou, E. (2016) “Foreign Direct Investment and Environmental Degradation: Further Evidence from Brazil and Singapore”, University Library of Munich, Germany. Lee, C. G. (2009) “Foreign Direct Investment, Pollution and Economic Growth: Evidence from Malaysia”, Applied Economics, 41(13): 1709-1716.
  13. Merican, Y. (2007) “Foreign Direct Investment and Pollution in Five Asean Nations”, International Journal of Economics & Management, 1(2): 245-261.
  14. Mutafoglu, T. H. (2012) “Foreign Direct Investment, Pollution, and Economic Growth: Evidence from Turkey”, Journal of