scholarly journals Exporting the Greenhouse: Foreign Capital Penetration and CO? Emissions 1980–1996

2003 ◽  
pp. 261-275 ◽  
Author(s):  
Peter Grimes ◽  
Jeffrey Kentor
Keyword(s):  
Foreign Investment ◽  
Carbon Dioxide Emissions ◽  
Foreign Capital ◽  
Developed Countries ◽  
Systematic Effect ◽  
Domestic Investment ◽  
Environmental Controls ◽  
The Impact ◽  
Positive Effect ◽  
Cross National

This research examines the impact of foreign investment dependence on carbon dioxide emissions between 1980 and 1996. In a cross-national panel regression analysis of 66 less developed countries, we find that foreign capital penetration in 1980 has a significant positive effect on the growth of C0 2 emissions between 1980 and 1996. Domestic investment, however, has no systematic effect. We suggest several reasons for these findings. Foreign investment is more concentrated in those industries that require more energy. Second, transnational corporations may relocate highly polluting industries to countries with fewer environmental controls. Third, the movement of inputs and outputs resulting from the global dispersion of production over the past 30 years is likely to be more energy-expensive in countries with poorer infrastructure. Finally, power generation in the countries receiving foreign investment is considerably less efficient than within the countries of the core.

scholarly journals Foreign Capital Inflows and Domestic Savings in Pakistan: Cointegration Techniques and Error Correction Modelling

2002 ◽  
Vol 41 (4II) ◽  
pp. 825-836 ◽  
Author(s):  
Mohsin Hasnain Ahmad ◽  
Qazi Masood Ahmed
Keyword(s):  
Economic Growth ◽  
Foreign Capital ◽  
Developed Countries ◽  
Capital Inflow ◽  
Domestic Saving ◽  
Saving Rate ◽  
Domestic Investment ◽  
Domestic Savings ◽  
Foreign Capital Inflows ◽  
The Impact

The various form of inflow of foreign capital (loans, FDI, grant and portfolio) was welcome in developing countries to bridge the gap between domestic saving and domestic investment and therefore, to accelerate growth [Chenery and Strout (1966)]. Some other have been challenged the traditional view that foreign aid impedes domestic savings growth and mobilisation and have economic growth.1 Much attention have been paid in past 30 years, relationship between foreign capital flows and domestic saving, the main purpose of these studies have been determined whether in less developed countries foreign capital inflow and domestic saving are complementary or substitute. However, there is a controversy at theoretical and empirical levels, over the effects of foreign capital on both economic growth and national saving. A number of studies in Pakistan have been conducted during the early 1990s to examine the relationship between saving and foreign capital inflow.2 All studies shows the inverse relationship between foreign capital inflows3 (aggregate level) and saving rate, but the impact of FCI at disaggregate levels (loans, grants, FDI) on saving rate show different magnitude and signs, similarly impact of FCI on decomposition of saving rate (Public, private, household, corporate) also have different magnitude and sign.

scholarly journals Effects of Kyoto Protocol on CO2 Emissions: A Five-Country Rolling Regression Analysis

2019 ◽  
Vol 11 (3) ◽  
pp. 744
Author(s):  
Chien-Ho Wang ◽  
Ming-Hui Ko ◽  
Wan-Jiun Chen
Keyword(s):  
Co2 Emissions ◽  
Kyoto Protocol ◽  
Carbon Dioxide Emissions ◽  
Global Financial Crisis ◽  
Turning Points ◽  
Developed Countries ◽  
Heated Debate ◽  
Per Capita ◽  
Rolling Regression ◽  
The Impact

The current study illustrated the time variance of turning points in the relationship between carbon emissions and income to resolve heated debate on the different responsibility to climate change with 1950–2010 data of five development diversity countries—three developed countries (Germany, Italy, and Japan) and one developing country (India) and one newly industrialized economy (Taiwan). The article also examines the impact of the crisis on emission. The time-varying patterns in the turning points on environmental Kuznets curves (EKCs) were observed by a rolling regression technique with 1950–2010 data regarding the per capita CO2 emissions caused by fossil fuel combustion and the incomes of the countries. Several empirical findings were revealed from this analysis. Per capita CO2 emissions commonly decreased with varying magnitudes in the five countries over time. The EKC hypothesis regarding the CO2 emissions is affirmed again in this study. The announcement effects associated with the Kyoto Protocol was evidenced. As indicated by the occurring GDP of the turning point, there is a strong reduction trend in the income level of the turning points right before the years of Kyoto Protocol; and this decreasing trend nearly ended as the Kyoto protocol approached its end, except in Germany, where the occurring income of the turning points continued to have a decreasing trend. Although the global financial crisis had its effects in the world, the impacts on carbon dioxide emissions vary across countries.

An Empirical Study of the Investment to Promote the Technological Progress of China's Industrial

2014 ◽  
Vol 472 ◽  
pp. 1061-1065
Author(s):  
Yan Jun Wu ◽  
Shi Dong Ji ◽  
Li Jiang Jia
Keyword(s):  
Foreign Investment ◽  
Technological Progress ◽  
Market Competition ◽  
Stochastic Frontier ◽  
Industrial Sector ◽  
Rate Of Change ◽  
Domestic Investment ◽  
Industrial Sectors ◽  
To Come ◽  
The Impact

This paper using data of China's Industrial Sector in 1996 -2010, selecting the stochastic frontier production function model, estimating the rate of change of total factor productivity in various industries, gets the level of technological progress in various industries. On this basis, domestic and foreign investment in 1996 -2010 data, were used based on the panel data model to study the impact of the level of domestic and foreign investment in industrial sectors of technological progress. The empirical results show that the industrial technological progress in the vast majority of the industry comes from domestic investment or foreign investment, the individual industry even at the same time by the dual effects of domestic and foreign investment, When the industry is characterized by high degree of market competition and foreign investment to domestic investment proportion is higher, technological progress is more inclined to come from domestic investment, the contrary is more inclined to come from foreign investment.

scholarly journals Does Foreign Direct Investment More Important Than Domestic Direct Investment for Export Structure? Evidence from Indonesia

2021 ◽  
Author(s):  
Ariyo DP Irhamna ◽  
Ely Nurhayati ◽  
Adinda Putri Safira ◽  
Galuh Indra Wijaya
Keyword(s):  
Time Series ◽  
Foreign Investment ◽  
Direct Investment ◽  
Negative Impact ◽  
Positive Impact ◽  
Domestic Investment ◽  
Fdi Inflows ◽  
Export Structure ◽  
The Impact ◽  
Export Product

Abstract Scholars have long studied the spillover of FDI on trade. However, there has been limited study which spesifically investigate the impact of FDI on the export structure in a developing country. Does FDI more important than domestic investment for export structure? To examine the question, we test the impact of FDI and DDI on the export structure in time series framework, utilizing data on FDI inflows to Indonesia and export data based on product stage over 1992–2017. The export structure is analyzed based on three categories, namely primary product, intermediate product, and final product. Our results show that domestic investment has a negative impact on the primary export product, while foreign investment has a positive impact on the final export product. The result highlights the importance of domestic and foreign investment in export upgrading.

scholarly journals Export Earnings, Capital Instability and Economic Growth in South Asia

2003 ◽  
Vol 8 (1) ◽  
pp. 65-89
Author(s):  
Muhammad Aslam Chaudhary ◽  
Amjad Naveed
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Foreign Capital ◽  
Developed Countries ◽  
Export Diversification ◽  
Asian Countries ◽  
The Impact ◽  
The Relationship

During the last two decades the role of international trade and flow of foreign capital have received considerable attention in the literature. Various studies have examined the impact of export instability and capital instability on economic growth in less developed countries.1 Empirical evidence supports the hypothesis of a deleterious impact of export instability on economic growth. However, some studies also indicated that the relationship was unstable but positive with economic growth.2 Yet there are no systematic empirical investigations into the implied links between export diversification and long-term economic growth, particularly in the case of South Asian countries. The major concern regarding export instability is that it retards economic growth.

Role of External and Domestic Demand in Economic Growth: A Study of BRICS Countries

2019 ◽  
Vol 21 (2) ◽  
pp. 547-566 ◽  
Author(s):  
Bibhuti Ranjan Mishra
Keyword(s):  
Economic Growth ◽  
Developed Countries ◽  
Domestic Demand ◽  
Impulse Response Functions ◽  
Domestic Investment ◽  
Causality Analysis ◽  
Brics Countries ◽  
External Demand ◽  
The Impact

Despite the global downturn since 2008, the growth in BRICS countries as a group is least hampered as compared to the growth in the world, in general, and developed countries, in particular. Is it due to the strong domestic demand factors or external factors is an empirical question to be answered. Further, some economists are promulgating for a new development strategy of domestic demand-led growth. Hence, this article tries to examine the role of domestic and external demand to growth in BRICS countries. Domestic investment is taken to explore the impact of domestic demand on growth, while export and import variables are used to investigate the role of external demand in economic growth. To cater to the objective, causality analysis is done among exports, imports, domestic investment and economic growth using the vector auto regression analysis. Generalized impulse response functions are plotted to get an insight of dynamic interrelationships among these variables. The results are country-specific and mixed evidence of export-led and domestic demand-led growth is found depending on the individual countries of BRICS.

CONSTRAINTS TO FOREIGN DIRECT INVESTMENT IN INDIAN HOSPITALS

2010 ◽  
Vol 01 (01) ◽  
pp. 121-143 ◽  
Author(s):  
RUPA CHANDA
Keyword(s):  
Foreign Direct Investment ◽  
Health Insurance ◽  
Foreign Investment ◽  
Direct Investment ◽  
Medical Equipment ◽  
Domestic Investment ◽  
Fdi Inflows ◽  
Domestic Constraints ◽  
Insurance Penetration ◽  
The Impact

This paper examines the impact of a liberalised foreign direct investment (FDI) regime in Indian hospitals on FDI inflows. The paper shows that there is hardly any FDI in Indian hospitals due to domestic constraints such as high initial establishment costs, low health insurance penetration, manpower shortages, high cost of medical equipment, and regulatory deficiencies. These constraints also impede domestic investment in hospitals. The paper concludes that a liberal foreign investment regime may not result in increased FDI inflows if regulatory and structural impediments continue to constrain investment in the host economy. Investment liberalisation must thus be supplemented by domestic regulatory reforms to create an environment that is conducive to all investors.

The State and Foreign Investment

1989 ◽  
Vol 22 (1) ◽  
pp. 93-121 ◽  
Author(s):  
CHI HUANG
Keyword(s):  
Foreign Investment ◽  
Foreign Capital ◽  
Systems Design ◽  
Geographic Location ◽  
Direct Foreign Investment ◽  
The State ◽  
Conversion Factors ◽  
Host State ◽  
Regulatory Policies ◽  
The Impact

The influence of a host state on direct foreign investment attracts the attention of scholars much less than do the constraints of the latter on the former. This study addresses the impact of state regulatory policies on the roles of inward foreign investment in Taiwan and Singapore's manufacturing sector. The similarities between the two small Asian open economies are first discussed. The different roles played by the foreign investors in their economies are then compared. A review of the literature in orthodox theories and radical points of view reveals several possible explanatory variables for such differences. Through the logic of the “most similar systems” design, or method of difference, some seemingly plausible factors are ruled out, due to their similarities in the two chosen entities. It is found that some pull factors (such as geographic location, colonial legacy, external political environment, and indigenous industrial capacity) and conversion factors (such as state policies toward foreign investment) may be responsible for the differences between the two islands. A more detailed analysis is then given to the conversion factors in general and the state regulatory policies toward foreign capital in particular. Finally, some general hypotheses about the conversion factors in the host state-foreign capital relationship applicable to most industrializing countries are suggested for further testing in future studies.

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