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Nhan đề: The impact of foreign direct investment on environment degradation: Evidence from emerging markets in Asia
Tác giả: Anh, To Hoang
Ha, Dao Thi Thieu
Ha, Nguyen Minh
Duc, Vo Hong
Từ khoá: Environment degradation
Pollution heaven hypothesis FMOLS
Dynamic Ordinary Least Squares (DOLS)
Năm xuất bản: 2019
Tùng thư/Số báo cáo: International Journal Environment Research Public Health;pp. 1 - 24
Tóm tắt: This study is conducted to examine the concerns of the foreign direct investment (FDI) causing environment degradation and also to test the validity of the traditional Environmental Kuznets Curve (EKC) in the context of emerging markets in the Asian region. Data of these countries from 1980–2016 are utilised. This study employs panel cointegration Fully Modified Ordinary Least Squares (FMOLS), which treats the endogeneity problem, and its estimators are adjusted for serial correlation. Moreover, this study also uses panel Dynamic Ordinary Least Squares (DOLS), which includes contemporaneous value, leads and, lags of the first difference of the regressors to correct endogeneity problems and serial correlations. Findings from this study indicate that the pollution heaven hypothesis and the EKC curve are generally valid in the region. In addition, FDI has a strong impact on the environment.
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