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A Dynamic Approach to the FDI-Environment Nexus: The Case of China and India

백정호|구원회
대외경제정책연구원 (Korea Institute for International Economic Policy (KIEP))|2009.12|East Asian Economic Review|제13권 제2호|pp. 87-106|DOI http://dx.doi.org/10.11644/KIEP.JEAI.2009.13.2.202

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키워드

IndiaChinaEnvironmentForeign direct investmentTime-series analysis
주제분류경제학

초록

An autoregressive distributed lag (ARDL) model is applied to examine the short- and long-run relationships among foreign direct investment (FDI), economic growth, and the environment in China and India. We find that, for China, FDI tends to deteriorate environmental quality in both the short- and long-run. For India, on the other hand, FDI is found to have a detrimental effect on the environment in the short-run, but has little effect in the long-run. Finally, it is found that income growth in both countries tends to worsen the environment in both short- and long-run.

Abstract

An autoregressive distributed lag (ARDL) model is applied to examine the short- and long-run relationships among foreign direct investment (FDI), economic growth, and the environment in China and India. We find that, for China, FDI tends to deteriorate environmental quality in both the short- and long-run. For India, on the other hand, FDI is found to have a detrimental effect on the environment in the short-run, but has little effect in the long-run. Finally, it is found that income growth in both countries tends to worsen the environment in both short- and long-run.

참고문헌 (33)

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