The environmental impact of industrialization and foreign direct investment
By E. Opoku, M. Boachie. 2020
231 citations recorded by the source corpus.
In recent years, the major concern about the environment has been the emissions of greenhouse gases and the consequent impact on climate change. There is a huge interest among scholars in examining factors that contribute to environmental degradation. In this study, we examined the environmental impact of foreign direct investment and industrialization in 36 selected African countries using data for the period 1980–2014. We proxied the environment with a number of factors including carbon dioxide, nitrous oxide, methane, and total greenhouse gases emissions. Employing the Pooled Mean Group estimation technique, we found that the effect of industrialization on the environment is generally insignificant. However, the effect of foreign direct investment on the environment is found to be largely significant. Policy implications of these findings are discussed.
Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/68519731fafd597f1292936c4bea4cee55ae11e6
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In Economics and Econometrics
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Revisiting the CO2 emission-induced EKC hypothesis in South Asia: the role of Export Quality Improvement (2020, background): “As a result, industrialization has often been associated with greater CO2E emissions (Opoku and Boachie 2020).”