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What is the influence of FDI and international people flows on environment and growth in OECD countries? A panel study
Environmental Impact Assessment Review ( IF 6.122 ) Pub Date : 2020-09-01 , DOI: 10.1016/j.eiar.2020.106434
Gianluigi De Pascale , Ruggiero Sardaro , Nicola Faccilongo , Francesco Contò

Abstract Recent years have witnessed an international increase of capital and human flows, this being accelerated by globalization. Several studies show that this phenomenon positively influences growth whilst being detrimental for the environment. This article aims to shed a light on the relationship between environment, growth and international capitalism and human flows. By making use of yearly data in a panel constructed around 36 OECD countries over the timespan 2000–2017, we run Pooled Ordinary Least Squares, Fixed Effects and Random Effects regressions with Driscoll-Kraay standard error correction, as well as the Generalized Method of Moments and the Dynamic Ordinary Least Squares, to obtain both short and long-run relationship. The main results provide evidence supporting the Environmental Kuznets Curve hypothesis in the short-run, while offering some variation in the long-run. The FDI bolster the economic growth by means of no green technologies. The international touristic demand just impacts on the growth, while the migration flows improve the environmental performance both in the short and long-run, implying that international human flows generate positive spill-over in terms of environmental behaviours and growth.

中文翻译:

外国直接投资和国际人口流动对经合组织国家的环境和增长有何影响?小组研究

摘要 近年来,国际资本和人力流动不断增加,全球化加速了这一进程。多项研究表明,这种现象对生长产生积极影响,同时对环境有害。本文旨在阐明环境、增长与国际资本主义和人口流动之间的关系。通过使用在 2000 年至 2017 年期间围绕 36 个经合组织国家构建的面板中的年度数据,我们使用 Driscoll-Kraay 标准误差校正以及广义矩法运行合并普通最小二乘法、固定效应和随机效应回归和动态普通最小二乘法,以获得短期和长期关系。主要结果在短期内提供了支持环境库兹涅茨曲线假设的证据,同时提供一些长期变化。FDI 通过非绿色技术支持经济增长。国际旅游需求仅对增长产生影响,而移民流动在短期和长期都改善了环境绩效,这意味着国际人口流动在环境行为和增长方面产生了积极的溢出效应。
更新日期:2020-09-01
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