Environmental consequences of economic growth and foreign direct investment: evidence from panel data analysis
Muhammad Shahbaz, Samia Nasreen, Talat Afza
Abstract
Muhammad Shahbaz, Samia Nasreen, Talat Afza
Abstract
This paper aims to investigate the non-linear relationship between foreign direct investment and environmental degradation using panel data of 110 developed and developing economies. Our results indicated that environmental Kuznets curve exists and foreign direct investment increases environmental degradation. The findings are different in income groups and regional analysis.
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This paper aims to investigate the non-linear relationship between foreign direct investment and environmental degradation using panel data of 110 developed and developing economies. Our results indicated that environmental Kuznets curve exists and foreign direct investment increases environmental degradation. The findings are different in income groups and regional analysis.
Key concepts: Foreign direct investment, Panel data, Kuznets curve, Environmental degradation, Economics, International economics, Investment (military), Macroeconomics