IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v181y2023ics0301421523003166.html
   My bibliography  Save this article

The effects of different forms of FDI on the carbon emissions of multinational enterprises: A complex network approach

Author

Listed:
  • Ma, Ning
  • Sun, Wenli
  • Wang, Ze
  • Li, HuaJiao
  • Ma, Xintong
  • Sun, Haocheng

Abstract

The carbon emissions of multinational enterprises (MNEs) through FDI are causing a shift in the emissions burden and threatening mitigation targets. The purpose of this paper is to investigate the effects of the FDI stock, greenfield FDI, and M&As on carbon emissions of MNEs from 2005 to 2016 via quadratic assignment procedure (QAP) network analysis. Through QAP network analysis, we study the FDI-carbon emissions linkage considering the interactions among agents. The results show that the “high-income region to low-income region” mode is gradually becoming the driving force in the global carbon flow, producing lots of carbon emissions with a lower investment. The investments in this mode are dirtier. Second, financial institutions have become the key emitters of global carbon emissions through FDI. This investment model makes global carbon transfer indirect and concealed. Third, the significance of the impacts of the three forms of FDI on the carbon emissions of MNEs is positive, which confirms the pollution haven effect. The greatest contributor is the FDI stock, which comes from historical investments in high-income regions. Greenfield FDI is more influential than M&As in both high- and low-income regions. This paper is a valuable reference for understanding the environmental effects of FDI.

Suggested Citation

  • Ma, Ning & Sun, Wenli & Wang, Ze & Li, HuaJiao & Ma, Xintong & Sun, Haocheng, 2023. "The effects of different forms of FDI on the carbon emissions of multinational enterprises: A complex network approach," Energy Policy, Elsevier, vol. 181(C).
    • Handle: RePEc:eee:enepol:v:181:y:2023:i:c:s0301421523003166
    DOI: 10.1016/j.enpol.2023.113731
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421523003166
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2023.113731?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:181:y:2023:i:c:s0301421523003166. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.