Multinazionalità ed impatto ambientale:un'analisi sul caso italiano
AbstractDo foreign controlled firms exhibit a different environmental performance from domestically controlled ones for “developed countries”? The aim of this paper is to examine whether foreign firms are ‘cleaner’ than their domestic counterparts, i.e. the Pollution Halo Hypothesis generally analysed in developing countries. Using panels of firm-level data over the time period 2002-2006, this study explores the differences in environmental performance - measured by air and water pollution emissions - of Italian dirty-firms with different types of ownership - Foreign multinational enterprises (FMNEs), National multinational enterprises (NMNEs) and Domestic enterprises (DOMESTICs). Econometric results imply that foreign ownership does not influence air and water pollution emissions, suggesting the lack of evidence of “pollution halo hypothesis” in developed countries.
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Bibliographic InfoPaper provided by Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia in its series Quaderni DSEMS with number 05-2011.
Length: 29 pages
Date of creation: Jun 2011
Date of revision:
environmental performance; foreign ownership; foreign direct investment; pollution halo hypothesis;
Find related papers by JEL classification:
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
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