The impact of FDI on regional air pollution in the Republic of Korea: A way ahead to achieve the green growth strategy?
Author
Abstract
Suggested Citation
DOI: 10.1016/j.eneco.2019.04.004
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Hille, Erik & Shahbaz, Muhammad & Moosa, Imad, 2017. "The Impact of FDI on Regional Air Pollution in the Republic of Korea: A Way Ahead to Achieve the Green Growth Strategy?," Working Paper Series in Economics and Institutions of Innovation 460, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies, revised 07 May 2018.
References listed on IDEAS
- Neequaye, Nii Amon & Oladi, Reza, 2015. "Environment, growth, and FDI revisited," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 47-56.
- Eda Özdiler Küçük, 2017. "Adapting Legal Culture: Legislation and Interpretation in Tax Law," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 3, ejes_v3_i.
- Chunlai Chen, 2011. "Foreign Direct Investment in China," Books, Edward Elgar Publishing, number 14100.
- Sung, Bongsuk & Song, Woo-Yong & Park, Sang-Do, 2018. "How foreign direct investment affects CO2 emission levels in the Chinese manufacturing industry: Evidence from panel data," Economic Systems, Elsevier, vol. 42(2), pages 320-331.
- Jie HE, 2008. "Foreign Direct Investment And Air Pollution In China: Evidence From Chinese Cities," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 28, pages 131-150.
- Marcus Noland, 2007.
"South Korea's Experience with International Capital Flows,"
NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 481-528,
National Bureau of Economic Research, Inc.
- Marcus Noland, 2005. "South Korea's Experience with International Capital Flows," Working Paper Series WP05-4, Peterson Institute for International Economics.
- Marcus Noland, 2005. "South Korea's Experience with International Capital Flows," NBER Working Papers 11381, National Bureau of Economic Research, Inc.
- Meng Yan & Zhen An, 2017. "Foreign Direct Investment and Environmental Pollution: New Evidence from China," Econometrics Letters, Bilimsel Mektuplar Organizasyonu (Scientific letters), vol. 4(1), pages 1-17.
- Sebastian Edwards, 2007. "Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences," NBER Books, National Bureau of Economic Research, Inc, number edwa06-1.
- Wilhelm Althammer & Erik Hille, 2016. "Measuring climate policy stringency: a shadow price approach," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 23(4), pages 607-639, August.
- Sylwia Bialek & Alfons J. Weichenrieder, 2021.
"Do Stringent Environmental Policies Deter FDI? M&A versus Greenfield,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(3), pages 603-636, November.
- Bialek, Sylwia & Weichenrieder, Alfons J., 2015. "Do stringent environmental policies deter FDI? M&A versus Greenfi eld," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113179, Verein für Socialpolitik / German Economic Association.
- Sylwia Bialek & Alfons J. Weichenrieder & Alfons Weichenrieder, 2015. "Do Stringent Environmental Policies Deter FDI? M&A versus Greenfield," CESifo Working Paper Series 5262, CESifo.
- J. Derbyshire & B. Gardiner & S. Waights, 2013.
"Estimating the capital stock for the NUTS2 regions of the EU27,"
Applied Economics, Taylor & Francis Journals, vol. 45(9), pages 1133-1149, March.
- Ben Gardiner & Sevrin Waights & James Derbyshire, 2011. "Estimating the capital stock for the NUTS2 regions of the EU27," Post-Print hal-00762810, HAL.
- Zeng, Ka & Eastin, Joshua, 2012. "Do Developing Countries Invest Up? The Environmental Effects of Foreign Direct Investment from Less-Developed Countries," World Development, Elsevier, vol. 40(11), pages 2221-2233.
- He, Jie, 2006.
"Pollution haven hypothesis and environmental impacts of foreign direct investment: The case of industrial emission of sulfur dioxide (SO2) in Chinese provinces,"
Ecological Economics, Elsevier, vol. 60(1), pages 228-245, November.
- Jie HE, 2005. "Pollution haven hypothesis and Environmental impacts of foreign direct investment: The Case of Industrial Emission of Sulfur Dioxide (SO2) in Chinese provinces," Working Papers 200506, CERDI.
- Jie He, 2011. "Pollution haven hypothesis and Environmental impacts of foreign direct investment: The Case of Industrial Emission of Sulfur Dioxide (SO2) in Chinese provinces," CERDI Working papers halshs-00564699, HAL.
- Jie He, 2011. "Pollution haven hypothesis and Environmental impacts of foreign direct investment: The Case of Industrial Emission of Sulfur Dioxide (SO2) in Chinese provinces," Working Papers halshs-00564699, HAL.
- Natalia Zugravu-Soilita, 2017. "How does Foreign Direct Investment Affect Pollution? Toward a Better Understanding of the Direct and Conditional Effects," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 66(2), pages 293-338, February.
- Omri, Anis & Nguyen, Duc Khuong & Rault, Christophe, 2014.
"Causal interactions between CO2 emissions, FDI, and economic growth: Evidence from dynamic simultaneous-equation models,"
Economic Modelling, Elsevier, vol. 42(C), pages 382-389.
- Omri, Anis & Nguyen, Duc Khuong & Rault, Christophe, 2014. "Causal interactions between CO2 emissions, FDI, and economic growth: Evidence from dynamic simultaneous-equation models," MPRA Paper 82504, University Library of Munich, Germany, revised 01 Jul 2014.
- Pasquale Pazienza, 2014. "The Relationship Between FDI and the Natural Environment," SpringerBriefs in Economics, Springer, edition 127, number 978-3-319-04301-2, October.
- Hua Wang & Yanhong Jin, 2007.
"Industrial Ownership and Environmental Performance: Evidence from China,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 36(3), pages 255-273, March.
- Hua Wang & Yanhong Jin, 2002. "Industrial ownership and environmental performance : evidence from China," Policy Research Working Paper Series 2936, The World Bank.
- Brian R. Copeland & M. Scott Taylor, 2004.
"Trade, Growth, and the Environment,"
Journal of Economic Literature, American Economic Association, vol. 42(1), pages 7-71, March.
- Copeland,B.R. & Scott Taylor,M., 2003. "Trade, growth and the environment," Working papers 10, Wisconsin Madison - Social Systems.
- Brian R. Copeland & M. Scott Taylor, 2003. "Trade, Growth and the Environment," NBER Working Papers 9823, National Bureau of Economic Research, Inc.
- Hübler, Michael, 2011. "Technology diffusion under contraction and convergence: A CGE analysis of China," Energy Economics, Elsevier, vol. 33(1), pages 131-142, January.
- World Bank, 2016. "World Development Indicators 2016," World Bank Publications - Books, The World Bank Group, number 23969.
- Aden, Jean & Kyu-hong, Ahn & Rock, Michael T., 1999. "What is Driving the Pollution Abatement Expenditure Behavior of Manufacturing Plants in Korea?," World Development, Elsevier, vol. 27(7), pages 1203-1214, July.
- Françoise Nicolas & Stephen Thomsen & Mi-Hyun Bang, 2013. "Lessons from Investment Policy Reform in Korea," OECD Working Papers on International Investment 2013/2, OECD Publishing.
- Pasquale Pazienza, 2015. "The Environmental Impact of the FDI Inflow in the Transport Sector of OECD Countries and Policy Implications," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 21(1), pages 105-116, March.
- Barro, Robert J. & Lee, Jong Wha, 2013.
"A new data set of educational attainment in the world, 1950–2010,"
Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
- Robert J. Barro & Jong-Wha Lee, 2010. "A New Data Set of Educational Attainment in the World, 1950-2010," NBER Working Papers 15902, National Bureau of Economic Research, Inc.
- Cole, Matthew A. & Elliott, Robert J. R., 2003. "Determining the trade-environment composition effect: the role of capital, labor and environmental regulations," Journal of Environmental Economics and Management, Elsevier, vol. 46(3), pages 363-383, November.
- Erik Hille, 2018.
"Pollution havens: international empirical evidence using a shadow price measure of climate policy stringency,"
Empirical Economics, Springer, vol. 54(3), pages 1137-1171, May.
- Hille, Erik, 2014. "Pollution havens: International empirical evidence using a shadow price measure of climate policy stringency," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100551, Verein für Socialpolitik / German Economic Association.
- Managi, Shunsuke & Hibiki, Akira & Tsurumi, Tetsuya, 2009.
"Does trade openness improve environmental quality?,"
Journal of Environmental Economics and Management, Elsevier, vol. 58(3), pages 346-363, November.
- MANAGI Shunsuke & HIBIKI Akira & TSURUMI Tetsuya, 2008. "Does Trade Liberalization Reduce Pollution Emissions?," Discussion papers 08013, Research Institute of Economy, Trade and Industry (RIETI).
- Francesco Caselli, 1999. "Technological Revolutions," American Economic Review, American Economic Association, vol. 89(1), pages 78-102, March.
- Ren, Shenggang & Yuan, Baolong & Ma, Xie & Chen, Xiaohong, 2014. "International trade, FDI (foreign direct investment) and embodied CO2 emissions: A case study of Chinas industrial sectors," China Economic Review, Elsevier, vol. 28(C), pages 123-134.
- Werner Antweiler & Brian R. Copeland & M. Scott Taylor, 2001.
"Is Free Trade Good for the Environment?,"
American Economic Review, American Economic Association, vol. 91(4), pages 877-908, September.
- Werner Antweiler & Brian R. Copeland & M. Scott Taylor, 1998. "Is Free Trade Good for the Environment?," NBER Working Papers 6707, National Bureau of Economic Research, Inc.
- Facundo Albornoz & Matthew A. Cole & Robert J. R. Elliott & Marco G. Ercolani, 2009.
"In Search of Environmental Spillovers,"
The World Economy, Wiley Blackwell, vol. 32(1), pages 136-163, January.
- Facundo Albornoz & Matthew A Cole & Robert J R Elliott & Marco G Ercolani, 2008. "In Search of Environmental Spillovers," Discussion Papers 08-03, Department of Economics, University of Birmingham.
- Marco Leonardi, 2007.
"Firm heterogeneity in capital-labour ratios and wage inequality,"
Economic Journal, Royal Economic Society, vol. 117(518), pages 375-398, March.
- Leonardi, Marco, 2003. "Firms' Heterogeneity in Capital/Labor Ratios and Wage Inequality," Royal Economic Society Annual Conference 2003 136, Royal Economic Society.
- Leonardi, Marco, 2005. "Firm Heterogeneity in Capital labor Ratios and Wage Inequality," Institute for Research on Labor and Employment, Working Paper Series qt1g9514wh, Institute of Industrial Relations, UC Berkeley.
- Leonardi, Marco, 2003. "Firm Heterogeneity in Capital/Labor Ratios and Wage Inequality," IZA Discussion Papers 909, Institute of Labor Economics (IZA).
- Bao, Qun & Chen, Yuanyuan & Song, Ligang, 2011. "Foreign direct investment and environmental pollution in China: a simultaneous equations estimation," Environment and Development Economics, Cambridge University Press, vol. 16(1), pages 71-92, February.
- Shahbaz, Muhammad & Nasreen, Samia & Abbas, Faisal & Anis, Omri, 2015. "Does foreign direct investment impede environmental quality in high-, middle-, and low-income countries?," Energy Economics, Elsevier, vol. 51(C), pages 275-287.
- Hille, Erik & Shahbaz, Muhammad, 2019. "Sources of emission reductions: Market and policy-stringency effects," Energy Economics, Elsevier, vol. 78(C), pages 29-43.
- repec:ipg:wpaper:2014-542 is not listed on IDEAS
- Doytch, Nadia & Uctum, Merih, 2016.
"Globalization and the environmental impact of sectoral FDI,"
Economic Systems, Elsevier, vol. 40(4), pages 582-594.
- Nadia Doytch & Merih Uctum, 2016. "Globalization and the Environmental Impact of Sectoral FDI," Working Papers 12, City University of New York Graduate Center, Ph.D. Program in Economics.
- Yang, Boqiong & Brosig, Stephan & Chen, Jianguo, 2013.
"Environmental Impact of Foreign vs. Domestic Capital Investment in China,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 64(1), pages 245-271.
- Boqiong Yang & Stephan Brosig & Jianguo Chen, 2013. "Environmental Impact of Foreign vs. Domestic Capital Investment in China," Journal of Agricultural Economics, Wiley Blackwell, vol. 64(1), pages 245-271, February.
- Randall S. Jones & Byungseo Yoo, 2011. "Korea's Green Growth Strategy: Mitigating Climate Change and Developing New Growth Engines," OECD Economics Department Working Papers 798, OECD Publishing.
- Lau, Lin-Sea & Choong, Chee-Keong & Eng, Yoke-Kee, 2014. "Investigation of the environmental Kuznets curve for carbon emissions in Malaysia: Do foreign direct investment and trade matter?," Energy Policy, Elsevier, vol. 68(C), pages 490-497.
- David Deok-Ki Kim & Jung-Soo Seo, 2003. "Does FDI inflow crowd out domestic investment in Korea?," Journal of Economic Studies, Emerald Group Publishing, vol. 30(6), pages 605-622, October.
- Chung, Sunghoon, 2014. "Environmental regulation and foreign direct investment: Evidence from South Korea," Journal of Development Economics, Elsevier, vol. 108(C), pages 222-236.
- Peter C.Y. Chow, 2012. "Trade and Industrial Development in East Asia," Books, Edward Elgar Publishing, number 14167.
- repec:rre:publsh:v:33:y:2003:i:3:p:313-27 is not listed on IDEAS
- Sebastian Edwards, 2007. "Introduction to "Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences"," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 1-18, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hille, Erik, 2016. "The impact of foreign direct investments on regional air pollution in the Republic of Korea: A way ahead to achieve the green growth strategy?," VfS Annual Conference 2016 (Augsburg): Demographic Change 145517, Verein für Socialpolitik / German Economic Association.
- Imad Moosa, 2019. "The Environmental Effects of FDI: Evidence from MENA Countries," Working Papers 1321, Economic Research Forum, revised 21 Aug 2019.
- Pasquale Pazienza & Caterina Lucia, 2020. "How does FDI in the “agricultural and fishing” sector affect methane emission? Evidence from the OECD countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 37(2), pages 441-462, July.
- Demena, Binyam Afewerk & Afesorgbor, Sylvanus Kwaku, 2020.
"The effect of FDI on environmental emissions: Evidence from a meta-analysis,"
Energy Policy, Elsevier, vol. 138(C).
- Demena, B.A. & Afesorgbor, S.K., 2019. "The effect of FDI on environmental emissions : Evidence from a meta-analysis," ISS Working Papers - General Series 650, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
- Solarin, Sakiru Adebola & Al-Mulali, Usama & Musah, Ibrahim & Ozturk, Ilhan, 2017. "Investigating the pollution haven hypothesis in Ghana: An empirical investigation," Energy, Elsevier, vol. 124(C), pages 706-719.
- Wen Jun & Muhammad Zakaria & Syed Jawad Hussain Shahzad & Hamid Mahmood, 2018. "Effect of FDI on Pollution in China: New Insights Based on Wavelet Approach," Sustainability, MDPI, vol. 10(11), pages 1-20, October.
- Erik Hille & Bernhard Lambernd & Aviral K. Tiwari, 2021. "Any Signs of Green Growth? A Spatial Panel Analysis of Regional Air Pollution in South Korea," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(4), pages 719-760, December.
- Pasquale Pazienza, 2015. "The Environmental Impact of the FDI Inflow in the Transport Sector of OECD Countries and Policy Implications," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 21(1), pages 105-116, March.
- Shahbaz, Muhammad & Balsalobre-Lorente, Daniel & Sinha, Avik, 2019. "Foreign Direct Investment–CO2 Emissions Nexus in Middle East and North African countries: Importance of Biomass Energy Consumption," MPRA Paper 91729, University Library of Munich, Germany, revised 19 Jan 2019.
- Erik Hille, 2018.
"Pollution havens: international empirical evidence using a shadow price measure of climate policy stringency,"
Empirical Economics, Springer, vol. 54(3), pages 1137-1171, May.
- Hille, Erik, 2014. "Pollution havens: International empirical evidence using a shadow price measure of climate policy stringency," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100551, Verein für Socialpolitik / German Economic Association.
- Hille, Erik & Shahbaz, Muhammad, 2019. "Sources of emission reductions: Market and policy-stringency effects," Energy Economics, Elsevier, vol. 78(C), pages 29-43.
- Natalia Zugravu-Soilita, 2019.
"Trade in Environmental Goods and Air Pollution: A Mediation Analysis to Estimate Total, Direct and Indirect Effects,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 1125-1162, November.
- Natalia Zugravu, 2019. "Trade in Environmental Goods and Air Pollution: A Mediation Analysis to Estimate Total, Direct and Indirect Effects," Post-Print hal-02509000, HAL.
- Liu, Liyun & Zhao, Zhenzhi & Su, Bin & Ng, Tsan Sheng & Zhang, Mingming & Qi, Lin, 2021. "Structural breakpoints in the relationship between outward foreign direct investment and green innovation: An empirical study in China," Energy Economics, Elsevier, vol. 103(C).
- Erik Hille & Bernhard Lambernd, 2022. "Has Korean growth become greener? Spatial econometric evidence for energy use and renewable energy," Annals of Operations Research, Springer, vol. 313(1), pages 461-494, June.
- Rongping Chang & Bei Wang & Yan Zhang & Lingxue Zhao, 2022. "Foreign Direct Investment and Air Pollution: Re-Estimating the “Pollution Haven Hypothesis” in China," Sustainability, MDPI, vol. 14(21), pages 1-20, October.
- Thomas Jobert & Fatih Karanfil & Anna Tykhonenko, 2012.
"Trade and Environment: Further Empirical Evidence from Heterogeneous Panels Using Aggregate Data,"
GREDEG Working Papers
2012-15, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Thomas Jobert & Fatih Karanfil & Anna Tykhonenko, 2015. "Trade and Environment: Further Empirical Evidence from Heterogeneous Panels Using Aggregate Data," GREDEG Working Papers 2015-31, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Thomas Jobert & Fatih Karanfil & Anna Tykhonenko, 2016. "Trade and environment: further empirical evidence from heterogeneous panels using aggregate data," Working Papers halshs-01295613, HAL.
- Shahbaz, Muhammad & Nasir, Muhammad Ali & Roubaud, David, 2018.
"Environmental degradation in France: The effects of FDI, financial development, and energy innovations,"
Energy Economics, Elsevier, vol. 74(C), pages 843-857.
- Shahbaz, Muhammad & Nasir, Muhammad Ali & Roubaud, David, 2018. "Environmental Degradation in France: The Effects of FDI, Financial Development, and Energy Innovations," MPRA Paper 88195, University Library of Munich, Germany, revised 16 Jul 2018.
- Marques, António Cardoso & Caetano, Rafaela, 2020. "The impact of foreign direct investment on emission reduction targets: Evidence from high- and middle-income countries," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 107-118.
- Natalia Zugravu-Soilita, 2018.
"The impact of trade in environmental goods on pollution: what are we learning from the transition economies’ experience?,"
Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(4), pages 785-827, October.
- Natalia Zugravu, 2018. "The impact of trade in environmental goods on pollution: what are we learning from the transition economies’ experience?," Post-Print hal-02509936, HAL.
- Yasmeen, Rizwana & Yao, Xing & Ul Haq Padda, Ihtsham & Shah, Wasi Ul Hassan & Jie, Wanchen, 2022. "Exploring the role of solar energy and foreign direct investment for clean environment: Evidence from top 10 solar energy consuming countries," Renewable Energy, Elsevier, vol. 185(C), pages 147-158.
More about this item
Keywords
Foreign direct investments; Air pollution; Green growth; Decomposition analysis; Republic of Korea;All these keywords.
JEL classification:
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
- 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
Statistics
Access and download statisticsCorrections
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:eneeco:v:81:y:2019:i:c:p:308-326. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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/eneco .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.