Environmental Policy Stringency and Foreign Direct Investment:
This paper examines empirically whether countries with relatively more lax environmental regimes have a comparative advantage in their competition for foreign direct investment. It seeks to contribute to the literature in several important ways. First, we use a measure of environmental stringency wh...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2011
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Schriftenreihe: | OECD Environment Working Papers
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Schlagworte: | |
Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | This paper examines empirically whether countries with relatively more lax environmental regimes have a comparative advantage in their competition for foreign direct investment. It seeks to contribute to the literature in several important ways. First, we use a measure of environmental stringency which is based on managers' perceptions of the stringency in a given country and which gives us the opportunity to analyse a broad sample of both source and host countries. Second, an important strength of the technical analysis is the non-linear modeling of the impact of policy stringency on FDI. Third, we use a 'state-of-theart' FDI modelling strategy, which allows us to differentiate between different models of production fragmentation. Support is found for the effect of relative environmental policy stringency on foreign direct investment patterns. However, the effect is relatively small in comparison with other factors, including more general regulatory quality. Moreover, the relationship appears to be non-linear with the effects of increased relative environmental policy stringency in the host country decreasing after a certain threshold |
Beschreibung: | 1 Online-Ressource (31 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5kg8ghvf85d5-en |
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Datensatz im Suchindex
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spelling | Kalamova, Margarita Verfasser aut Environmental Policy Stringency and Foreign Direct Investment Margarita Kalamova and Nick Johnstone Paris OECD Publishing 2011 1 Online-Ressource (31 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Environment Working Papers This paper examines empirically whether countries with relatively more lax environmental regimes have a comparative advantage in their competition for foreign direct investment. It seeks to contribute to the literature in several important ways. First, we use a measure of environmental stringency which is based on managers' perceptions of the stringency in a given country and which gives us the opportunity to analyse a broad sample of both source and host countries. Second, an important strength of the technical analysis is the non-linear modeling of the impact of policy stringency on FDI. Third, we use a 'state-of-theart' FDI modelling strategy, which allows us to differentiate between different models of production fragmentation. Support is found for the effect of relative environmental policy stringency on foreign direct investment patterns. However, the effect is relatively small in comparison with other factors, including more general regulatory quality. Moreover, the relationship appears to be non-linear with the effects of increased relative environmental policy stringency in the host country decreasing after a certain threshold Environment Finance and Investment Johnstone, Nick ctb https://doi.org/10.1787/5kg8ghvf85d5-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Kalamova, Margarita Environmental Policy Stringency and Foreign Direct Investment Environment Finance and Investment |
title | Environmental Policy Stringency and Foreign Direct Investment |
title_auth | Environmental Policy Stringency and Foreign Direct Investment |
title_exact_search | Environmental Policy Stringency and Foreign Direct Investment |
title_exact_search_txtP | Environmental Policy Stringency and Foreign Direct Investment |
title_full | Environmental Policy Stringency and Foreign Direct Investment Margarita Kalamova and Nick Johnstone |
title_fullStr | Environmental Policy Stringency and Foreign Direct Investment Margarita Kalamova and Nick Johnstone |
title_full_unstemmed | Environmental Policy Stringency and Foreign Direct Investment Margarita Kalamova and Nick Johnstone |
title_short | Environmental Policy Stringency and Foreign Direct Investment |
title_sort | environmental policy stringency and foreign direct investment |
topic | Environment Finance and Investment |
topic_facet | Environment Finance and Investment |
url | https://doi.org/10.1787/5kg8ghvf85d5-en |
work_keys_str_mv | AT kalamovamargarita environmentalpolicystringencyandforeigndirectinvestment AT johnstonenick environmentalpolicystringencyandforeigndirectinvestment |