Title: THE IMPACT OF INVESTMENT STRUCTURE ON ENVIRONMENTAL PERFORMANCE INDEX (EPI) IN OIL COUNTRIES
Abstract:In this article , it is tried study the impact of Investment structure on environmental performance index (EPI). In this research, environmental performance indicators have been utilized as an indep...In this article , it is tried study the impact of Investment structure on environmental performance index (EPI). In this research, environmental performance indicators have been utilized as an independent variable unlike that of similar studies consied out based upon the destructive environmental emissions such as carbon dioxide as a factor of pollution growth to assess the environmental Kuznets curve.Using panel data and GLS, this research evaluates the impact of FDI on EPI in 17 oil producting countries, including Islamic Republic of Iran from 200 to 2012. Research findings indicate that foreign direct investment (FDI) has reverse meaningful relationship with environmental performance thus environmental Kuznets curve in oil countries is not confirmed. According to Pollution Haven Hypothesis such countries are prone to absorbing pollute industries. And a reverse and meaningful relationship was found between industry value added and environmental performance. Such a relationship indicates that industry structural change can cause reduction of environmental indicators as majority of FDI is concentrated in oil industries of these countries.Read More
Publication Year: 2016
Publication Date: 2016-03-20
Language: en
Type: article
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Cited By Count: 1
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