Journal
ENERGY POLICY
Volume 91, Issue -, Pages 22-27Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2015.12.045
Keywords
ASEAN; CO2; Dynamic panel; Environment; FDI
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The main focus of this paper is to estimate the effects of foreign direct investment (FDI) inflows, income and energy consumption on CO2 emissions using panel data of five ASEAN countries over 1981-2010. The results based on the pooled mean group (PMG) estimator of dynamic panels show that FDI tends to increase CO2 emissions, supporting evidence of the pollution haven hypothesis. We also find that income and energy consumption have a detrimental impact on reducing CO2 emissions. (C) 2016 Elsevier Ltd. All rights reserved.
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