Linking international trade and foreign direct investment to CO2 emissions: Any differences between developed and developing countries?
Linking international trade and foreign direct investment to CO2 emissions: Any differences between developed and developing countries?
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DOI：
10.1016/j.scitotenv.2019.136437
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发表时间：
2020-04-10
影响因子：
9.8
通讯作者：
Kakinaka, Makoto
中科院分区：
文献类型：
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作者：
Essandoh, Obed Kwame;Islam, Moinul;Kakinaka, Makoto
国际贸易与外国直接投资(FDI)一起促进了与复杂的全球供应链的经济一体化，这现在被认为是决定二氧化碳排放的关键因素。各国之间的生产重新分配往往与外国直接投资有关，这促进了排放具体产品的跨境贸易。本文运用面板混合平均分组自回归分布滞后(PMG-ARDL)模型，考察了从1991年到2014年52个国家的短期动态变化，探讨了二氧化碳排放、国际贸易和FDI流入之间的长期相关性。这项研究着眼于发达国家和发展中国家之间可能存在的差异，发现二氧化碳排放与仅针对发达国家的贸易呈负长期关系，而与仅针对发展中国家的外国直接投资流入呈正向长期关系。最近贸易和外国直接投资增加的趋势将促进高排放密集型生产单位从发达国家向发展中国家转移，导致发达国家以牺牲发展中国家为代价实现减排。(C)2020爱思唯尔B.V.保留所有权利。
International trade, together with foreign direct investment (FDI), promotes economic integration with complex global supply value chains, which is now recognized as a crucial factor in determining CO2 emissions. Production reallocation across countries, often associated with FDI, promotes cross-border trade of emission-embodied products. By applying panel pooled mean group-autoregressive distributive lag (PMG-ARDL) models, this study discusses the long-run relevance among CO2 emissions, international trade, and FDI inflows with the consideration of the short-run dynamics over 52 countries during the period from 1991 to 2014. Focusing on possible differences between developed and the developing countries, this study reveals that CO2 emissions have a negative long-run relationship with trade exclusively for developed countries, while they have a positive long-run relationship with FDI inflows solely for developing countries. The recent trend of increased trade and FDI would promote the transfer of high emission-intensive production units from developed countries to developing countries, causing developed countries to achieve emission reduction at the expense of developing countries. (C) 2020 Elsevier B.V. All rights reserved.