FDI and the capital intensity of "dirty" sectors: A missing piece of the pollution haven puzzle

FDI and the capital intensity of "dirty" sectors: A missing piece of the pollution haven puzzle
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DOI:
10.1111/j.1467-9361.2005.00292.x
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发表时间:
2005-11-01
影响因子:
1.6
通讯作者:
Elliott, RJR
Elliott, RJR
中科院分区:
经济学4区
文献类型:
--
作者:
Cole, MA;Elliott, RJR

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在一个日益一体化的世界中,不断下降的贸易壁垒意味着环境法规在塑造一国比较优势方面发挥的作用比以往任何时候都要大。IBIS引发了人们的担忧,即“肮脏”行业将转移到环境法规可能不那么严格的发展中地区。人们提出了许多理由来解释为什么尽管有传闻证据和理论研究的预测,但几乎没有找到关于污染避难所存在的经验验证。然而,很少有人关注污染密集型行业的资本密集度。我们研究了美国对两个发展中国家跨部门对外直接投资和要素禀赋之间的关系。我们强调了资本的作用,并认为这在一定程度上解释了为什么污染避风港没有更广泛地分布。我们的方法还突出了那些最有可能成为污染天堂的国家。多变量分析揭示了污染避风港一致行为的一些证据。
In an increasingly integrated world, falling trade barriers mean that the role environmental regulations play in shaping a country's comparative advantage is greater than ever. Ibis has lead to fears that '' dirty '' industries will relocate to developing regions where environmental regulations may be less stringent. A number of reasons have been offered to explain why, despite anecdotal evidence and the predictions of theoretical studies, little empirical verification for the existence of pollution havens has been found. Little attention, however, has been paid to the capital intensity of pollution intensive sectors. We investigate the relationship between US outward FDI and factor endowments across sectors to two developing countries. We highlight the role of capital and believe it partially explains why pollution havens are not more widespread. Our approach also highlights those countries that are likeliest to become pollution havens. A multivariate analysis reveals some evidence of pollution haven consistent behavior.