期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2016
卷号:7
期号:18
页码:151-157
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:This study examines the effect of trade openness on the relationship between foreign direct investment (FDI) and carbon dioxide emissions in ECOWAS Countries. It applies the bounds testing approach to cointegration to annual data covering the period 1970 to 2010. The empirical evidence supports the environmental Kuznets curve for four countries (Cote d’Ivoire, Gambia, Mali and Niger). In most cases, economic growth and population contribute to environmental degradation. More interestingly, the effect of FDI on CO2 emissions is contingent on trade openness. This effect is positive and increases with the degree of trade openness in Burkina Faso, Gambia and Nigeria, suggesting that trade and FDI are complementary in worsening environmental quality. The effect of FDI decreases with trade in Ghana, Mali and Togo while in the case of Benin, Niger, Senegal and Sierra Leone, FDI has no significant long-run effect on CO2 emissions. Keywords: Foreign Direct Investment, CO2 emissions, Trade openness, ECOWAS.
关键词:Foreign Direct Investment; CO 2 emissions; Trade openness; ECOWAS.