期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2014
卷号：5
期号：1
页码：138-147
语种：English
出版社：EconJournals
摘要：This research considers the relationship between energy consumption and foreign direct investment (FDI) for the period 1990-2011. As econometric strategy, we use unit root test and panel data. The empirical results illustrate that the income per capita and political globalization present a positive impact on energy consumption. The selected components of globalization (cultural, social and political) show that these variables promote Portuguese foreign direct investment. The econometric models also considered two control variables, trade openness and exchange rate. These proxies are positively correlated with FDI. The variables of income per capita and the squared income per capita validate the environmental Kuznets curve assumptions. Keywords: Energy Consumption; Foreign Direct Investment; Panel Data; Unit Root Tests JEL Classifications: C23; F10; Q30
