Department of Business Administration, College of Business and Economics, Qassim University, P.O.Box: 6640, Buraidah, 51452, Qassim, Saudi Arabia; Department of Economics, Faculty of Economics and Management of Nabeul, University of Carthage, Tunisia.
Department of Business Administration, College of Business and Economics, Qassim University, P.O.Box: 6640, Buraidah, 51452, Qassim, Saudi Arabia; Department of Economics, Faculty of Economics and Management of Sousse, University of Sousse, Tunisia.
Environ Res. 2020 Jun;185:109469. doi: 10.1016/j.envres.2020.109469. Epub 2020 Apr 5.
This article examines how good governance and technological innovation complement foreign direct investment (FDI) to mitigate carbon emissions in twenty-three emerging economies for the period 1996-2014. Based on the Generalized Method of Moments (GMM) approach, we established the following results: First, from the non-interactive regressions, FDI inflows have positive effects on the four indicators of carbon emissions while increasing governance quality and technological innovation have negative effects on these indicators. Second, from the interactive regressions, the interactions between FDI and both political and institutional governance decrease the level of CO emissions. Moreover, the interactions between technological innovation and FDI reduce CO emissions in all the estimated models, except in the model pertaining to CO emissions from electricity and heat production; as a result, environmental quality is improved. Policy implications and future research directions are also discussed.
本文考察了良好的治理和技术创新如何与外国直接投资（FDI）相互补充，以减轻 23 个新兴经济体在 1996-2014 年期间的碳排放。基于广义矩方法（GMM），我们得出以下结果：首先，从非交互回归来看，FDI 流入对四个碳排放指标都有正向影响，而提高治理质量和技术创新则对这些指标有负向影响。其次，从交互回归来看，FDI 与政治和制度治理的相互作用降低了 CO 排放量。此外，在所有估计模型中，技术创新与 FDI 的相互作用都降低了 CO 排放量，除了在与电力和热力生产相关的 CO 排放量模型中；因此，环境质量得到了改善。本文还讨论了政策含义和未来的研究方向。
