Management and Economics Department, University of Beira Interior, 6201-001 Covilhã, Portugal.
Management and Economics Department NECE-UBI-Research Unit in Business Sciences, University of Beira Interior, Rua Marquês d'Ávila e Bolama, 6201-001 Covilhã, Portugal.
Int J Environ Res Public Health. 2021 Feb 18;18(4):1981. doi: 10.3390/ijerph18041981.
Can globalisation and foreign direct investment shape sustainable development? Foreign direct investment is one of the main drivers for the transfer of polluting industries. With this in mind, the main objective of this research is to identify the role played by foreign direct investment (flow and stock), globalisation ( and ), corruption and regulatory quality in environmental degradation and sustainable development. To accomplish this objective, and to link the relationships under analysis to the level of development, a comparison between a group of developing countries and a group of developed ones was performed. The results confirm the suitability of the division of the countries by revealing various effects. This analysis was conducted from 1996 to 2017 and by recurring to the Autoregressive Distributed Lag model. This study proves that foreign investors play a vital role in reaching sustainable development. Measures must be implemented to eliminate the distortions that cause a company based in a country with strict environmental regulations to relocate its production to one with lax environmental regulations. However, these measures need to be combined with complementary measures that encourage developing economies to agree to a possible slowdown in their economic growth if sufficiently compensated for this reduced growth.
全球化和外国直接投资能否塑造可持续发展？外国直接投资是污染产业转移的主要驱动力之一。有鉴于此，本研究的主要目的是确定外国直接投资（流量和存量）、全球化（和）、腐败和监管质量在环境恶化和可持续发展中的作用。为了实现这一目标，并将分析的关系与发展水平联系起来，对一组发展中国家和一组发达国家进行了比较。结果证实了按国家划分的合理性，揭示了各种影响。这项分析是在 1996 年至 2017 年期间进行的，并采用了自回归分布滞后模型。这项研究证明了外国投资者在实现可持续发展方面发挥了至关重要的作用。必须采取措施消除导致一家设在环境法规严格的国家的公司将其生产转移到环境法规宽松的国家的扭曲现象。然而，这些措施需要与补充措施相结合，鼓励发展中经济体同意在得到充分补偿的情况下，减缓经济增长，以换取这种增长放缓。
