Semantic Scholar Open Access 2019 530 sitasi

Foreign direct Investment–CO2 emissions nexus in Middle East and North African countries: Importance of biomass energy consumption

M. Shahbaz D. Balsalobre-lorente Avik Sinha

Lihat Sumber DOI

Abstrak

Abstract This study examines the association between foreign direct investment (FDI) and carbon emissions for the Middle East and North African (MENA) region in 1990–2015, including biomass energy consumption as an additional determinant of carbon emissions. We apply the generalized method of moments (GMM) to validate the existence of the pollution haven hypothesis (PHH). The N-shaped association is also validated between FDI and carbon emissions. The link between economic growth and carbon emissions is inverted-U and N-shaped; that is, it satisfies the environmental Kuznets curve (EKC) hypotheses. Biomass energy use lowers carbon emissions, and the causality analysis reveals that FDI causes CO2 emissions. Clearly, the results confirm the existence of a feedback effect between economic growth and carbon emissions. The connection between biomass energy use and CO2 emissions is also bidirectional. The empirical findings suggest policy makers to design comprehensive trade and energy policies by targeting the cleaner production practices, for not only to ensure environmental sustainability, but also to fulfil the objectives of sustainable development goals.

Topik & Kata Kunci

Economics

Penulis (3)

M. Shahbaz

D. Balsalobre-lorente

Avik Sinha

Format Sitasi

APA MLA BibTeX

Shahbaz, M., Balsalobre-lorente, D., Sinha, A. (2019). Foreign direct Investment–CO2 emissions nexus in Middle East and North African countries: Importance of biomass energy consumption. https://doi.org/10.1016/J.JCLEPRO.2019.01.282

Akses Cepat

Lihat di Sumber doi.org/10.1016/J.JCLEPRO.2019.01.282

Informasi Jurnal

Tahun Terbit: 2019
Bahasa: en
Total Sitasi: 530×
Sumber Database: Semantic Scholar
DOI: 10.1016/J.JCLEPRO.2019.01.282
Akses: Open Access ✓