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Foreign Direct Investment and CO2, CH4, N2O, Greenhouse Gas Emissions: A Cross Country Study

Author

Listed:
  • Sujan Chandra Paul

    (Department of Accounting and Information Systems, University of Barishal, Bangladesh)

  • Md. Harun Or Rosid

    (Department of Accounting and Information Systems, University of Barishal, Bangladesh)

  • Md. Jamil Sharif

    (Department of Accounting and Information Systems, University of Dhaka, Bangladesh,)

  • Anjuman Ara Rajonee

    (Department of Soil and Environmental Sciences, University of Barishal, Bangladesh)

Abstract

To investigate the effects of foreign direct investment on CO2, CH4, N2O, and other greenhouse gas emission the study was conducted. The panel data from 200 countries were collected for the period of 1990 to 2018. Ordinary least square (OLS), pooled ordinary least square (POLS), Driscoll-Kraay (DK), Second stage least square (2SLS), generalized methods of moments (GMM) model has been performed. The findings showed that foreign direct investment has positive impact on CO2 in all the models. The study also showed that FDI had negative impact on CH4 emission and positive impact on N2O emissions in all models except GMM model. Finally, FDI had mixed impact on greenhouse gas emission but the results were statistically insignificant except OLS model.

Suggested Citation

  • Sujan Chandra Paul & Md. Harun Or Rosid & Md. Jamil Sharif & Anjuman Ara Rajonee, 2021. "Foreign Direct Investment and CO2, CH4, N2O, Greenhouse Gas Emissions: A Cross Country Study," International Journal of Economics and Financial Issues, Econjournals, vol. 11(4), pages 97-104.
    • Handle: RePEc:eco:journ1:2021-04-11
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    References listed on IDEAS

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    More about this item

    Keywords

    CO2; CH4; N2O; Greenhouse Gas emission; FDI;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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