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"The contribution of cross-border capital flow towards decarbonisation" by Nnaemeka Vincent Emodi, Saphira Rekker et al.

This study examines the effects of greenfield foreign direct investment, mergers and acquisitions, and net foreign direct investment inflows, on carbon dioxide emissions in 68 countries from 1996 to 2018. The investigation adopts an augmented Stochastic Impacts by Regression on the Population, Affluence, and Technology (STIRPAT) framework and employs an instrumental variable approach and instrumental variable-quantile regression models for the sampled nations. Whilst several Foreign Direct Investment entry modes are shown to have varying effects, the results demonstrate that capital inflows via greenfield foreign direct investment and net foreign direct investment raise emissions in all nations, confirming the Pollution Haven Hypothesis. Also, the unrestricted inflows of capital via greenfield projects could increase environmental degradation overtime and the detrimental impact could spread to other sectors of the economy. Moreover, our study demonstrates that capital inflow through cr ....

Stochastic Impacts , Foreign Direct Investment , Pollution Haven , Greenfield Investment , Nstrumental Variables Approach , Merger And Acquisition ,

"Flickering lifelines: Electrification and household welfare in India" by Ashish Kumar Sedai, Rabindra Nepal et al.

Abstract
This study moves beyond counting electrified households as the policy consensus on electrification and examines the effect of reliability of electricity on household s welfare in India. We analyse two household surveys covering the period from 2005 to 2018, and examine the effect of additional hours of electricity using panel fixed effects instrumental variables regressions. We focus on the intensive margins of deficiency, i.e. how additional hours of electricity in a day affects household s consumption expenditure, income, amenities, assets, borrowing and the status of poverty among others. Results show significant effects of an additional hour of electricity overall, especially among the poor households in rural India. The findings are robust to alternative ways of measuring household income, the use of alternative datasets to measure the effects on reliable electrification, as well as other robustness checks. The study recommends progressive pricing with targeted s ....

State Electricity , Household Welfare , Nstrumental Variables Approach , Panel Fixed Effects , Reliable Electricity , நிலை மின்சாரம் ,