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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 cross-border mergers and acquisitions is a significant contributor to decarbonisation throughout the analysed nations, confirming the halo hypothesis, with quantile results revealing diverse effects across national emission profiles. The results are robust to different model specifications of the independent variables and estimation methods. Based on the empirical findings, several policy implications are suggested for theory and practice on cleaner production and sustainability in the countries and multinational companies. This study recommends policy measures to regulate the inflow of polluting assets and incentives to contribute to decarbonisation solutions.
Minority alleges scandal at BOST over twin tower office project primenewsghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from primenewsghana.com Daily Mail and Mail on Sunday newspapers.
Minority exposes BOST for allegedly inflating US$39million twin tower office contract to $78million modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Minority demands independent probe into alleged $79m BOST office scandal modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
The Minority Caucus in Parliament has alleged a procurement scandal at the Bulk Oil and Transportation Company (BOST) to the tune of US$ 39 million. The caucus alleges that a contract sum for the construction of a single unit tower estimated at US$ 39 million had been inflated and approved…
Пандемия ковид 19 — Как вернуться к мирной жизни — Войны — Последние новости / НВ nv.ua - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nv.ua Daily Mail and Mail on Sunday newspapers.
Врач рассказала, почему привиться от коронавируса лучше до осени rg.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rg.ru Daily Mail and Mail on Sunday newspapers.
Faktencheck: Schadet Klimaschutz dem Wirtschaftswachstum? | Wissen & Umwelt | DW dw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dw.com Daily Mail and Mail on Sunday newspapers.