The Impact of FDI on Enviromental Degradation in Azerbaijan

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Impact of FDI on Enviromental Degradation in Azerbaijan

Popis výsledku v původním jazyce

World is struggling with the upcoming threats of CO2 emissions, that is why, in order to achieve global environmental sustainability in the greenhouse gas emissions, several countries in 1997 agreed on Kyoto protocol which imposes some obligations on developed nations in the reduction of greenhouse gas emissions. The growing trend of CO2 emissions is not only the case for developed nations, indeed, in the last decade emerging economies are capturing large scale of emissions and becoming much more hazardous for global warming. Especially, in developing economies foreign direct investments are dominant in polluting industries. Economic growth and FDI from this perspective, are causing CO2 emissions to augment, if governments and industries are willingness in the alleviation of pollution. Thus, in this paper we have studied the impacts of FDI and economic growth on the Environmental degradation, proxied by consumption based CO2 emissions for Azerbaijan country case. For this purpose, co-integration techniques were employed to the time series data over the period of 1996-2013. Cointegration test concluded that there is a long-run co-movement among the variables. Estimation results show that FDI and economic growth have positive and statistically significant impact on CO2 emissions in the long-run. The findings of the study can be used by policymakers in making adequate decisions in related environmental degradation-FDI-economic growth circumstances.

Název v anglickém jazyce

The Impact of FDI on Enviromental Degradation in Azerbaijan

Popis výsledku anglicky

World is struggling with the upcoming threats of CO2 emissions, that is why, in order to achieve global environmental sustainability in the greenhouse gas emissions, several countries in 1997 agreed on Kyoto protocol which imposes some obligations on developed nations in the reduction of greenhouse gas emissions. The growing trend of CO2 emissions is not only the case for developed nations, indeed, in the last decade emerging economies are capturing large scale of emissions and becoming much more hazardous for global warming. Especially, in developing economies foreign direct investments are dominant in polluting industries. Economic growth and FDI from this perspective, are causing CO2 emissions to augment, if governments and industries are willingness in the alleviation of pollution. Thus, in this paper we have studied the impacts of FDI and economic growth on the Environmental degradation, proxied by consumption based CO2 emissions for Azerbaijan country case. For this purpose, co-integration techniques were employed to the time series data over the period of 1996-2013. Cointegration test concluded that there is a long-run co-movement among the variables. Estimation results show that FDI and economic growth have positive and statistically significant impact on CO2 emissions in the long-run. The findings of the study can be used by policymakers in making adequate decisions in related environmental degradation-FDI-economic growth circumstances.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50201 - Economic Theory

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Economic and Social Development

ISBN

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ISSN

1849-6903

e-ISSN

1849-7535

Počet stran výsledku

7

Strana od-do

1248-1254

Název nakladatele

Varazdin Development &amp; Entrepreneurship Agency

Místo vydání

Varazdin

Místo konání akce

Baku

Datum konání akce

14. 2. 2019

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000471844300155