Environmental Degradation and Economic Activites in OECD Countries

Tenish, Zuhra and Minović, Jelena and Jednak, Sandra and Parežanin, Miloš (2021) Environmental Degradation and Economic Activites in OECD Countries. Fresenius environmental bulletin, 30 (021A). pp. 2186-2192. ISSN 1018-4619

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The relationship between environmental degradation and economic growth has been widely discussed. The aim of this paper is to explore the relationship between environmental pollution and economic activities in the OECD countries for the period 1996-2018. We applied environmental Kuznets curve model extended with foreign direct investment (FDI) and trade openness using panel technique to test the existence of environmental Kuznets curve (EKC) and pollution haven hypothesis (PHH). Our results support the presence of a EKC and confirm the PHH in OECD countries. Furthermore, the findings reveal that trade openness increase of 1% will decrease carbon emission by 0.31%, while FDI increase of 1% will raise carbon dioxide emission by 0.013%.

Item Type: Article
Additional Information: COBISS.ID=30471689
Uncontrolled Keywords: environmental pollution, economic activities, FDI, Environmental Kuznets Curve, Pollution haven hypothesis
Research Department: Sustainable Development
Depositing User: Jelena Banovic
Date Deposited: 27 Jan 2021 14:05
Last Modified: 27 Jan 2021 14:05
URI: http://ebooks.ien.bg.ac.rs/id/eprint/1544

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