Liberalization and greenhouse gases emissions in the EU-10

Purpose - The purpose of this paper is to analyze the relationship between liberalization and greenhouse gases (GHGs) emissions in Central and Eastern European countries (CEECs). After their memberships, most of the CEECs have already committed to reducing their GHGs emissions. Although emissions ha...

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Bibliographic Details
Published inWorld journal of science, technology and sustainable development Vol. 10; no. 4; p. 288
Main Authors Gonel, Feride, Aksoy, Tolga, Vardar, Baris Nevzat
Format Journal Article
LanguageEnglish
Published Brighton World Association for Sustainable Development 04.10.2013
Subjects
Developing countries
Emissions
Environmental regulations
EU membership
Foreign investment
GDP
Greenhouse gases
Gross Domestic Product
Human capital
Joint ventures
LDCs
Liberalization
Pollution
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Summary:Purpose - The purpose of this paper is to analyze the relationship between liberalization and greenhouse gases (GHGs) emissions in Central and Eastern European countries (CEECs). After their memberships, most of the CEECs have already committed to reducing their GHGs emissions. Although emissions have decreased on average, there is a substantial heterogeneity among the countries. Within the liberalization and integration efforts, increasingly huge amount of foreign direct investment (FDI) has flown to the region. Therefore, the question is whether or not this increase in foreign investment to CEECs is related to the polluting industries. The coincidence of increased FDI and GHGs emission has led us to study the relationship between them. Design/methodology/approach - The paper exploited cross-sectional and time series variation of the data. Findings - The paper found that the polluting FDI is positively associated with GHGs emissions in CEECs. Originality/value - Few previous studies have taken into account FDI and environmental performance together, so the analysis represents a notable contribution to the pollution haven literature.
ISSN:2042-5945
2042-5953
DOI:10.1108/WJSTSD-08-2013-0027