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Exporting the Greenhouse: Foreign Capital Penetration and CO? Emissions 1980–1996

Journal of World-Systems Research

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Title Exporting the Greenhouse: Foreign Capital Penetration and CO? Emissions 19801996
 
Creator Grimes, Peter
Kentor, Jeffrey
 
Description This research examines the impact of foreign investment dependence on carbon dioxide emissions between 1980 and 1996. In a cross-national panel regression analysis of 66 less developed countries, we find that foreign capital penetration in 1980 has a significant positive effect on the growth of C0 2 emissions between 1980 and 1996. Domestic investment, however, has no systematic effect. We suggest several reasons for these findings. Foreign investment is more concentrated in those industries that require more energy. Second, transnational corporations may relocate highly polluting industries to countries with fewer environmental controls. Third, the movement of inputs and outputs resulting from the global dispersion of production over the past 30 years is likely to be more energy-expensive in countries with poorer infrastructure. Finally, power generation in the countries receiving foreign investment is considerably less efficient than within the countries of the core.
 
Publisher University Library System, University of Pittsburgh
 
Date 2003-08-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier http://jwsr.pitt.edu/ojs/index.php/jwsr/article/view/244
10.5195/jwsr.2003.244
 
Source Journal of World-Systems Research; Volume 9, Issue 2, 2003; 261-275
1076-156X
 
Language eng
 
Relation http://jwsr.pitt.edu/ojs/index.php/jwsr/article/view/244/256
 
Rights Copyright (c) 2015 Peter Grimes, Jeffrey Kentor
http://creativecommons.org/licenses/by/4.0