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Is Foreign Direct Investment a Cause of Environmental Degradation in Pakistan? An ARDL Approach to Cointegration

The Journal of Management and Research

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Field Value
 
Title Is Foreign Direct Investment a Cause of Environmental Degradation in Pakistan? An ARDL Approach to Cointegration
 
Creator Hamid, Kamran
 
Description This study has investigated the empirical relationship between FDI and environmental degradation in Pakistan and 43 years of data is used in the study started from 1972 to 2014. Empirical tests show that there exist mix-cointegrating series, so ARDL bounds testing is applied to check the short-long run cointegration among the variables. Results concluded that FDI causes CO2 emissions in long and short-run both. To check the direction of causality between variables, an ARDL Granger test is applied. It proved that FDI and CO2 emissions have bidirectional causality and causing each other from both ways.
 
Publisher University of Management and Technology
 
Date 2019-11-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://ojs.umt.edu.pk/index.php/jmr/article/view/201
10.29145/jmr/32/0302003
 
Source Journal of Management and Research; Vol 3 No 2 (2016): Volume 3, issue 2, 2016; 1-17
2519-7924
2218-2705
 
Language eng
 
Relation https://ojs.umt.edu.pk/index.php/jmr/article/view/201/86
 
Rights Copyright (c) 2019 Editorial Assistant; Kamran Hamid
http://creativecommons.org/licenses/by/4.0