Foreign direct investment, energy consumption, carbon emissions and economic growth in Nigeria (1970-2014): an aggregate empirical analysis

Aremo, Adeleke Gabriel

doi:10.1504/ijge.2018.097868

Cited by 4 publications

(2 citation statements)

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“…So, it can be concluded that the foreign direct investment has a small but positive relationship with EF which is consistent with the pollution haven hypothesis (Abdo et al 2020;Fakher 2019;Liu and Kim 2018). Our finding implies that, when any country is not functional enough, the inflow of foreign direct investments might be devastating to them in terms of inadvertent air emissions, carbon emissions, and also the other factors of the environment (Aremo and Ojeyinka 2018;Huynh and Hoang 2019;Jorgenson 2010). Countries aiming at swelling FDI inflow levels need to reconsider the environmental regulations with caution.…”

Section: Panel Quantile Regression Analysissupporting

confidence: 83%

“…They frequently use the resources of nature; their manufacturing system is not suitable for the environment, or even they use their nonrenewable products unconsciously (Kissinger and Rees 2010;Wackernagel et al 2006). In this context, Aremo and Ojeyinka (2018) have cautioned from their forecast about the financial damages in the next decades from environmental degradation, which seems to be greater than the last two world wars.…”

Section: Introductionmentioning

confidence: 99%

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RETRACTED ARTICLE: Does foreign direct investments impair the ecological footprint? New evidence from the panel quantile regression

Chowdhury

Shanto

Ahmed

et al. 2020

Environ Sci Pollut Res

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This study examines the impact of foreign direct investments on ecological footprint along with other explanatory variables of 92 countries from the year 2001 to 2016. Here, we applied the panel quantile regression model to meet the purpose of our study as it considers unobserved country heterogeneity, unlike other statistical methods. The study reveals that foreign direct investment has a positive relationship with the ecological footprint in each quantile except one, which proves the constancy of the pollution haven hypothesis. Moreover, we also tried to detect the impact of economic growth, manufacturing value-added, the percentage of world exports, and institutional quality on the ecological footprint in this study. The findings of this study also reveal that economic growth and manufacturing value-added are negatively associated with the ecological footprint. With respect to the percentage of world exports and institutional quality, we found a positive relationship with the ecological footprint. From the result of our study, different policy implications have been proposed for host countries and foreign investors on improving the economy through foreign direct investment with minimal ecological footprint.

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