| dc.contributor | 財政系 | |
| dc.creator (作者) | 黃智聰 | |
| dc.creator (作者) | Huang, Jr-Tsung;Hsu, He-Shun | |
| dc.date (日期) | 2022-07 | |
| dc.date.accessioned | 2024-01-29 | - |
| dc.date.available | 2024-01-29 | - |
| dc.date.issued (上傳時間) | 2024-01-29 | - |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/149377 | - |
| dc.description.abstract (摘要) | The purpose of this study is to examine the role of air pollution in foreign direct investment (FDI) outflows. Using PM2.5 concentration as an index of air pollution and a panel data of 102 economies from 2011 to 2020, several specifications of a dynamic panel spatial autoregressive model justified by several diagnostic tests and that considers the potential endogeneity problem have been estimated. The primary finding is that air pollution has a positive impact on a country’s FDI outflows. It is also found that air pollution is a more important and robust factor affecting outward investment than the effective corporate tax rate, political risk and the level of economic development. Moreover, outward FDI exhibits a positive spatial dependence among countries and regions and has a positive dynamic process. All these conclusions are consistent with our expectations and are robust for different model specifications. | |
| dc.format.extent | 105 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | The Singapore Economic Review | |
| dc.subject (關鍵詞) | Air pollution; foreign direct investment; panel dynamic spatial autoregressive model; PM2.5 concentration | |
| dc.title (題名) | Air Pollution and Outward Foreign Direct Investment—A Cross-Country Empirical Study | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1142/S0217590822500382 | |
| dc.doi.uri (DOI) | https://doi.org/10.1142/S0217590822500382 | |
