The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UNESP |
Texto Completo: | http://dx.doi.org/10.3390/su14084490 http://hdl.handle.net/11449/240864 |
Resumo: | Many emerging economies seek to increase their Foreign Direct Investment (FDI) inflows to achieve some promised benefits, such as economic growth and advanced technologies. Nevertheless, FDI does not represent a random investment decision, and international literature demonstrates that foreign investors are mostly interested in fast-growing regions. Therefore, this study uses traditional panel data econometrics coupled with Data Envelopment Analysis (DEA) to investigate the environmental impact in regions with great potential to attract foreign investments (e.g., more advanced regions with growing infrastructure), therefore analyzing the environmental cost of attracting FDI. Additionally, this study employs regional data from the ‘Atlas of FDI in the State of São Paulo’ to investigate the environmental effects of FDI in the periphery, where attractiveness levels are low. The results indicate that regions with higher attractiveness levels prepare a pollutant development strategy and that FDI in less-developed regions is harmful to the environment. The results point to new perspectives on the FDI–environment debate and suggest that attracting FDI is environmentally costly. Also, FDI is heterogeneous, with its presence in peripheral areas being harmful to the environment. To conclude, we discuss these results and present an agenda for future research. |
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The Environmental Cost of Attracting FDI: An Empirical Investigation in BrazilBrazilCO2Data Envelopment Analysis (DEA)econometricsenvironmentForeign Direct Investment (FDI)Latin AmericaMany emerging economies seek to increase their Foreign Direct Investment (FDI) inflows to achieve some promised benefits, such as economic growth and advanced technologies. Nevertheless, FDI does not represent a random investment decision, and international literature demonstrates that foreign investors are mostly interested in fast-growing regions. Therefore, this study uses traditional panel data econometrics coupled with Data Envelopment Analysis (DEA) to investigate the environmental impact in regions with great potential to attract foreign investments (e.g., more advanced regions with growing infrastructure), therefore analyzing the environmental cost of attracting FDI. Additionally, this study employs regional data from the ‘Atlas of FDI in the State of São Paulo’ to investigate the environmental effects of FDI in the periphery, where attractiveness levels are low. The results indicate that regions with higher attractiveness levels prepare a pollutant development strategy and that FDI in less-developed regions is harmful to the environment. The results point to new perspectives on the FDI–environment debate and suggest that attracting FDI is environmentally costly. Also, FDI is heterogeneous, with its presence in peripheral areas being harmful to the environment. To conclude, we discuss these results and present an agenda for future research.Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)Department of Production Engineering (DEP) Federal University of São Carlos (UFSCar)Department of Production Engineering Escola de Engenharia de São Carlos (EESC) University of São Paulo (USP)Department of Production Engineering School of Engineering of Bauru São Paulo State University (UNESP), Campus BauruDepartment of Production Engineering School of Engineering of Bauru São Paulo State University (UNESP), Campus BauruFAPESP: 2019/-0FAPESP: 2020/-1Universidade Federal de São Carlos (UFSCar)Universidade de São Paulo (USP)Universidade Estadual Paulista (UNESP)Polloni-Silva, EduardoRoiz, Guilherme AugustoMariano, Enzo Barberio [UNESP]Moralles, Herick FernandoRebelatto, Daisy Aparecida Nascimento2023-03-01T20:36:16Z2023-03-01T20:36:16Z2022-04-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://dx.doi.org/10.3390/su14084490Sustainability (Switzerland), v. 14, n. 8, 2022.2071-1050http://hdl.handle.net/11449/24086410.3390/su140844902-s2.0-85128595933Scopusreponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPengSustainability (Switzerland)info:eu-repo/semantics/openAccess2024-06-28T13:18:22Zoai:repositorio.unesp.br:11449/240864Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462024-08-05T22:20:54.671396Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false |
dc.title.none.fl_str_mv |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil |
title |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil |
spellingShingle |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil Polloni-Silva, Eduardo Brazil CO2 Data Envelopment Analysis (DEA) econometrics environment Foreign Direct Investment (FDI) Latin America |
title_short |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil |
title_full |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil |
title_fullStr |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil |
title_full_unstemmed |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil |
title_sort |
The Environmental Cost of Attracting FDI: An Empirical Investigation in Brazil |
author |
Polloni-Silva, Eduardo |
author_facet |
Polloni-Silva, Eduardo Roiz, Guilherme Augusto Mariano, Enzo Barberio [UNESP] Moralles, Herick Fernando Rebelatto, Daisy Aparecida Nascimento |
author_role |
author |
author2 |
Roiz, Guilherme Augusto Mariano, Enzo Barberio [UNESP] Moralles, Herick Fernando Rebelatto, Daisy Aparecida Nascimento |
author2_role |
author author author author |
dc.contributor.none.fl_str_mv |
Universidade Federal de São Carlos (UFSCar) Universidade de São Paulo (USP) Universidade Estadual Paulista (UNESP) |
dc.contributor.author.fl_str_mv |
Polloni-Silva, Eduardo Roiz, Guilherme Augusto Mariano, Enzo Barberio [UNESP] Moralles, Herick Fernando Rebelatto, Daisy Aparecida Nascimento |
dc.subject.por.fl_str_mv |
Brazil CO2 Data Envelopment Analysis (DEA) econometrics environment Foreign Direct Investment (FDI) Latin America |
topic |
Brazil CO2 Data Envelopment Analysis (DEA) econometrics environment Foreign Direct Investment (FDI) Latin America |
description |
Many emerging economies seek to increase their Foreign Direct Investment (FDI) inflows to achieve some promised benefits, such as economic growth and advanced technologies. Nevertheless, FDI does not represent a random investment decision, and international literature demonstrates that foreign investors are mostly interested in fast-growing regions. Therefore, this study uses traditional panel data econometrics coupled with Data Envelopment Analysis (DEA) to investigate the environmental impact in regions with great potential to attract foreign investments (e.g., more advanced regions with growing infrastructure), therefore analyzing the environmental cost of attracting FDI. Additionally, this study employs regional data from the ‘Atlas of FDI in the State of São Paulo’ to investigate the environmental effects of FDI in the periphery, where attractiveness levels are low. The results indicate that regions with higher attractiveness levels prepare a pollutant development strategy and that FDI in less-developed regions is harmful to the environment. The results point to new perspectives on the FDI–environment debate and suggest that attracting FDI is environmentally costly. Also, FDI is heterogeneous, with its presence in peripheral areas being harmful to the environment. To conclude, we discuss these results and present an agenda for future research. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-04-01 2023-03-01T20:36:16Z 2023-03-01T20:36:16Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://dx.doi.org/10.3390/su14084490 Sustainability (Switzerland), v. 14, n. 8, 2022. 2071-1050 http://hdl.handle.net/11449/240864 10.3390/su14084490 2-s2.0-85128595933 |
url |
http://dx.doi.org/10.3390/su14084490 http://hdl.handle.net/11449/240864 |
identifier_str_mv |
Sustainability (Switzerland), v. 14, n. 8, 2022. 2071-1050 10.3390/su14084490 2-s2.0-85128595933 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Sustainability (Switzerland) |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.source.none.fl_str_mv |
Scopus reponame:Repositório Institucional da UNESP instname:Universidade Estadual Paulista (UNESP) instacron:UNESP |
instname_str |
Universidade Estadual Paulista (UNESP) |
instacron_str |
UNESP |
institution |
UNESP |
reponame_str |
Repositório Institucional da UNESP |
collection |
Repositório Institucional da UNESP |
repository.name.fl_str_mv |
Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP) |
repository.mail.fl_str_mv |
|
_version_ |
1808129418320674816 |