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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2009.1
- 수록면
- 43 - 58 (16page)
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This paper examines two most important benefits and costs of foreign direct investment in the Indian context - GDP growth and the environment degradation. We find a statistically significant long run positive, but marginal, impact of FDI inflow on GDP growth in India during 1980-2003. On the other hand, the long run growth impact of FDI inflow on CO2 emissions is quite large. The actual impact on the environment, however, may be larger because CO2 emission is one of the many pollutants generated by economic activities. But CO2 being a global air pollutant, our finding has some far reaching implications for the global environment as well, with India having emerged as the fourth highest in the global ranking of CO2 emissions by turn of this century.
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참고문헌 (24)
참고문헌 신청
Aitken, B / 1999 / Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela / American Economic Review 89 (3) : 605 ~ 618
Alfaro, L / 2004 / FDI and Economic Growth: The Role of Local Financial Markets / Journal of International Economics 64 (1) : 89 ~ 112
Balasubramanyam, V.N / 1996 / Foreign Direct Investment and Growth in EP and IS Countries / Economic Journal 106 (434) : 92 ~ 105
Beghin,J / 1996 / Computable General Equilibrium Model Analysis of Economy Wide Cross Effects of Social and Environmental Policies in Chile / Ecological Economics 5 (4) : 447
Bengoa, M / 2003 / Foreign Direct Investment, Economic Freedom and Growth: New Evidence from Latin America / European Journal of Political Economy 19 (3) : 529 ~ 545
Alfaro, L / 2004 / FDI and Economic Growth: The Role of Local Financial Markets / Journal of International Economics 64 (1) : 89 ~ 112
Balasubramanyam, V.N / 1996 / Foreign Direct Investment and Growth in EP and IS Countries / Economic Journal 106 (434) : 92 ~ 105
Beghin,J / 1996 / Computable General Equilibrium Model Analysis of Economy Wide Cross Effects of Social and Environmental Policies in Chile / Ecological Economics 5 (4) : 447
Bengoa, M / 2003 / Foreign Direct Investment, Economic Freedom and Growth: New Evidence from Latin America / European Journal of Political Economy 19 (3) : 529 ~ 545
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