Showing 1 - 10 of 10,353
This paper introduces an environmental policy variable, i.e. the provincial pollution levy paid by an average firm, and measure its impact on the foreign investors' location decisions over the 1987 to 1998 period. We argue that less developed regions in China are more inclined to sacrifice...
Persistent link: https://www.econbiz.de/10009365057
The fact that most environmental degradation occurs in developing countries shows that they face difficulties in implementing environmental policies. It is hence extremely valuable to take lessons from any instances of the successful implementation of an environmental policy in a developing...
Persistent link: https://www.econbiz.de/10008861956
This paper aims to examine the relationship between foreign direct investment and the globalization. The Portuguese … potential correlation issues and endogeneity bias. The results show that the market size and globalization have a positive … of dynamic theoretical model will be of interest to academic researches in FDI theory. …
Persistent link: https://www.econbiz.de/10011109612
globalization on pollution level, pollution intensity and relative change of pollution for the developed (OECD), developing (Non …-OECD) country groups, and the world as a whole. This paper examines the factor endowment and pollution haven hypotheses that predict … how trade affects the environment. Interaction effects also play a crucial role to determine the impact of globalization …
Persistent link: https://www.econbiz.de/10011113147
globalization on inflation in both developed and developing countries, and going further for different regional clusters. The … outlier. Nonetheless, despite the mixed impact of globalization on inflation, it does not allow for inflation …
Persistent link: https://www.econbiz.de/10010827730
globalization and insurance activity. We examine data from sigma reports of Swiss Reinsurance Company for 8 Eastern Asian countries … activity, life insurance activity, and non-life insurance activity on globalization only in Korea. However, there is strong … causality from globalization to insurance activity for Thailand, Malaysia, and the Philippines. In our research, the results …
Persistent link: https://www.econbiz.de/10010730200
This study applies the bootstrap panel Granger causality test to identify whether globalization promotes insurance …–2008. Empirically, results for one-way Granger causality show the influence of insurance activity on globalization only in Japan …. However, there is strong interaction causality between globalization and insurance activity in India, South Korea, and …
Persistent link: https://www.econbiz.de/10010737991
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …
Persistent link: https://www.econbiz.de/10005076616
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (“compensation hypothesis”). Employing two different datasets and various measures of globalization, we analyze … whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we …
Persistent link: https://www.econbiz.de/10005731509
A key component of economic globalization, foreign direct investment (FDI) plays a special role in stimulating the …
Persistent link: https://www.econbiz.de/10005827039