چکیده:
In this article ، it is tried study the impact of Investment structure on environmental performance index (EPI). In this research، environmental performance indicators have been utilized as an independent variable unlike that of similar studies consied out based upon the destructive environmental emissions such as carbon dioxide as a factor of pollution growth to assess the environmental Kuznets curve.Using panel data and GLS، this research evaluates the impact of FDI on EPI in 17 oil producting countries، including Islamic Republic of Iran from 200 to 2012. Research findings indicate that foreign direct investment (FDI) has reverse meaningful relationship with environmental performance thus environmental Kuznets curve in oil countries is not confirmed. According to Pollution Haven Hypothesis such countries are prone to absorbing pollute industries. And a reverse and meaningful relationship was found between industry value added and environmental performance. Such a relationship indicates that industry structural change can cause reduction of environmental indicators as majority of FDI is concentrated in oil industries of these countries.
خلاصه ماشینی:
The results obtained show that foreign direct investment has a significant negative relationship with the environmental performance index, based on which the Environmental Kuznets Curve is not confirmed for oil-producing countries, and the pollution haven theory applies to these countries, as they serve as havens for polluting industries.
In this study, alongside investigating the impact of foreign direct investment on the environmental performance index, efforts have been made to examine other effects such as scale and structural effects and the Kuznets hypothesis, such that the per capita gross national income variable was used to investigate the scale effect, and for investigating structural changes, the value added of the industrial sector as a percentage of gross national product was used.
Hsiao-Tien and Chung-Ming 4 (2010) in a study they conducted, examined the effect of economic growth, energy consumption, and foreign direct investment on environmental pollution using a panel data model and Granger causality in the period 1980-2007 for the BRIC countries (Brazil, Russia, India, and China).
(1) Each of the mentioned indices are as follows: EPI: Environmental Performance Index, FDI: Foreign Direct Investment rate, IND: Value added of the industrial sector (as a percentage of Gross National Product), GNI: Gross National Income per capita, GNI^2: Square of Gross National Income per capita (which has been used for the inverted U-shaped Kuznets curve test, which states that an inverted U-shaped relationship exists between growth and environmental degradation; if in this study the sign of the income level is negative and the sign of its square is positive, it results in the establishment of this relationship and the inverted U-shape).