Does Environmental Policy Stringency impact the flow of FDI? A study in Indian Manufacturing sector in relation with OECD countries
Journal Title: International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS) - Year 2017, Vol 4, Issue 3
Abstract
The pollution haven hypothesis postulates how industrial nations seek to set up factories in countries with cheapest resources and lowest environmental regulation cost. FDI in polluting industries flows from countries with stringent environmental regulations to those with slack regulations. With this background this paper tries to assess the validity of the pollution haven hypothesis employing graphical and panel data analysis. Assuming that manufacturing sector is the most polluting sector we examine the relationship between environmental policy stringency and percentage share of manufacturing FDI in India for the period 2003 to 2015 and also of five OECD countries (United States, United Kingdom, South Korea, Japan and Germany) where environmental policies are highly stringent. Study found that in Germany, Japan and South Korea a growing strictness in environmental policy is followed by a falling share in manufacturing FDI inflow. In our next effort, to assess the relationship between the policy stringency differences across countries and flow of polluting FDI, by using panel data analysis we find significant econometrical evidence that changing differences in environmental policy stringency has been influencing the inflow of polluting FDI in India.
Authors and Affiliations
Karuna Phukan
Keywords
Related Articles
- EP ID EP31154
- DOI -
- Views 348
- Downloads 2
Temperature Sensor By Using Selectively Filled Photonic Crystal Fiber Sagnac Interferometer
This paper reviews the application of a selectively filled photonic crystal fiber to construct sagnac interferometer (OFSI) based temperature sensor. The transmission of the OFSI is in sinusoidal form and dependent on t...
A case of cystic degeneration of nasal pterygeum
The purpose of this study is to report a case of development of cystic degeneration in a patient of nasal pterygeum. The patient was a 32 year old male without any specific history of surgery or trauma, presented with...
Causes of Male Re-canalisation (Vasovasostomy (Reversal Surgery)) in Vasectomy Client in Nepal
Re-canalisation is the process of restoring flow to or reuniting an interrupted channel of a bodily tube (as a blood vessel or vas deferens) In Nepal in 2012–2013 surgeons performed 20,588 vasectomies with an incidence...
Are physiotherapy students at risk of Musculoskeletal Pain? A Study on Physiotherapy students of Government Physiotherapy College, New Civil Hospital, Surat
Musculoskeletal disorders are common in physiotherapists and are continually growing. Many physiotherapists report the onset of musculoskeletal pain during undergraduate course. In fact, physiotherapy students are poten...
In Search of Little Tradition of Folk Islam: A Study of Marefati Folk Songs in Bengal
Islamic contact with Bengal is as old as the role of the religion is significant in the historical development of this region. Its importance does not simply consist in the fact that the undivided Bengal saw the larges...