Environmental Regulation Induced Foreign Direct Investment

Environmental and Resource Economics

Volumn 55, Issue 1, 2013, Pages 141-158

  Elliott, Robert J R ^a   Zhou, Ying ^b  

^a UNIVERSITY OF BIRMINGHAM   (United Kingdom)

^b ASTON UNIVERSITY   (United Kingdom)

Author keywords

Environmental regulations; FDI; Pollution halo

Indexed keywords

LOCATION; POLLUTION;

CAPITAL INFLOWS; EMPIRICAL LITERATURE; EMPIRICAL STUDIES; ENVIRONMENTAL STANDARDS; FOREIGN DIRECT INVESTMENTS; HOST COUNTRIES; LOCATION DECISIONS; THEORETICAL FRAMEWORK;

ENVIRONMENTAL REGULATIONS;

DECISION MAKING; EMPIRICAL ANALYSIS; ENVIRONMENTAL LEGISLATION; FOREIGN DIRECT INVESTMENT; LITERATURE REVIEW; STANDARD (REGULATION); THEORETICAL STUDY;

EID: 84876166035     PISSN: 09246460     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10640-012-9620-0     Document Type: Article

References (39)

1. Baumol W, Oates WE (1975) The theory of environmental policy. J Public Econ 5: 187-189.
2. Baumol W, Oates WE (1988) The theory of environmental policy, 2nd edn. Cambridge University Press, Cambridge.
3. Brainard SL (1992) A simple theory of multinational corporations and trade with a trade-off between proximity and concentration. NBER Working Paper No. 4269, NBER.
4. Buchanan JM (1969) External diseconomics, corrective taxes, and market structure. Am Econ Rev 59(1): 174-177.
5. Chichilnisky G (1994) North-South trade and the global environment. Am Econ Rev 84: 851-874.
6. Cole MA, Elliott RJR, Fredriksson PG (2006) Endogenous pollution havens: does FDI influence environmental regulations? Scand J Econ 108: 157-178.
7. De Santis RA, Stahler F (2009) Foreign direct investment and environmental taxes. Ger Econ Rev 10: 115-135.
8. Dijkstra BR, Mathew AJ, Mukherjee A (2011) Environmental regulation: an incentive for foreign direct investment. Rev Int Econ 19: 568-578.
9. Eskeland GS, Harrison AE (2003) Moving to Greener Pastures? Multinationals and the pollution haven hypothesis. J Dev Econ 70: 1-23.
10. Fredriksson PG (1997) The political economy of pollution taxes in a small open economy. J Environ Econ Manag 33: 44-58.
11. Fredriksson PG (1999) The political economy of trade liberalization and environmental policy. South Econ J 65: 513-525.
12. Fredriksson PG, List JA, Millimet DL (2003) Bureaucratic corruption environmental policy and inbound US FDI: theory and evidence. J Public Econ 87: 1407-1430.
13. Horstmann IJ, Markusen JR (1987) Strategic investments and the development of multinationals. Int Econ Rev 28: 109-121.
14. Horstmann IJ, Markusen JR (1992) Endogenous market structures in international trade (natura facit saltum). J Int Econ 32: 109-129.
15. Hoel M (1997) Environmental policy with endogenous plant locations. Scand J Econ 99: 241-259.
16. Hillman AL, Ursprung HW (1992) The influence of environmental concerns on the political determination of international trade policy. In: Blackhurst R, Anderson K (eds) The greening of world trade issues, pp 195-220.
17. Hillman AL, Ursprung HW (1993) The multinational firm, political competition and international trade policy. Int Econ Rev 34: 347-363.
18. Kayalica MO, Lahiri S (2005) Strategic environmental policies in the presence of foreign direct investment. Environ Resour Econ 30: 1-21.
19. Keller W, Levinson A (2002) Pollution abatement costs and foreign direct investment inflows to the US states. Rev Econ Stat 84(4): 691-703.
20. Levinson A (1996a) Environmental regulations and industrial location. In: Bhagwati J, Hudec R (eds) Fair trade and harmonization, vol 1. MIT Press, Cambridge.
21. Levinson A (1996b) Environmental regulations and manufacturers' location choices: evidence from the census of manufactures. J Public Econ 62: 5-29.
22. Levinson A, Taylor MS (2008) Unmasking the pollution haven effect. Int Econ Rev 49: 223-254.
23. List JA, Co CY (2000) The effects of environmental regulations on foreign direct investment. J Environ Econ Manag 40: 1-20.
24. Markusen JR, Morey ER, Olwiler N (1993) Environmental policy when market structure and plant locations are endogenous. J Environ Econ Manag 24: 69-86.
25. Markusen JR, Morey ER, Olwiler N (1995) Competition in regional environmental policies when plant locations are endogenous. J Public Econ 56: 55-77.
26. Motta M (1992) Multinational firms and the tariff-jumping argument. Eur Econ Rev 36: 1557-1571.
27. Motta M, Thisse J-F (1994) Does environmental dumping lead to delocation? Eur Econ Rev 38: 563-576.
28. Oates WE, Schwab RM (1988) Economic competition among jurisdictions: efficiency enhancing or distortion inducing. J Public Eco 35: 333-354.
29. Pearson C (1987) Multinational corporation, environment and the third world. Duke University Press, Durham.
30. Rauscher M (1995) Environmental regulation and the location of polluting industries. Int Tax Public Financ 2: 229-244.
31. Rowthorn RE (1992) Intra-industry trade and investment under oligopoly: the role of market size. Econ J 102: 402-414.
32. Sanna-Randaccio F, Sestini R (2012) The impact of unilateral climate policy with endogenous plant location and market size asymmetry. Rev Int Econ 20(3): 439-656.
33. Sartzetakis ES (1997) Raising rivals' costs strategies via emission permit markets. Rev Ind Organ 12: 751-765.
34. Smarzynska BK, Wei SJ (2001) Pollution havens and foreign direct investment: dirty secret or popular myth, NBER Working Paper No. 8465, NBER.
35. Smith A (1987) Strategic investment, multinational corporations and trade policy. Eur Econ Rev 31: 89-96.
36. Solow RM (1974) The economics of resources or the resources of economics. Am Econ Rev 64(2): 1-14.
37. Ulph A, Valentini L (2001) Is environmental dumping greater when plants are footloose? Scand J Econ 103: 673-688.
38. Xing Y, Kolstad CD (2002) Do Lax environmental regulations attract foreign investment? Environ Resour Econ 21(1): 1-22.
39. Zarsky L (1999) Havens, Halos and Spaghetti: untangling the evidence about foreign direct investment and environment, foreign direct investment and the environment. Organisation for Economic Co-operation and Development, Paris.