1. Impacto de la Inversión Extranjera Directa de Estados Unidos de América en la Degradación Ambiental en México, 1990 - 2019.
- Author
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Gómez, Mario, Villicaña Villa, Abraham David, and Monge, Rodrigo Gómez
- Subjects
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CARBON dioxide mitigation , *CARBON emissions , *ENVIRONMENTAL degradation , *FOREIGN investments , *ENVIRONMENTAL policy - Abstract
Given the importance that the issue of climate change has acquired in environmental policy, concerns are increasing about the effects of trade between nations of so-called "Carbon Leakage". The objective of this research is to examine the impact of US Foreign Direct Investment (FDI), Gross Domestic Product (GDP), trade openness (AC) and the consumption of renewable energy (RE), on carbon dioxide emissions (CO2) in Mexico during the period 1990 - 2019. For this, econometric tools were used. The main results show that the variables are of integration order I(1) and there is a long-term equilibrium relationship between the variables. Long-term models were estimated, demonstrating that there is a positive relationship between FDI, GDP and AC with CO2 emissions, so that an increase in FDI, GDP and AC contribute to the increase in CO2 emissions. And a negative relationship between RE consumption with CO2 emissions, so an increase in RE consumption will help reduce CO2 emissions. The results validate the Pollution Paradise Hypothesis because US FDI contributed to the increase in CO2 emissions, generating environmental degradation, turning Mexico into a pollution paradise country. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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