Energy savings via FDI? Empirical evidence from developing countries

Arbeitspapier

In this paper we examine the influence of foreign direct investment inflows on energy intensities of developing countries empirically. We first show that a simple OLS estimation, as it is found in the literature, suggests energy intensity reductions from FDI inflows, which is consistent with the hypothesis of energy saving technology transfer via FDI. However, such a regression turns out to be spurious and only a starting point for further research. Therefore, we use macro level data on 60 developing countries for the period 1975-2004 including other potential determinants of energy intensities and apply panel estimation techniques and tests. The results do not confirm the hypothesis that FDI inflows reduce energy intensities of developing countries in general. Interactions of FDI with country-specific characteristics do not show significant effects, either.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Kiel Working Paper ; No. 1393

Klassifikation und Themen

• Klassifikation: Wirtschaft ; International Investment; Long-term Capital Movements ; Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; Technological Change: Choices and Consequences; Diffusion Processes ; Energy and the Macroeconomy ; Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth ; Trade and Environment
• Thema: Energy intensity ; FDI ; Technology transfer ; Developing countries ; Direktinvestition ; Technologietransfer ; Energiesparen ; Faktorintensität ; Entwicklungsländer

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Hübler, Michael ; Keller, Andreas
• Ereignis: Veröffentlichung
• (wer): Kiel Institute for the World Economy (IfW)
• (wo): Kiel
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/4125
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ