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Energy consumption and foreign direct investment: a panel data analysis for Portugal
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Autores
Orientador(es)
Resumo(s)
This research considers the relationship between energy consumption and foreign direct
investment (FDI) for the period 1990-2011. As econometric strategy, we use unit root test and panel data. The empirical results illustrate that the income per capita and political globalization present a positive impact on energy consumption. The selected components of globalization (cultural, social and political) show that these variables promote Portuguese foreign direct investment. The econometric models also considered two control variables, trade openness and exchange rate. These proxies are positively correlated with FDI. The variables of income per capita and the squared income per capita validate the environmental Kuznets curve assumptions.
Descrição
Palavras-chave
Energy consumption Foreign direct investment Panel Data Unit root tests
Contexto Educativo
Citação
Leitão, N. (2015). Energy consumption and foreign direct investment: a panel data analysis for Portugal. International Journal of Energy Economics and Policy, 5(1), 138-147
Editora
EconJournals