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Exploring the Nexus Among FDI Inflows, Environmental Quality, Human Capital, and Economic Growth in the Mediterranean Region

Journal of the knowledge economy, 2021-06, Vol.12 (2), p.788-810 [Peer Reviewed Journal]

Springer Science+Business Media, LLC, part of Springer Nature 2020 ;Springer Science+Business Media, LLC, part of Springer Nature 2020. ;ISSN: 1868-7865 ;EISSN: 1868-7873 ;DOI: 10.1007/s13132-020-00641-5

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  • Title:
    Exploring the Nexus Among FDI Inflows, Environmental Quality, Human Capital, and Economic Growth in the Mediterranean Region
  • Author: Abdouli, Mohamed ; Omri, Anis
  • Subjects: Causality ; Economic growth ; Economic Policy ; Economics ; Economics and Finance ; Entrepreneurship ; Environmental quality ; GDP ; Gross Domestic Product ; Human capital ; R & D/Technology Policy
  • Is Part Of: Journal of the knowledge economy, 2021-06, Vol.12 (2), p.788-810
  • Description: This article investigates the links between FDI inflows, environmental quality, human capital, and economic growth in the Mediterranean region for the period of 1990–2013. Using both dynamic OLS and fully modified OLS methods, we find that (i) there is bidirectional causality between economic growth, FDI inflows, CO 2 emissions, and human capital for all the considered panels, except in the Euro and Asian Mediterranean countries panel there is a unidirectional causality from FDI inflows to human capital as well as from human capital to FDI inflows; (ii) with the exception of the African Mediterranean countries panel, there is unidirectional causality running from GDP to FDI inflows as well as from GDP to human capital, from FDI to human capital, and from human capital to CO 2 emissions. These empirical insights are of particular interest to policymakers to build sound policies to promote economic growth and improving environmental quality.
  • Publisher: New York: Springer US
  • Language: English
  • Identifier: ISSN: 1868-7865
    EISSN: 1868-7873
    DOI: 10.1007/s13132-020-00641-5
  • Source: AUTh Library subscriptions: ProQuest Central
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