The effect of environmental regulation on the locational choice of Japanese foreign direct investment

被引:74
作者
Kirkpatrick, Colin [1 ]
Shimamoto, Kenichi [2 ]
机构
[1] Univ Manchester, Sch Environm & Dev, Inst Dev Policy & Management, Manchester M13 9PL, Lancs, England
[2] Univ Birmingham, Dept Econ, Birmingham B15 2TT, W Midlands, England
关键词
D O I
10.1080/00036840600794330
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article assesses the impact of environmental regulation (ER) in host countries on Japanese foreign direct investment (FDI) decision-making. It tests the pollution haven hypothesis using data on national (ER) standards and Japanese inward FDI in five dirty industries (iron and steel industry, nonferrous metals industry, chemicals industry, paper and pulp industry, nonmetallic products industry). The results do not support the pollution hypothesis. On the contrary, inward Japanese FDI appears to be attracted to countries which have committed themselves to a transparent and stable environment regulatory environment, suggesting that the quality of the regulatory framework in terms of its certainty and transparency has a greater influence on foreign investors' choice of location than the level of environmental regulatory measures.
引用
收藏
页码:1399 / 1409
页数:11
相关论文
共 57 条
[1]  
ADAMS J, 1997, OECD GLOBALISATION E
[2]  
ALTOMONTE C, 2000, TRANSNATIONAL CORPOR, V9, P75
[3]  
AMURO K, 1996, KENKYU SHIRYO, V155
[4]  
ANDO M, 1996, CHANCE GA IPPAI ECOB
[5]  
[Anonymous], 2001, NBER WORKING PAPERS
[6]  
[Anonymous], FRONTIERS ECONOMETRI
[7]   Is free trade good for the environment? [J].
Antweiler, W ;
Copeland, BR ;
Taylor, MS .
AMERICAN ECONOMIC REVIEW, 2001, 91 (04) :877-908
[8]   THE EFFECTS OF ENVIRONMENTAL-REGULATION ON BUSINESS LOCATION IN THE UNITED-STATES [J].
BARTIK, TJ .
GROWTH AND CHANGE, 1988, 19 (03) :22-44
[9]  
BRACK D, 2003, MULTINATIONAL ENV AG
[10]  
Busse M., 2004, 3361 WORLD BANK