Environmental impacts of FDI: evidence from heterogeneous panel methods.

This paper investigates the effect of foreign direct investment (FDI) on environmental quality for 123 nations over the period 1996 to 2018. The study also conducts a comparative analysis for 45 developing and 78 developed nations to better understand the environmental impacts of foreign direct investment. The study employs pooled mean group (PMG) and mean group (MG) estimation techniques for investigating the impacts of FDI on environmental quality as the slope heterogeneity test rejects the null hypothesis of homogenous slope coefficients for the cross-sectional units in all country groupings. In addition, the study employs common correlated effect pooled mean group (CCEPMG) and common correlated effect mean group (CCEMG) estimation methods to tackle cross-sectional dependence in all country groupings. The results indicate that the impact of FDI on environmental emission is negative and significant for the global sample. Furthermore, the comparative analysis for developed and developing countries indicates that FDI improves environmental quality in developed nations as it leads to a lower level of CO2 emissions whereas it leads to adverse environmental impacts in the developing nations as it leads to a higher level of CO2 emissions. The empirical findings for developed and developing countries confirm pollution haven hypothesis (PHH) for developing countries while pollution halo hypothesis for developed countries. This study may help the policy makers to better understand the attributes of FDI and to devise such type of policies and regulatory framework which encourages environmentally friendly FDI or the FDI that take care of environmental quality.

A cohort study analyzing the impact of socioeconomic and spatial characteristics alongside treatment regimens on the environmental-health outcomes of the MDR-TB treatment in Pakistan.

This study identifies and analyzes a number of factors that correlate with the environmental-health outcome of multi-drug resistance tuberculosis (MDR-TB) treatment in Pakistan. Survival analysis is carried out by applying the multivariable Cox Proportional Hazard model on secondary data of 369 patients registered at three main MDR-TB sites in Pakistan during 2012-2017. Results show that there is no difference in survival of patients between the two treatment arms, hospital and ambulatory care. Male gender and travel expenditure are found to be negatively associated with the environmental-health outcome, whereas spatial characteristic of time expenditure is positively related to it supporting distance bias approach. Medical expenditure is also positively related to the environmental-health outcome. The study concludes that availability of affordable and accessible health services, better environmental conditions, and ambulatory care based on WHO recommendation as well as health education along with social protection schemes should be ensured by the government to improve environmental-health outcome in the resource-scarce setting in Pakistan.

Information and communication technology (ICT) and environmental sustainability: a panel data analysis.

This study investigates the impact of information and communication technology (ICT) on carbon dioxide emissions for a panel of 91 countries over the period 1990 to 2017. The study constructs an ICT index through principal component analysis and tests for the presence of cross-sectional dependence (CSD) in the data. The study employs pooled ordinary least squares, fixed-effects model, and system-generalized method of moments estimation techniques with panel-corrected standard errors (PCSE) to tackle the issues of CSD in the data. The findings of the study show that ICT reduces CO2 emissions for the full sample of countries. However, the comparative study of developed and developing countries depicts that ICT encourages environmental sustainability in developed countries whereas opposite results are found for developing countries. Moreover, presence of the environmental Kuznets curve is confirmed for the full sample as well as for developed and developing countries. It suggests that with higher levels of development of a country, it would be possible to contribute towards environmental sustainability along with ICT diffusion. Therefore, the outcome of this study may be helpful for policymaker and policies may be designed to encourage ICT investments in developing countries, as ICT will take care of environmental sustainability with higher levels of development.