A Study on the Effect of Environmental Regulation on Direct Investment of Korea (환경규제가 우리나라 해외직접투자에 미치는 영향)

이지연; Han， Hyun Ok (한현옥)

A Study on the Effect of Environmental Regulation on Direct Investment of Korea

Journal of Regulation Studies
2011, 20(2), pp.69-92
Publisher : 한국규제학회
Research Area : Social Science > Public Administration

이지연 ¹, Han， Hyun Ok ¹

¹부산대학교

Accredited

ABSTRACT

According to the pollution heaven hypothesis, strict environmental regulation weakens the competitiveness of firms in the country, forcing the firms to move to other countries with loose environmental regulation. This study explores how environmental regulation in foreign countries affects direct investment of Korea to those countries empirically. When all the countries are included in the analysis, we do not find strong evidence for supporting the pollution heaven hypothesis. However, only the non-OECD countries are considered, we find the pollution heaven hypothesis might hold in Korea.

KEYWORDS

Environmental Regulation, Pollution Heaven Hypothesis, Foreign Direct Investment

Citation status

* References for papers published after 2023 are currently being built.

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