Investigation of Pollution Haven Hypothesis for China: A Fourier ADL Cointegration Analysis

Yıl 2024, Cilt: 16 Sayı: 31, 429 - 440, 28.11.2024

Ayşegül Han , Gökhan Konat , Mehmet Ali Polat

https://doi.org/10.20990/kilisiibfakademik.1512603

Öz

Purpose: This study tests the Pollution Paradise Hypothesis by examining the role of FDI and economic growth on China's load factor over the period 1979-2021. The main objective of this study is to assess the environmental impact of FDI and economic growth in China.
Design/Methodology: Various econometric analyses have been carried out to examine FDI, economic growth indicators and the freight capacity factor. In this context, conventional ADF and Fourier ADF unit root tests were applied to the freight capacity factor, FDI and economic growth series and then to the shocks to these series.
Findings: In conclusion, it is emphasised that in order to achieve sustainable development goals in China, policy makers should adopt more effective environmental sustainability policies, taking into account the impact on FDI and economic growth.
Limitations: It tests the Pollution Paradise hypothesis by examining the role of FDI and economic growth on the load factor in China. The research is therefore specific to China.
Originality/Value: This study aims to contribute to the literature by assessing the environmental impact of FDI in China in a more holistic way, and from a perspective that has not been analysed before.

Anahtar Kelimeler

Pollution Paradise Hypothesis, Load Capacity Factor, Foreign Direct Investment, Economic Growth, Sustainable Development

Çin için Kirlilik Cenneti Hipotezinin Araştırılması: Bir Fourier ADL Eşbütünleşme Analizi

Öz

Amaç: Bu araştırma, 1979-2021 döneminde Çin'de Doğrudan yabancı yatırımlar ve ekonomik büyümenin yük kapasitesi faktörü üzerindeki rolünü araştırarak Kirlilik Cenneti Hipotezini test etmektedir. Bu çalışmanın temel amacı, Çin'deki doğrudan yabancı yatırımların ve ekonomik büyümenin çevresel etkilerini değerlendirmektir.
Tasarım/Yöntem: Doğrudan yabancı yatırımlar, ekonomik büyüme göstergeleri ve yük kapasite faktörünü araştırmak için çeşitli ekonometrik analizler yapılmıştır. Bu bağlamda, geleneksel ADF ve Fourier ADF birim kök testleri yük kapasite faktörü, Doğrudan yabancı yatırımlar ve ekonomik büyüme serilerine ve ardından bu serilerin şoklarına uygulanmıştır.
Bulgular: Sonuç olarak, Çin'de sürdürülebilir kalkınma hedeflerine ulaşmak için politika yapıcıların doğrudan yabancı yatırımlar ve ekonomik büyüme üzerindeki etkileri dikkate alarak çevresel sürdürülebilirlik konusunda daha etkin politikalar benimsemeleri gerektiği vurgulanmaktadır.
Sınırlılıklar: Çin'de Doğrudan yabancı yatırımlar ve ekonomik büyümenin yük kapasitesi faktörü üzerindeki rolünü araştırarak Kirlilik Cenneti Hipotezini test etmektedir. Dolayısıyla, araştırma Çin özelinde yapılmıştır.
Özgünlük/Değer: Bu çalışma, özellikle Çin'deki doğrudan yabancı yatırımların çevresel etkilerini daha bütüncül bir şekilde değerlendirerek ve daha önce incelenmemiş bir perspektiften yaklaşarak literatüre katkıda bulunmaktadır.

Anahtar Kelimeler

Kirlilik Cenneti Hipotezi, Yük Kapasite Faktörü, Doğrudan Yabancı Yatırım, Ekonomik Büyüme, Sürdürülebilir Kalkınma

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