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Energy savings via FDI? Empirical evidence from developing countries

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dc.creator Hübler, Michael
dc.creator Keller, Andreas
dc.date 2008
dc.date.accessioned 2013-10-16T06:16:21Z
dc.date.available 2013-10-16T06:16:21Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/4125
dc.identifier ppn:556495780
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/4125
dc.description In this paper we examine the influence of foreign direct investment inflows on energy intensities of developing countries empirically. We first show that a simple OLS estimation, as it is found in the literature, suggests energy intensity reductions from FDI inflows, which is consistent with the hypothesis of energy saving technology transfer via FDI. However, such a regression turns out to be spurious and only a starting point for further research. Therefore, we use macro level data on 60 developing countries for the period 1975-2004 including other potential determinants of energy intensities and apply panel estimation techniques and tests. The results do not confirm the hypothesis that FDI inflows reduce energy intensities of developing countries in general. Interactions of FDI with country-specific characteristics do not show significant effects, either.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1393
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F21
dc.subject O13
dc.subject O33
dc.subject Q43
dc.subject Q56
dc.subject F18
dc.subject ddc:330
dc.subject Developing countries
dc.subject Energy intensity
dc.subject FDI
dc.subject Technology transfer
dc.subject Direktinvestition
dc.subject Technologietransfer
dc.subject Energiesparen
dc.subject Faktorintensität
dc.subject Entwicklungsländer
dc.title Energy savings via FDI? Empirical evidence from developing countries
dc.type doc-type:workingPaper


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