Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Assessing the FDI- Load Capacity Factor Relationship in Spain: an ARDL Approach

Version 1 : Received: 15 June 2023 / Approved: 15 June 2023 / Online: 15 June 2023 (05:48:01 CEST)

How to cite: Hernandez Soto, G. Assessing the FDI- Load Capacity Factor Relationship in Spain: an ARDL Approach. Preprints 2023, 2023061080. https://doi.org/10.20944/preprints202306.1080.v1 Hernandez Soto, G. Assessing the FDI- Load Capacity Factor Relationship in Spain: an ARDL Approach. Preprints 2023, 2023061080. https://doi.org/10.20944/preprints202306.1080.v1

Abstract

This work discusses the relationship between foreign direct investment (FDI) and pollution in Spain using an autoregressive distributed lag regression model (ARDL) from 1961 to 2018. The authors apply the theoretical context of pollution haven/halo and conclude that FDI in Spain does not contribute to the transfer of green technologies for cleaner production, despite being included within the European environmental regulatory framework. The authors also verify the adequacy of the environmental Kuznets curve (EKC) and the Load Capacity Curve hypothesis (LCC) in the Spanish environmental context and find that income per capita has a positive effect on environmental sustainability and quality. In this sense, the further development of an efficient renewable energy infrastructure could efficiently drive to a better standards all pollution indexes in Spain, including nuclear energy production, contributing the emissions neutrality aimed by the EU by 2050.

Keywords

Pollution; Load Capacity Hypothesis (LCC); Sustainability; Pollution Haven Hypothesis

Subject

Arts and Humanities, Humanities

Comments (0)

We encourage comments and feedback from a broad range of readers. See criteria for comments and our Diversity statement.

Leave a public comment
Send a private comment to the author(s)
* All users must log in before leaving a comment
Views 0
Downloads 0
Comments 0


×
Alerts
Notify me about updates to this article or when a peer-reviewed version is published.
We use cookies on our website to ensure you get the best experience.
Read more about our cookies here.