Abstract
PurposeIn recent years, most emerging economies have experienced large foreign direct investment inflows to the real estate sector (FDIRE) and increases in carbon dioxide (CO2) emissions. The purpose of this study is to empirically investigate the effect of FDIRE on CO2emissions in a set of emerging economies.Design/methodology/approachApplying fixed‐effect and generalized method of moments (GMM) techniques, this paper uses related observations from 31 emerging economies between 2000 and 2008 to analyze the impacts of FDIRE on CO2emissions.FindingsThe empirical results show that FDIRE does not contribute to CO2emissions. It is also found that energy consumption, urbanization and economic development are important determinants of CO2emissions in emerging economies.Originality/valueWhile there has been a series of papers that investigated the relationship between aggregate FDI and CO2emissions, very few empirical studies have examined the relation between sectoral FDI and CO2emissions across a large number of emerging economies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
