Blanco, Luisa; Gonzalez, Fidel; Ruiz, Isabel - In: Oxford Development Studies 41 (2013) 1, pp. 104-121
This paper uses panel Granger causality tests to study the relationship between sector-specific foreign direct investment (FDI) and CO<sub>2</sub> emissions. Using a sample of 18 Latin American countries for the period 1980--2007, we find causality running from FDI in pollution-intensive industries (“the...