This study investigates the impact of financial development (FD) on CO2 emissions in the presence of economic growth, industrial growth, and renewable energy consumption. The sample size consists of panel of 89 countries for the period 1992-2014. The empirical analysis has been done by applying...

Multinational enterprises play a significant role in the global economy. Their activities can have positive impacts on host countries as these companies tend to bring new capital, technology, and knowledge. Nevertheless, negative effects linked to their presence occur as well. Most studies focus...

While existing literature points to a positive impact of FDI on host countries’ growth, little is known about how inward FDI contributes to economic volatility in the host country. In this paper, we investigate the FDI-output growth volatility nexus focusing on manufacturing sectors of OECD...