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The effects of globalization on the environment
Department of Economics, Corvinus University of Budapest, Budapest, Hungary.
Jönköping University, Jönköping International Business School, JIBS, Economics. Department of Economics, Sogang University, Seoul, Korea.ORCID iD: 0000-0002-7902-4683
2018 (English)In: UKH Journal of Social Sciences, ISSN 2520-7806, Vol. 2, no 1, p. 25-40Article in journal (Refereed) Published
Abstract [en]

In multiple standard OLS regression models, we test the effects of 26 standard predictor variables, including the ‘four freedoms’ of goods, capital, labour and services, on the following indicators of sustainable development: avoiding net trade of ecological footprint gha per person, Carbon emissions per million US dollars GDP, CO2 per capita, Environmental Performance Index (EPI), Global footprint per capita, Happy Life Years, Happy Planet Index, and ln (number of people per mill inhabitants 1980-2000 killed by natural disasters per year+1). Our research shows that the apprehensions of quantitative globalization critical research are fully vindicated by the significant negative environmental effects of the foreign savings rate. High foreign savings are indeed a driver of global footprint, and are a blockade against a satisfactory Happy Planet Index performance. The New International Division of Labour (NIDL)-model (Froebel et al., 1980) is one of the prime drivers of high CO2 per capita emissions. MNC penetration, the master variable of most quantitative dependency theories, blocks environmental performance (EPI-Index) and several other socially important processes. Worker remittances have a significant positive effect on the Happy Planet Index, and Happy Life Years.

Place, publisher, year, edition, pages
University of Kurdistan Hewlêr , 2018. Vol. 2, no 1, p. 25-40
Keywords [en]
Environment, Globalization, International Migration, International Political Economy, International Relations
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-42425DOI: 10.25079/ukhjss.v2n1y2018.pp25-40Local ID: ;intsam;1274982OAI: oai:DiVA.org:hj-42425DiVA, id: diva2:1274982
Available from: 2019-01-04 Created: 2019-01-04 Last updated: 2021-03-02Bibliographically approved

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Heshmati, Almas

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
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  • de-DE
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  • en-US
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  • nn-NO
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Output format
  • html
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