ECONOMIC EFFECTS OF THE KYOTO PROTOCOL ON THE FDI ATTRACTIVENESS OF THE NATIONAL ECONOMY

Authors

Keywords
-

Summary
In this study we investigate the economic consequences of environmental policy and in particular the impact of the Kyoto Protocol on the attractiveness of the national economy for FDI. We propose several alternative indicators for evaluation the strictness of environmental policy. The indicators are used in specifying an econometric model. We use this model for measurement of the economic impacts of the Kyoto protocol enforcement on the level and destination of the FDI in pollution intensive sectors. We find a strong correlation between FDI level and strictness of environmental policy measured with the carbon intensity of the host country economy. We use the model for assessment the economic impacts of Bulgaria’s accession to the European emissions-trading scheme.

JEL: -
Pages: 35
Price: 3 Points

More titles

  • DEVELOPMENT AND APPLICATION OF STRATEGIES FOR CUSTOMER RELATIONSHIP MANAGEMENT(CRM)

    The application of the strategies for management of relationships with customers gives a possibility for the enterprises to increase their incomes through: realising of products and servies on the market, that correspond to the consumption needs of the customers; improvement of service and working with customers; optimizing the process of ...

  • IMPROVEMENT METHODS IN THE SPHERE OF EDUCATION IN BUSINESS ANALYSIS UNDER THE CONDITIONS OF NEW REALITIES

    The reaching of European standards of education and convertibility of the educational product are quite serious arguments for the search of opportunities for improving education. The approaches for structuring the analysis, as well as its modern trends are examined with reference to the new realities. The information sources are evaluated ...

  • THE INNOVATION ACTIVITY OF THE INDUSTRIAL ENTERPRISES THROUGH APPLICATION OF CLUSTER MODEL

    The research titled “Increasing of the innovation activation activity of the industrial enterprises through application of cluster model” is directed to the ongoing in Bulgaria processes in formation and development of groupings of related industrial enterprises in agglomerations and innovation activities carried out in them. It is focused ...