The effect of FDI on eco-efficiency performance: evidence from the BRICs
Abstract
This paper aims to examine the effect of FDI on eco-efficiency performance. To serve this purpose, a time-dependent conditional slack-based measure model and nonparametric regression and test techniques are applied to BRICs during 2008-2015. It is found that there is an almost U-shape relationship between FDI and countries’ eco-efficiency performance among three countries of BRICs.
Keywords
Slack based measure, Conditional efficiency, FDI, eco-efficiency performance
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