Earticle

초록

영어

This paper theoretically reviews the researches about the effects of environmental regulations on economic performances. According to the previous researches, we propose that environmental regulations affect industrial economic performances through three channels: export, foreign direct investment, and innovative activities. We collected the related data over the period of 1997-2009 from 14 industries in Korea. The emission amounts of the eight kinds of pollutants were used to calculate the pollutant index as the measure of stringency of environmental regulations. We used the simultaneous equations model and the 3SLS method to solve the endogenous problems between the variables. The results indicated that environmental regulations negatively affect industrial economic performances through export channels. Environmental regulations have insignificant effects on inflow FDI. Although environmental regulations motivate companies to increase R&D investments, it does not influence industrial economic performances through R&D investments. In the future, Korean government should implement various policies of environmental regulations, reinforce economic policies and soft policies to enhance efficiency and flexibility.

목차

Ⅰ. Introduction
 Ⅱ. Literature Review
 Ⅲ. Methodology
 Ⅳ. Empirical Results
 Ⅴ. Conclusion
 Reference
 Abstract

키워드

저자

• Yun-Seop Hwang [ Professor, Department of International Business & Trade, Kyung Hee University ] First author
• Xiaoxu Dong [ Doctoral Candidate, Department of International Business & Trade, Kyung Hee University ] Corresponding author
• WonWoong Choi [ Doctoral Candidate, Department of International Business & Trade, Kyung Hee University ] Co-author

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  생산성연구: 국제융합학술지 [Productivity Research: An International Interdisciplinary Journal]

• 간기

  격월간

• pISSN

  1225-3553

• 수록기간

  1987~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 325 DDC 330